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LOS ANGELES—Former NBA star Magic Johnson, who has become a hugely successful businessman, offered credit unions some advice on building their own businesses—and he did it in their own language, talking of ROI, branding and SWOT analysis.

LOS ANGELES—The California and Nevada Credit Union Leagues are joining with the Filene Research Institute to create the “REACH Innovation Group,” which will seek to “foster the development of new ideas and innovations for credit unions.” Sixteen CU leaders are being sought to participate, with a deadline for applications of Dec. 31.

LOS ANGELES—Legislation strongly backed by credit unions isn’t nearly as close to passing Congress as many would like to believe, according to one member of the U.S. House.

In sobering remarks offered by Rep. Brad Sherman (D-CA) at a California and Nevada league session here, credit unions were told that even with new elections looming, bills strongly endorsed by credit unions and their associations are languishing.

PAHOA, Hawaii--CU Hawaii FCU has extended the hours at its branch here to accommodate members whose travel is being interrupted by lava flowing toward this village.

ALEXANDRIA, Va.—NCUA is reporting that all 44 credit unions subject to civil money penalties for the late filing of their second-quarter Call Reports have consented to those penalties.

GREENSBORO, N.C. – More than 1,200 members of State Employees’ Credit Union came here for SECU’s Annual Membership Meeting at the Koury Convention Center. 

OSHKOSH, Wis.—Chatter Yak!, a CUSO specializing in marketing, social media, website development and branding, has released a new product offering known as Social Media Chats.

WASHINGTON—Both credit union trade associations have made a list of top association lobbyists in Washington as published by The Hill, which covers politics.

Listed were NAFCU’s Dan Berger, CEO, and Brad Thaler, VP of Legislative Affairs (the 12^th and seventh year in a row for each, respectively), as well as new CUNA CEO Jim Nussle.

The Hill described Nussle as a “former House Budget Committee chairman and Office of Management and Budget director” taking the reins at CUNA “where he’ll continue to fight against banks to save credit unions’ tax exemption.”

ALEXANDRIA, Va.—Despite CU private student loan delinquencies falling well below the overall private student loan market default rate, NCUA said it remains concerned over credit unions and student loan debt.

ARLINGTON, Va.—NAFCU is pushing for credit unions to get more time to analyze a Department of Defense proposed rule to widen the types of loans covered by the Military Lending Act, impacting CUs that lend to military service members and their families.