Your update on the regulatory landscape.
Category: Advocacy News
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Governor Chris Gregoire will sign the prize-linked savings bill, successfully bringing to an end months of work by the Association’s legislative affairs staff.
The ad, which airs on broadcast and cable stations in the Washington, DC area, talks about the domino effect on consumers from the â€œ$12 billion paydayâ€ that law makers gave retailers under the Durbin Amendment.
Staff and credit union executives testified in support of the Credit Union Modernization bill for 45 minutes. The next step is a committee vote before the bill goes to the floor.
Overlooking the importance of consumer education could be a mistake for credit unionsâ€”and their bottom lines, say Harland Clarke.
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!
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.
NWCUAâ€™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.
Though a significant portion of the new healthcare lawâ€™s rules have yet to be defined, NW Financial Employeesâ€™ Benefit Trust lays out some of the major changes.
With Congress in recess, take the opportunity to see your legislators in person and remind them of the need to stop, study, and start over with interchange regulations.
The legislature adjourned its session on Friday, but not before it passed the Prize-linked Savings Bill to the Governor for her signature.
With the committee deadline cutoff passed and the Associationâ€™s bills moving forward, it is time for a quick civics lesson on how ideas become law in Salem.
When are member funds presumed abandoned?
Autoland Solutionâ€™s president outlines various trends in the automobile market, including higher prices for Japanese cars following the tragic earthquake and tsunami.
The proposed rules from the Fed and the FTC will come into effective on July 21, 2011, as part of the credit score disclosure requirements in the Dodd-Frank Act.
It is all interchange, interchange, interchange as state and national associations push Congress to stop the Durbin Amendment from being implemented as is. Member credit unions are being asked to use social media and mobilize their membership in the effort.
This week is the halfway point of the 2011 session and bills must be moved before certain deadlines or else they are dead for this session. The Associationâ€™s Credit Union Modernization bill, Senate Bill 177, met its deadline and is moving forward.
The prize-linked savings bill is going to the Governor, while many tax exemption proposals are being proposed in an effort to close the budget deficit.