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A Quick Look at Q1 2013: Looking Good for Northwest Credit Unions

Northwest credit unions are trending well according to an analysis of data by the NWCUA. Asset growth, ROA and net worth are increasing while charge-offs and delinquency ratios continue to decline.
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Tagged: NWCUA | Posted On: 05/23/2013

Oregon Legislative Update

A bill to improve the Oregon Credit Union Act has cleared another hurdle in the Oregon Senate. In this week’s Oregon Legislative Update, NWCUA Legislative Advocate Pam Leavitt shares details of the legislation.
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Tagged: Legislative , Oregon | Posted On: 05/23/2013

Thousands Dial in for CUNA’s “Don’t Tax My Credit Union” Call to Action

Thousands of American credit union advocates rallied around a “Don’t Tax My Credit Union” call to action Wednesday, dialing in or logging onto a webinar hosted by the Credit Union National Association. CUNA called on credit unions to engage millions of members to contact Congress immediately.
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Tagged: Legislative , CU System | Posted On: 05/23/2013

Calling Credit Union Volunteers to NWCUF Day at JA Finance Park June 3

The new high-tech, hands-on JA Finance Park rolls into the Portland area June 3, with an opportunity for credit union volunteers to help students navigate personal finance. The facility includes a credit union, funded with a grant from the Northwest Credit Union Foundation.
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Tagged: Foundations | Posted On: 05/23/2013

The CFPB Issues Clarification on 2013 HPML Escrow Rule

The CFPB has amended the 2013 Escrows for Higher Priced Mortgages Rule. Our compliance team breaks down the changes to the final rule as it impacts county designations and consumer protections.
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Tagged: Compliance , Regulation | Posted On: 05/23/2013

Legal Briefs

A host of rules, reports and testimony updates are available in your weekly update on the regulatory landscape.
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Tagged: Compliance , Regulation | Posted On: 05/23/2013

It’s Spring: Do You Know Where Your Flood Zones Are?

As most of the Northwest is experiencing a soggy May, it’s a good reminder for credit union lenders to shore up their flood zone data. This is critical information for mortgage approvals. In today’s Strategic Link business partner article, CUNA Mutual’s Kriss Besch shares some important insight.
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Tagged: Business Solutions | Posted On: 05/23/2013

Northwest Delegation Hikes the Hill to Advocate for Credit Unions this Week

The NWCUA and a delegation of Northwest credit union advocates meet in Washington D.C. this week with key stakeholders in the Congressional tax reform discussion.
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Tagged: Legislative , Event | Posted On: 05/21/2013

Details of CUNA/NWCUA “Don’t Tax My Credit Union” Campaign Focus of Webinar Tomorrow

A national webinar on the credit union tax status Wednesday will include a legislative briefing, and an introduction to tools to help credit unions join the fight to preserve the credit union tax exemption.
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Tagged: Legislative , Oregon , Washington , CU System | Posted On: 05/21/2013

Oregon State Chartered Credit Unions Weigh in With DCBS on Occupancy Rule

The Oregon DCBS is taking steps to permanently adopt a rule allowing state chartered credit unions up to six years to partially utilize unimproved property held for future expansion. A group of state chartered credit union representatives recently served as an advisory group.
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Tagged: Legislative , Regulation | Posted On: 05/21/2013