DCBS Finalizes Rules on Community Charter Field of Membership

At the end of 2010, the department issued the final rule on SB 438, which was passed in 2009, clarifying regulations around field of membership.

Legal Briefs

Your update on the regulatory landscape.

Does Your Financial Literacy Program Get an A+?

Overlooking the importance of consumer education could be a mistake for credit unions—and their bottom lines, say Harland Clarke.

OCUF, WCUF Support CUs Affected by Southern Tornadoes through CUAid

The Oregon and Washington Foundations gave $7,500 to support relief efforts, and are calling on credit unions to make contributions as well.

Federal Legislative Update of the Week

It is not too late to contact the Congressional delegation about interchange, or add something to your website encouraging your members to email their legislators. Please continue to push the Call to Action!

Washington Legislative Week in Review

The Legislature is working in a special session to close the budget gap, and Governor Gregoire has yet to sign the Prize-Linked Savings bill.

Oregon Legislative Week in Review

NWCUA’s charter update bill is getting a hearing in the House today, while the Oregon Bankers’ bill to tax credit unions is technically still alive despite not leaving its committee before the deadline.

CUNA Regulatory Advocacy Update

CUNA continues to press the Fed on interchange, and has concerns about the NCUA’s budget and its consistency in examinations.

HR & Training Professionals Meet to Change the Conversation

This meeting was the second of four HR & Training Councils of 2011, designed to facilitate resource sharing among credit union professionals across the region.

Fed Invites Comment on Two Bankruptcy-Related Studies That It Will Conduct

The Fed is seeking public comment on how to address the specific issues that it is required to study, as well as any research or empirical data that it should take into account.

Compliance Question of the Week

Should representative payees be allowed to negotiate checks made out to the beneficiary of the accounts they oversee?

New ATM Accessibility Standards Set

The Department of Justice instituted new regulations on the accessibility of the input and output controls at the ATM, outlines Member Access Pacific.

Sony Latest to be Hit by Data Breach

With up to 70 million customers’ data compromised, criminals could use the data—possibly including credit card information—to access email and online bank account.