Credit Unions Grapple with Check Scams; Fight to Identify and Stop Them

Katie Clark, your Association’s Director of Regulatory Affairs and Risk Management, dives into what credit unions can do to detect these scams.

Washington State Paid Family and Medical Leave Reporting Timeline Changed

Employer reports and payments for Q1 and Q2 due in July.

New Oregon Driver License and ID Cards not yet Real ID-Act Compliant

Changes to cards will enhance security; distribution begins this month.

As Tax Season Approaches, Credit Unions Should Remain on Alert for Tax Refund Fraud

Watch for several red flags, including multiple direct deposit tax refund payments.

New Legislation in Effect for Oregon’s Equal Pay Act

Employers cannot discriminate on the basis of an employee’s status.

Northwest Credit Unions Provide Feedback; NWCUA Issues Comment Letter on Proposed Changes to Funds Availability Act

Credit unions unanimously express concern over proposed reduction of hold timeframes.

Guidelines Help Credit Unions Identify Indicators of Human Smuggling and Trafficking

FinCEN shares the red flags, common terms, and activities that may indicate crime-related financial activity.

NCUA Approves Proposed Rule Amending the Supervisory Committee Audit Regulation

The proposal outlines minimum procedures that reflect common industry practices for testing accounts and controls over financial institution financial statements.

Should Credit Unions add a Minimum Housing Expense When Applicants List Zero Housing Expenses?

Experts agree a blanket policy of adding an amount should be avoided, but that credit unions should also ask questions.

ADA Website Lawsuits – a Tale of Two Different Court Opinions

Differences in opinions will continue until Department of Justice provides clear website expectations.

NWCUA’s Katie Clark Shares Insights on the Latest Fraud Schemes Hitting Northwest Credit Unions

New Risk Management Council provides credit union professionals with information, discussion, and best practices to reduce areas of risk.

Did You Miss the Changes to the SCRA?

Amendment includes proof of period of military service for purposes of interest rate reduction under the SCRA.

Oregon DCBS Approves Rulemaking on Minimum Number of Credit Union Board Meetings

Six regular meetings in a calendar year, with at least one per quarter, are required.

NCUA and WA DCU Issue 2019 Examination Priorities

Examiners will continue using streamlined small credit union exam program procedures for those under $50 million in assets.