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.
View the latest news about credit unions in California, Nevada, and around the nation.
Find current and archived issues of the Leagues' award-winning magazine.
Take a visual journey and explore the faces behind the California and Nevada credit union movement at a number of events, meetings, fundraisers, and conferences!
Catch up on what California and Nevada credit unions are accomplishing within their communities every month!
CU DEVELOPMENT EDUCATORS
|Graduates of the Winter 2015 CU Development Educators Training stand with training staff at the American Airlines Training & Conference Center in Dallas, Texas.
02/02/15 02:30 PM
Forty-three credit union professionals became certified CU Development Educators
after being guided by eight program facilitators and mentors in the intensive Credit Union Development Education (DE) Training from the National Credit Union Foundation. Of the 43, two were from California: Kristin Crellin from SchoolsFirst FCU and Ricardo Flores from SCE FCU. DE Training provides critical lessons in cooperative principles, credit union philosophy, and international development issues, while incorporating challenges facing credit unions.
Click to view the latest Member News
From the Editors of CU Weekly
'FUNNEL ACCOUNT' ADVISORY ISSUED
06/08/14 10:36 AM
FinCEN Guidance on Red Flags
The Financial Crimes Enforcement Network (FinCEN) has issued an advisory to financial institutions regarding the increased use of “funnel accounts” as part of trade-based money laundering (TBML) conducted by criminals following restrictions on U.S. currency transactions in Mexico.
The advisory provides “red flags” that may assist credit unions in identifying and reporting suspicious funnel account activity.
Click here to view the advisory.
The advisory presents the following helpful information:
- Explanation of what a funnel account is.
- Background regarding the most recent issue.
- Typical steps of funnel account activity in conjunction with TBML.
- Funnel account and TBML red flags.
- Guidance for financial institutions.
- Contact and hotline information.