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WA Bill Would Limit Bank B&O Tax Exemption

Legislation is moving in Olympia to close down an important bank tax exemption, while a citizen initiative that would end all Washington State tax exemption is looking for signatures.

Credit Union Implements Board Term Limits to Increase Member Engagement

Through a methodical and deliberate process, management and the board came up with a process that addressed concerns and prepared the credit union for the future.

NCUA Provides Guidance on How to Write a Comment Letter

Good comment letters should state your position clearly, have strong research, explore the consequences of a rule, and suggest alternatives. Member credit unions can also turn to the Association staff for help.

Federal Legislative Week in Review

Credit unions have generated more than 85,000 grassroots contacts on interchange over the past three weeks, and CUNA has called a national teleconference for Wednesday, April 13.

Oregon Legislative Week in Review

The Association’s credit union modernization bill received its work session yesterday, where it received a unanimous due pass recommendation, following three amendments.

Washington Legislative Week in Review

The budget process continued largely along party lines, against a backdrop of growing public pressure to end business tax exemptions.

WA Leg. Proposes Sweep of DFI Funds, Budget Negotiations Continue in Salem

As elected officials scramble to close billion dollar deficits in Olympia and Salem, two very different approaches are being pursued. WA House Democrats proposed a further $7 million sweep from DFI, while OR officials hope to avoid similar action.

NWCUA Hosts Ecuador Credit Union Group

NWCUA hosted a delegation of credit union officials from Ecuador, taking them to four NW credit unions as part of the World Council’s International Partnership Program.

Oregon Legislative Week in Review

Last week’s Credit Union Day at the Capitol was considered a very successful event by all, while efforts to close the state’s budget gap continued.

Washington Legislative Week in Review

A bevy of bills were voted on this week, including the Prize-Linked Savings Accounts and Foreclosure bills.

Federal Legislative Week in Review

It was another busy week in Washington, D.C. We continue to see action and movement on two of our key issues at the federal level.

Avoid ATM Fee Disclosure Lawsuits with Proper Monitoring

An escalating number of class action lawsuits filed against credit unions for failing to comply with Regulation E requirements for disclosing ATM fees has triggered a significant risk concern for credit unions.

WINN to Help Credit Unions ‘Win’ on Regulation

Jaycee Winn has recently joined NWCUA as director of regulatory advocacy. Based in the Beaverton, Ore., office, Winn will help members keep abreast of federal and state regulatory initiatives and design and implement advocacy efforts on behalf of the Association and its members.

Washington State GAC Draws More Than 120

The Northwest Credit Union Association’s Washington Government Affairs Conference drew more than 120 participants from around the region last week to learn about new legislation and lobby the state legislature on credit union supported bills.

NWCUA Legislative Effort Gets National Spotlight

A story picked up around the nation this week focuses on the Northwest Credit Union Association’s Washington state effort to pass legislation encouraging non-savers to sock away a short term nest egg.

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.

Federal Legislative Update: Larsen to co-sponsor House Interchange Legislation

Congressman Rick Larsen (D-WA) agreed to co-sponsor H.R. 1081, the Consumers Payment System Protection Act, which would delay implementation of the proposed interchange rule for one year while the impact is studied.

Free CMG Seminar: Changing Environment, Emerging Risk

Find what your credit union can do in this changing environment to protect your board and implement good governance practices by Joining CUNA Mutual Group in Federal Way, Wash., or Lake Oswego, Ore.