California credit unions generated a $17 billion economic impact and Nevada credit unions a $803 million jolt to their respective state economies in 2016, according to new report commissioned by the California and Nevada Credit Union Leagues.
The League of Southeastern Credit Unions & Affiliates has joined the National Federation of Community Development Credit Unions and its partners in supporting Juntos Avanzamos (Together We Advance), a network of credit unions committed to the empowerment of U.S. born and immigrant Hispanics.
Nominations are now being accepted in both categories of the 2017 CUNA Compliance Professional Awards. A celebration of outstanding achievements in credit union compliance, the awards will be presented at the Fall CUNA Regulatory Compliance Certification School, to be held Sept. 17-22 in Nashville.
As safety officials worked around the clock monitoring the Oroville Dam in Northern California from Sunday to Monday, CEO John Cassidy and his team at Sierra Central CU were also in emergency-response mode making sure the credit union’s network was operating properly to serve members.
CUNA Strategic Services has entered into a strategic alliance with Vidyo, a provider of video communications and collaboration, to help credit unions discover the value of Vidyo’s customized, scalable video solutions.
Designed around the Stanford Bank Game, the CUNA Financial Management School, set for July 30-Aug. 3, lets credit union professionals practice real-world financial management scenarios and develop a hands-on understanding of fiscal leadership.
Once the Financial Crimes Enforcement Network’s new customer due diligence rule becomes effective May 11, 2018, credit unions will be required to identify and verify the beneficial owners of business-type accounts.
The 2017 CUNA GAC kicks off Feb. 26, registration starts Sunday and leads into that evening’s ED (Filene) Talk, and continues Monday with the kickoff of the general session and a number of breakout sessions.