NWCUA Federal Legislative Week in ReviewCopy

The latest news about NWCUA efforts in Washington D.C.

National News: CUNA Backs SEC’s Swap Clearing Exemption

The Securities and Exchange Commission’s (SEC) proposal to exempt credit unions with under $10 billion in assets from mandatory securities-based swaps clearing requirements has the backing of the Credit Union National Association (CUNA), but CUNA would like it to go even further.

Oregon Legislative Week in Review

We are just one week away from Oregon’s Credit Union Day at the Capitol, and expect over 200 Credit Union Advocates to converge on the Capitol in Salem on March 29th bringing the credit union message to state legislators.

NWCUA Federal Legislative Week in Review

The latest news about NWCUA efforts in Washington D.C.

Autoland to Make Donations for Japanese Earthquake Relief

Autoland, Inc., announced a program to assist those impacted by the earthquake and tsunami that struck Japan earlier this month by donating a portion of the proceeds of each vehicle purchased through Autoland by April 30 to the American Red Cross to aid relief efforts.

NWCUA Federal Legislative Week in Review

Two-hundred Northwest credit union participants joined more than 4,000 other credit union leaders in Washington, D.C., last week for another successful Governmental Affairs Conference.

Washington Legislative Week in Review

The latest news about NWCUA efforts int eh Washington State Legislature

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.

Washington Legislative Week in Review

Governor Gregoire signed the ‘early action’ supplemental budget bill into law, cutting $367 million of the $556 million deficit.

NWCUA’s 2011 Volunteers Conference Dates Set

The 2011 Northwest Credit Union Association Volunteers Conference will be held June 23-25, at The Riverhouse Hotel & Convention Center, Bend, Ore. Mark your calendar and plan to send your volunteers.

National Industry News: Ex-NCUA Chairman Johnson takes on Iowa CU oversight

The Iowa Division of Credit Unions will soon be led by former National Credit Union Administration Chairman Joann Johnson. Johnson served the NCUA for a total of six years starting in 2002, and led the agency for her final four years.

Large Data Breach May Affect Northwest Credit Unions

In an open letter posted on its website, RSA, the security division of EMC, said it experienced an “extremely sophisticated” attack in which information related to the company’s SecurID two-factor authentication products were stolen.

NWCUA Meets with State and Federal Examiners

The Northwest Credit Union Association hosted a meeting for all Oregon-based State and Federal credit union examiners. With regulatory advocacy being one of the association’s top strategic objectives, it was an invaluable opportunity for dialog.

NWCUA Call to Action-Urge Your Senator to Cosponsor the Small Business Lending Enhancement Act

We are excited to announce the introduction of the Small Business Lending Enhancement Act in the Senate. Please take a few minutes and send an email to your Senators encouraging them to support this legislation.