“So how’s your biz? Mine has a LOT of paperwork,” read a memo from one fifth-grade CEO to another during Tuesday’s JA BizTown event in Auburn, Wash. Representatives of Woodstone, Harborstone and the NWCUA were on hand as volunteers.
Credit union activists from Oregon and Washington have logged more than 1800 contacts through CUNA’s advocacy site in support of raising the MBL cap. With a Senate vote not expected until next week, there is still time to deepen the impact.
Credit union employees are often the first line of defense protecting elders from financial abuse. New Oregon legislation protects senior citizens while improving law enforcement’s ability to investigate and prosecute such cases.
Financial Beginnings, a Portland-based financial literacy organization, expects to serve 16,000 students in the next year. Tickets are available for the organization’s “Game of Life” fundraiser, scheduled for April 26.
Oregon DCBS will host forums in April in Eugene, Portland, and Salem as part of Money Smart Week, giving consumers information and resources on insurance, Medicare, reverse mortgages, the prevention of consumer and Medicare fraud, and identity theft.
With the U.S. Senate primed to vote on credit union MBL legislation as soon as April 16, the NWCUA is developing an “all-in” strategy that depends on immediate participation from each Northwest credit union.
The ICUL Service Corporation, a Strategic Link business partner, offers several programs to help credit unions compete with gift card and reloadable “stored value” debit cards, including a new series geared toward soon-to-be graduates.
The weekly Regulatory Advocacy Update outlines the NWCUA’s efforts to reduce the regulatory burden on credit unions and protect the larger movement. Included here are updates on the CFPB and an upcoming meeting about Oregon public funds legislation.
U.S. Senate majority leader Harry Reid to Congress: “Democrats and Republicans are going to have to make a decision on where they stand for American credit unions.”
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