Metroâ€™s Chief Operating Officer Mike Jordan has been selected by Gov. Kitzhaber to hold the title of COO for state government and also act as the director of the Department of Administrative Services.
Credit unions are calling on Congress to stop, study and start over on planned interchange fee regulations, and legislation that would do just that could be introduced later this week.
The former director of the U.S. Office of Management and Budget under President Barack Obama and current vice-chairman of global banking at Citigroup this week enthusiastically endorsed prize-linked savings as a way to increase savings among low-to-middle-income Americans.
In March the NCUA Board issued a proposed amendment to Part 741 that would require certain federally insured credit unions to have a written policy to address interest rate risk management, as well as an effective IRR program for successful asset liability management.
Late last week the Treasury released its interim final rule that will make radical changes to your credit unionâ€™s garnishment proceedings. This rule applies unless the garnishor is the Federal government or a State child protection agency.
Mark your calendar! It is time for Oregon credit unions to register for the 2011 Credit Union Day at the Capitol on Tuesday, March 29.
Faced with significant pushback from credit unions and consumer advocates, Congress appears ready to re-evaluate regulations on interchange policies that would cost our members and all consumers higher fees on debit card transactions.
In 1988 Kasey Rockwell began her credit union journey as a teller at First Tech Federal Credit Union in Beaverton, Ore., an experience that gave her a solid understanding of the important role credit unions play in the lives of everyday people.
With credit unions and banks aligned in their efforts to convince regulators and lawmakers to delay implementation of restrictions
on debit card interchange fees, the Federal Reserve Board has stated that any attempt to amend or delay the controversial rule is out of its hands and must start with Congress.
House Bill 1327—public funds for credit unions—has been referred to the Senate Financial Institutions, Housing & Insurance Committee.
The Oregon Legislature returned to work on Tuesday, Feb. 1, and Gov. Kitzhaber released his budget to mixed reviews. The Northwest Credit Union Association has been analyzing hundreds of bills to determine the impact on the stateâ€™s credit unions.
Within one week of the conclusion of the GAC, Sen. Mark Udall (D-Colo.) introduced legislation (the
Small Business Lending Enhancement Act, S509) increasing the authority of credit unions to make business
loans to their members. By the end of that week, 15 senators from both sides of the political aisle, had signed on as cosponsors.
See Brandon Johnston sing his song at the Annual Business Meeting and download the song for free!