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The Leagues provide its Member's First philosophy in communicating "real time" comprehensive news and information. We focus on strategic, operational and the philosophical values of our membership. We work to advocate your interests, and position our member credit unions at the "top" of the financial services community.

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updated 10/02/15 12:38 PM
CRC FCU is now Novo FCU. Novo is latin for refresh/revive/make anew, fulfilling the board’s parameters for the name brand to be short, distinctive, and one that better represents the credit union’s mission and its membership.

Click to view the latest Member News

From the Editors of CU Weekly

The Leagues' first-quarter 2013 Credit Union Quarterly Performance Report has been posted!
updated 06/26/13 08:47 AM
Also, Loan Participation TIPs Bulletin
The first-quarter 2013 Credit Union Quarterly Performance Report has been published by the California and Nevada Credit Union Leagues to assist credit unions in helping create a solid financial future for their member-owners.

Using this new report, credit unions can catch up on the latest quarterly financial analysis to prepare for the next economic and market performance trends within the industry.

What's in the Report
The report includes:

  • Key Performance Comparisons
  • National Economic Summary
  • Comparison of California Versus National Financial Institutions
  • Analysis of California Credit Unions' ROA, Revenue, Loans, Interest Rate Risk, Asset quality, Deposits, Net Worth, Membership, and Number of Credit Unions
  • Consolidated U.S. Credit Union Financial Statement; and U.S. Credit Union Peer Group Performance
  • Consolidated California Credit Union Financial Statement; and California Credit Union Peer Group Performance

The Leagues partnered with Callahan and Associates to produce the report as a supplement to D.J.'s Economix.

TIPs Bulletin Posted
A new TIPs Bulletin has been posted on the Leagues' website regarding the National Credit Union Administration's (NCUA) Final Rule on Loan Participations.

On June 20, the NCUA board issued a final rule that revises the agency's existing loan participation investment rules.

Click here to view TIPs Bulletin 13-32 regarding loan participations.