Northwest CU Leaders Gather in Bend

Northwest credit union leadership is gathered in Bend for regulatory updates, strategic planning and the mid-year meeting of the NWCUA’s Board of Directors. Members of the Governmental Affairs Forum were given a heads up from a Supervisory Examiner for the NCUA that more restrictive regulatory burdens are coming for credit unions. By year’s end, Hilary Tormala said, annual examinations will be required of all credit unions with federal charters and of state-chartered credit unions with assets greater than $50 million. Look for a complete report from the leadership meeting and Volunteers’ training conference in next week’s Anthem newsletters.

 

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Posted in Advocacy News.