Fed Issues Clarifications to Reg Z Provisions that Apply to Open-end Credit Plans, Including Credit Cards

The Federal Reserve Board approved a rule amending Regulation Z (Truth in Lending) to clarify aspects of the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit Card Act).

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.

Congress Takes Step Back on Interchange Bill

Faced with significant pushback from credit unions and consumer advocates, Congress appears ready to re-evaluate regulations on interchange policies that would cost our members and all consumers higher fees on debit card transactions.

Washington Legislative Week in Review

Friday, March 25, was the 75th day of the state’s 105-day legislative session and the last day to consider bills from the opposite house of origin except for fiscal bills necessary to implement the budget. Bills that had not received a committee vote by the end of the day Friday are considered dead.

Credit Card Act Turns 1 Year Old Today

Since Phase I of the credit card act went into effect one year ago today, credit unions have had to modify their statements, work on fee structures, deal with change in terms notices, review interest rate increases, and adapt to a slew of other changes imposed by the regulation.

Compliance Question of the Week

How do we handle new hire Mortgage Loan Originators who started with our credit union during the initial registration period?

Oregon Legislative Week in Review

We are just one week away from Oregon’s Credit Union Day at the Capitol, and expect over 200 Credit Union Advocates to converge on the Capitol in Salem on March 29th bringing the credit union message to state legislators.

Compliance Question of the Week

When do I need to notify members about the change in next-day availability of funds that has increased because of Dodd-Frank?

Free NWCUA Video Fulfills Vulnerable Adult Training Requirement

Credit unions operating in Washington state are required to train their member facing employees to recognize vulnerable adult abuse. Throught the NWCUA, receiving this training is just one click away.