IRS Issues Interim Guidance on Informational Reporting of Employer-Sponsored Health Coverage

The IRS emphasizes that this new reporting to employees is for their information only, and does not cause excludable employer-provided health coverage to become taxable.

Compliance Question of the Week

What is the ADA definition of a service animal?

Member & Chapter News – April 7,2011

Read about members making the news, including a new CEO appointment and a Volunteer of the Year Award. Also, information about two upcoming chapter meetings.

Stay Lifted from Loan Originator Compensation Rules

A U.S. Court of Appeals lifted a stay on the implementation of the Federal Reserve’s Regulation Z Loan Originator Compensation final rule, meaning the new rule will come into effect today.

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.

NWCUA Offering Required FCU Director Training

the Northwest Credit Union Association (NWCUA) is offering the required training to help your board of directors to obtain a minimum ability to read a credit union income statement and balance sheet.

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.

Invest in America Adds MEMBERS ® Insurance to Lineup

Beginning this month, CUNA Mutual Group’s MEMBERS® Auto & Homeowners Insurance program will be available to credit union members through Invest in America. Members will now be able to research and purchase auto and homeowners insurance products from their primary carrier, Liberty Mutual. Learn more about the program.

NWCUA Federal Legislative Week in ReviewCopy

The latest news about NWCUA efforts in Washington D.C.

Interchange Legislation Could be Introduced This Week

Credit unions are calling on Congress to stop, study and start over on planned interchange fee regulations, and legislation that would do just that could be introduced later this week.

Oregon Legislative Week in Review

Today more than 200 Credit Union Advocates from across the state will be descending on the Oregon State Capitol to bring the message of the credit union difference to Oregon legislators.

2011 HMDA Requirements Outlined by NCUA

The National Credit Union Administration in its Regulatory Alert No. 11-RA-02 is reminding credit unions that engage in residential mortgage lending of their 2011 reporting obligations under the Home Mortgage Disclosure Act.

NWCUA Federal Legislative Week in Review

Two-hundred Northwest credit union participants joined more than 4,000 other credit union leaders in Washington, D.C., last week for another successful Governmental Affairs Conference.