Attention Oregon Credit Unions: Funds are Available to Help Small Business Members Left Behind in CARES Act Support
Four credit unions have stepped up to help the state distribute $1.7 million in grants, and you can refer your small business owner members to them.
Credit Unions to Treasury: Streamline the PPP Forgiveness Process
In a joint letter to Treasury, NWCUA, CUNA, and other leagues recommend a simplified process for small borrowers.
Washington Credit Unions’ Pandemic Relief Efforts Make History
The Senate Financial Institutions Committee held its first-ever virtual hearing to learn more about services provided, particularly the Paycheck Protection Program loans.
NCUA Announces Change to Include Military Personnel When Calculating LICU Designations
Northwest credit unions’ advocacy efforts were critical in an important change that will benefit military families nationwide.
Oregon Governor Kate Brown Thanks Credit Union Workers in New Video
“You are living your people helping people mission,” Brown said.
Oregon Senator Wyden Introduces Legislation to Allow Credit Unions to Better Serve Main Street During COVID-19
Similar legislation is pending in the House to exempt credit unions from the member business lending cap for one year.
NCUA Chair Rodney Hood Appears Before Senate Banking Committee to Testify on Financial Relief
Hood tells committee more relief for credit union members is needed as COVID-19 response continues.
Oregon Congresswoman Suzanne Bonamici Leads Effort to Raise MBL Cap to Support Small Businesses
The legislation would exempt loans to small businesses that are tied to fallout from the COVID-19 crisis from the MBL cap for the next three years.
Full Court Press on Advocacy for Credit Unions Coping with COVID-19
As Congress prepares the fourth round of stimulus relief, NWCUA is working closely with key committee members and all Northwest representatives to represent credit unions’ interests.
NWCUA Reinforces the Message that Credit Unions are Safe, Secure, and Ready to Help
Credit unions can access and share a variety of resources to assure members they are here for them during this difficult time.
NWCUA, Banking Associations, and Regulators Collaborate to Reassure Consumers
Through a joint news release, the banking system messaged that financial institutions are safe, sound, reliable, and here for you.
Credit Union-Supported Bills Pass Idaho Legislature
The work of advocacy pays off as the Credit Union Act updates are signed into law, along with a lienholder notification bill.
NCUA Opens Grant Cycle for Low-Income Designated Credit Unions
The funding can help credit unions continue to support members impacted by COVID-19.
Oregon Legislature Finishes 2020 Session with Walkout Stalling Legislation
The impasse notwithstanding, credit unions seized the opportunity to shine the spotlight on their services and impact.