Compliance Question of the Week

How do we handle new hire Mortgage Loan Originators who started with our credit union during the initial registration period?

Barrick Calls First Fed Meeting Productive

Advantis Credit Union President & CEO Ron Barrick recently attended his first meeting as the only credit union representative on a special advisory panel of the Federal Reserve. The meeting was held at the Federal Reserve offices in San Francisco and had a clear focus on the regional economy and job creation.

NWCUA President Delivers Joint League Letter to NCUA Chairman

Northwest Credit Union Association President Troy Stang Stang this week delivered a joint league letter to NCUA Chairman Debbie Matz expressing serious concerns about recent directives concerning the role, duties and protections of volunteer board members and calling for immediate reconsideration.

Compliance Question of the Week

When does the Dodd-Frank Act provision that changes the amount of next-day available funds to $200 go into effect?

OSU Federal CU Earns Top National Marketing Award

OSU Federal Credit Union has been awarded the highest national honor for its marketing and business development efforts by the Credit Union National Association, receiving the Diamond Award for its membership packets, brochures and booklets.

North Coast CU Gets National Exposure for “Pennies from Heaven” Deposit

If you read, saw or listened to one of more than 100 media outlets last week, you likely also saw or heard about a Washington credit union that is helping a Mt. Vernon man attempt raising $1 million in pennies for the “Mountain of Hope” fund for needy families.

Advertising Rule Could Have Compliance Consequences

The National Credit Union Administration has proposed changes to advertising requirements that could force some credit unions to reduce or eliminate some of their current marketing practices.

Federal Legislative Week in Review

Senator Mark Udall (D-CO) has introduced the Small Business Lending Enhancement Act, which would raise the credit union member business lending cap to 27.5% of assets. This could provide up to $13 billion to small businesses in the first year alone and create over 140,000 new jobs at no cost to taxpayers.

Charshaf Joins NWCUA as Communications Designer

Nicole Charshaf has joined the Northwest Credit Union Association as communications designer, a position that will keep her busy creating electronic and print communications.

Free NWCUA Video Fulfills Vulnerable Adult Training Requirement

Credit unions operating in Washington state are required to train their member facing employees to recognize vulnerable adult abuse. Throught the NWCUA, receiving this training is just one click away.

CUNA’s Youth Saving Challenge grows to 139 CUs

The 2011 National Youth Saving Challenge sponsored by the Credit Union National Association is gaining steady momentum. The number of participating credit unions is now 100 and rising quickly.

Three-State Western CU League Merger Approved

Credit unions in Colorado, Arizona and Wyoming have cast an affirmative vote to merge their respective state associations into a new Mountain West Credit Union Association, with headquarters in Denver and offices and staff maintained in both Phoenix and Casper, Wyo.

Free Webinar Help CUs Take Advantage of Invest in America Program

A free webinar set for Tuesday, Feb. 15, and presented by Invest in America, will teach you how to take advantage of the program that increases the value of membership and stimulates the economy. The hour-and-a-half webinar begins at 1:30 p.m.