In a Letter to Federal Credit Unions, the National Credit Union Administration said an FCU’s board can, with some limitations, delegate to its CEO the authority to hire, fire, and compensate subordinate employees, including other management personnel.
According to the NCUA, some Volunteer costs associated with service can be reimbursed, however there are limitations, particularly in Washington State.
A free webinar set for Tuesday, Feb. 15, and presented by Invest in America, will teach you how to take advantage of the program that increases the value of membership and stimulates the economy. The hour-and-a-half webinar begins at 1:30 p.m.
The creation of a new charter for a Vashon Island credit union may have gone as far as it will go after organizers recommend utilizing an existing credit union instead.
The Washington Office of the Superintendent of Public Instruction (OSPI), the primary agency charged with overseeing K-12 public education, is reaching out to credit unions as it recruits 180 people to form six grade-level committees to help set Washingtonâ€™s public education performance standards.