Northwest Credit Unions Must Have a Solid Disaster Preparedness Plan

Federally insured credit unions are required to have plans in place to address all types of operational disruptions.

FFIEC Releases Second Update of the Examination Modernization Project

The project is a follow-up to the review of regulations under the Economic Growth and Regulatory Paperwork Reduction Act.

Washington Department of Labor & Industries Issues Revised Version of Overtime Employment Rules

Under the proposal, salary threshold could increase between 2 and 2.5 times the minimum wage starting in 2020.

Washington State Department of Labor & Industries to Hold Session on Revised OT Employment Rules

Feedback meetings to be held throughout the state Nov. 27, 28, and 29.

Oregon Driver License and ID Cards Design to Change Soon

Credit unions will begin seeing new card design in December.

Oregon DFR Proposes Rulemaking Setting the Minimum Number of Credit Union Board Meetings

Defines the inexact term “regular” as it applies to the number of board meeting under the act.

Regulators Release Fall Update to Rulemaking Agendas

BCFP focusing on a number of HMDA changes and adjusting the timeline for implementing Dodd-Frank Section 1071.

BCFP Annual Reg Z Threshold Adjustments are Effective Jan. 1

Annual BCFP reviews include Credit Card Act, Dodd-Frank, and Home Ownership and Equity Protection Act.

A Look at the Future of Automobile Financing

Experts predict a drastic drop in vehicles on U.S. roads within the next 10 years.

Financial Crimes Enforcement Network Issues Two Notices

Notices have implications for credit union Bank Secrecy Act programs.

NWCUA Provides Credit Union Members with Extensive Compliance Resources at Their Fingertips

Contact your Association’s compliance expert staff when your credit union has a question or needs assistance.

BCFP Provides Updated FCRA Disclosures to Reflect S. 2155 Changes

S. 2155 requires nationwide consumer reporting agencies to provide security freezes free of charge to consumers.

Regulators Issue Interagency Statement Clarifying the Role of Supervisory Guidance

Unlike a law or regulation, supervisory guidance does not have the force and effect of law.

Identity Thieves are Opening More Fraudulent Accounts Online

NWCUA experts advise credit unions to be on the lookout, check for inconsistencies in information provided by fraudsters.