Tag Archives: credit union movement

Credit Unions for Kids

Credit Unions for Kids is a nonprofit collaboration of credit unions from across the country that are engaged in fundraising activities to benefit 170 Children Miracle Network Hospitals across the country. It has been adopted as the credit union movement charity of choice. Since 1996, CU4Kids has raised $170 million for Children’s Miracle Network Hospitals. Just last month, credit unions in the Northwest raised a record breaking $628,226 at the annual Credit Union for Kids auction on Oct.17.

Even better, 100% of every dollar donated by the credit union community goes right back into the CMN Hospital that is being served in our community, which for USAgencies Credit Union is OHSU Doernbecher Children’s Hospital. For more than 30 years, credit unions and their members in the Northwest have raised over $18 million to support thousands of pediatric patients at Doernbecher’s.

Credit unions have a strong partnership with Doernbecher’s, and with our efforts have been able to support such projects like their outpatient clinic, pediatric intensive care unit, and the up and coming OHSU Gary & Christine Rood Family Pavilion; a welcoming home-away-from home OHSU Guest House that is dedicated to serving the 49% of Doernbecher’s patients who travel from long distances to receive care.

With Doernbecher’s being so close to our hearts, we wanted to share them with you, too. Together we can help support the mission to save and improve the lives of as many children as possible. Every dollar makes a difference!


Help us raise money by checking out our current Skip-a-Payment offer where 100% of the proceeds are donated to Credit Union for Kids, benefiting Doernbecher Children’s Hospital. Can’t skip your payment but still want to donate? Connect with us and we can help make that happen.

July is CULAC Month!

In Collaboration with our friends at the Northwest Credit Union Association.

July is here, and that means credit unions across the country are putting their Credit Union Legislative Action Council ( CULAC ) fundraising efforts into overdrive for CULAC Month. July is an important awareness month and helps build fundraising momentum. CULAC is the Credit Union National Association’s (CUNA) political action committee.

Raising funds for CULAC is essential, as the Credit Union Movement thrives when legislators understand the credit union difference. With constant threats to credit unions’ tax-exempt status and ever increasing regulatory burdens, it’s critical that we elect U. S. Senators and Representatives who support credit unions’ not-for-profit, cooperative, members-first mission.

Here at USAgencies Credit Union, we wanted to bring you information about CULAC to you, because as a member owned cooperative, we are here solely to serve our members, and CULAC helps us continue to do that. Here are some specifics about CULAC and what it does, and why it is important.

What is CULAC?

The Credit Union Legislative Action Council (CULAC) is a vehicle through which a credit union advocate can actively participate in advancing the future of the credit union industry. In contributing to CULAC—the political action committee (PAC) of the Credit Union National Association—you are making an investment in the future of your credit union and every credit union across the country.

CULAC’s purpose is to provide the opportunity for individuals interested in the future of the credit union movement to contribute to the support of worthy candidates for federal office who believe, and have demonstrated their belief, in the principles to which the industry is dedicated.

Why do people donate?

Legislative and regulatory decisions are being made every day in Washington that affect the ability of your credit union to serve its members. By contributing to CULAC, you are joining thousands of credit union members and employees nationwide to ensure that credit unions have a voice on Capitol Hill when those decisions are made.

Where does the money go?

All contributions are  put to use by helping elect candidates who understand the credit union difference and who will fight to ensure that credit unions remain the best financial services option for consumers. CULAC is among the most bipartisan PACs in Washington and bases its candidate support decisions strictly on support of credit unions without regard to party affiliation. CUNA and the state leagues work together. As a federal PAC, CULAC can only make contributions to support election of federal candidates. That includes members of the U.S. Senate and House of Representatives. CULAC supports Republicans and Democrats, with contributions equally split 50/50 between each party, making it one of the most bipartisan PACs in the nation.


Questions? Head over to CUNA’s CULAC webpage  for more information.

Contributions to CULAC are not tax deductible. Individuals who are associated with CUNA’s state credit union leagues or with CUNA-affiliated credit unions that have signed a permission agreement with their leagues are eligible to participate in CULAC. All contributions to CULAC are strictly voluntary and will be used for political purposes. You have the right to refuse to contribute without any reprisal.

 

USACU at the 2017 GAC

At the GAC‘Powerful Cause and Positive Effect’ was the theme for this year’s Credit Union National Association (CUNA) Governmental Affairs Conference (GAC). USAgencies very own Kathy Scholes, Vice President/CFO; Kasey Rockwell, Director of CU Relations; and Jeff Griese, Board of Directors 1st Vice-Chair, all attended the conference late February in our nation’s capital, along with over 5,000 credit union professionals and advocates from around the U.S.

Every year credit union proponents descend upon Washington D.C. to connect with peers, glean best practices, trade stories, and gain insights of the political landscape for credit unions and the financial industry. Attendees had the opportunity to hear from great speakers such as the Honorable Colin L. Powell; Kat Cole, Group President of Focus Brands; CUNA President, Jim Nussle; and a lineup of Congressional lawmakers and regulators from the National Credit Union Administration (NCUA).

Scholes, Rockwell and Griese met with Oregon credit union peers to ensure the message was consistent for lawmakers before they climbed the steps of Capitol Hill. They met with Congressman Blumenauer’s (D-OR-3) Deputy Chief of Staff and Counsel, David Skillman. There were about 30 constituents in the meeting, representing nine credit unions from the Portland area. Later in the afternoon Oregon credit unions also met with Senator Ron Wyden and staff from Senator Merkley’s office to share the same message. Some of the information shared with legislators included:

  • Credit unions are not-for-profit cooperatives and are inherently accountable to their members, not to Wall Street stockholders.
  • Members own their cooperative credit unions. This means financial dividends, lower interest rates on loans and higher interest rates on savings are delivered to member-owners as direct benefits.
  • The Northwest Credit Union Association recently commissioned economists at ECONorthwest to perform their second independent analysis on credit unions’ impact in our Northwest economy. They found that Oregon credit unions delivered $159 million in direct financial benefit to their 2 million member-owners. That’s $81 per credit union member and $156 financial benefit per member household, delivered through lower fees and better rates as a result of that cooperative structure.
  • The importance of Common-Sense Regulatory Reform and how one-size-fits-all regulations don’t work for small credit unions.
  • The costs of merchant data breaches and how costs should ultimately be borne by the entity that occurs the breach.

They ended the day with a reception on the Hill with credit unions from Oregon, Washington and Idaho. It was a long, but productive day!

Rockwell summed up her experience at this year’s GAC, “Sharing our credit union stories with elected officials is a great honor. Being in D.C. allows you to feel like you are a part of something bigger than your credit union. You can feel the energy of all of us working together to make a difference. Twenty years ago, was my first GAC and I still have the same excitement and feeling of honor to be a part of the Credit Union Movement. We are doing great things to help improve our member’s financial lives and are staying true to the foundational credit union philosophy of ‘People Helping People’.”

Griese left feeling inspired, saying “My testimony of the credit union movement has grown tremendously and seeing so many hard-working folks gathered together in an effort to improve people’s lives was inspiring and something I will not soon forget!”

Scholes shared her thoughts, saying “Attending the 2017 CUNA Governmental Affairs Conference was an amazing experience! Being one of 5,000 credit union professionals converging on the Capital to meet with elected officials to tell our story and fight for credit union interests was moving. I returned to Portland with a renewed interest to advocate for the credit union movement. Credit unions are good for consumers, our member-owners. We need to work to protect our unique structure and improve awareness to our members and potential members of who and what we are that makes us different from other financial service providers. ‘People Helping People’ by looking out for the financial well-being of our members and communities – what’s not to love!”

Why I Show Up for Something Bigger

From My Seat : A Blog Series from USAgencies’ Employees

MarkNine years ago I started my career in the credit union industry. Before that first day on the job, I did my “homework” – I read about credit unions and what sets them apart from banks. In my research, I read one thing that stood out the most. It captivated me, and made me feel like I was going to be part of something bigger. I read three simple words. People helping people. How wonderful does that sound? I was going to work at a place that was founded on a vision of people helping people. Working for a credit union, I look forward to interacting with members each day. I enjoy getting to know each and every one I encounter – listening to stories about their family; hobbies they enjoy; or sometimes, lending a compassionate ear for a concern. I get to earn and build trust with our members. As credit union employees, we are given the tools to help educate our members — as well as ourselves. We get to share our own personal stories and experiences. Over the years I have the pleasure of meeting a lot of people. I enjoy being pro-active and finding a solution to an issue, and seeing a member walk away with a smile. I pride myself in creating a personal touch with each member interaction. I am passionate about the credit union movement, and what we are here to do. I live by those three simple, yet very important words. Each day at work: “people helping people.” I know that without the earned trust of our members, we would not be here. This is what it’s all about: Having passion in what we do; being knowledgeable in what we share; listening to each member need; and being compassionate in difficult situations. It’s all part of the bigger picture. I show up at work with great pride, because I am a part of this something bigger. Thank you for being a member of a credit union! I look forward to serving your family on their financial journey. Mark, Lending Services About Mark: When you’ve met Mark, you’ve met a real, passion-filled credit union advocate. And that’s the truth. With many years in credit unions, Mark works in Lending Services and is overflowing with all the goodness that embodies the heart of the credit union movement. To quote him directly “I enjoy getting to know each member and hearing about what they have going on, building that relationship with them. I provide sound advice and educate members on ways to help make banking easy.” What a guy! Away from the office, Mark spends gobs of time with his puppy, Odis and enjoys the never-ending variety of food found in Portland, and like many others here, he hits the snowboard slopes in the winter and the cycle paths in the warmer months.  

From My Seat is a series of posts written by USAgencies’ employees on a variety of topics. We hope this gives members insight into what we do, why we do it, and provide some financial education along the way. Stay tuned for additional posts in the series in the future.