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Graduates of the Winter 2015 CU Development Educators Training stand with training staff at the American Airlines Training & Conference Center in Dallas, Texas.
updated 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

Sen. Dean Heller, R-NV
updated 07/12/14 02:19 PM
Sends Letter to NCUA
Senator Dean Heller, R-NV, has written a letter to the National Credit Union Administration (NCUA) on behalf of the Nevada Credit Union League stating his concerns with the agency’s risk-based capital proposal.

Click here to read the letter.

Heller is the most recent to raise concerns from the Senate Banking Committee.

“I am concerned the proposed rule would establish a new risk-based requirement for a credit union to be considered well-capitalized,” Heller states. “The risk weights in the proposed rule may be unduly burdensome on credit unions and reduce the availability or affordability of loan products, and restrict credit to citizens in Nevada.”

Heller also stated his concern that the NCUA hasn’t “adequately explained” the need for the risk-based capital proposal, adding that he would like the agency to “provide clear guidance on how credit unions should plan for supervision in the future,” with plenty of time to adjust and comply with any new rules.