Be Successful in the Year Ahead: What You Need to Know from Your Regulator

As the regulatory burden is shared by the entire credit union movement, it is more easily carried by the entire movement as well.

With that in mind, the Northwest Credit Union Association (NWCUA) Washington Governmental Affairs Committee is hosting a regulatory panel discussion on the morning of Jan. 24 to bring the state’s credit union leaders together with regulators and examiners for a frank conversation about the current state and the future of the regulatory environment.

Joining the panel discussion will be:

  • Scott Jarvis – Director of Washington’s Department of Financial Institutions (DFI)
  • Linda Jekel – Credit Union Director for the State of Washington
  • Mike Dyer – NCUA Region V Supervisory Examiner

Panelists will provide an overview of the state of financial institutions in Washington and things to expect from the NCUA and DFI during the upcoming year. Topics may include an update on NCUA exam consistency, DFI’s legislative support for NWCUA initiatives, new NCUA rules and regulations, and what to expect from your regulator during examinations on the CFPB’s new mortgage lending directives.

After the overview panelists will take questions from the audience. NCUA State Supervisory examiners Leslie Thompson and Jason Winship and Washington Credit Union Program Manager Doug Lacey Roberts will also be available to answer questions.

All credit union employees interested in the rapidly changing regulatory environment are encouraged to attend the free event, which will be held from 10-11 a.m. at the NWCUA Training Center in Federal Way, Wash. Please RSVP to NWCUA Governmental Affairs and Administrative Coordinator Christine Duncan at 206.340.4813.

For anyone unable to attend or with specific questions related to the seven final mortgage lending rules the CFPB will have issued by the end of the month, an hour-long question-and-answer meeting with Edwin Chow, regional director of the CFPB, is scheduled for Feb. 4, 2013, near the Portland Airport.

 

The NWCUA Regulatory Advocacy team works with state and federal regulators to help reduce the regulatory burden on credit unions and protect the credit union movement. The Association encourages members to participate in the regulatory process. If you have any questions on these or any regulatory issues, please contact Director of Regulatory Advocacy John Trull at jtrull@nwcua.org, or at 503.350.2209.

Posted in Events, NCUA, NWCUA.