Compliance Center: CFPB’s Navy Federal Credit Union Consent Order

Insight into the CFPB order for improper debt collection, along with your Compliance question answered, and legal briefs from the federal landscape.

Got Smartphone? Get Cash, Thanks to Diebold, Paydiant Partnership

The future is here. Consumers can now use their smartphones, instead of debit or credit cards, to withdraw cash from ATMs. In this week’s Strategic Link Business Partner article, Diebold, Incorporated brings an important technology announcement to the year 2013.

Programmer 2

Solarity Credit Union – Yakima, WA

Programmer Analyst

SELCO Community Credit Union – Eugene, OR

What Are Red Flags for Money Laundering in Currency Exchanges and Other Currency Transactions?

Certain transactions may be red flags for money laundering. Our Compliance Question of the Week shares some examples.

Part-time Teller

Advantis Credit Union – Portland, OR

Member Communications Evangelist – Job #3350

Northwest Credit Union Association

Northwest Credit Unions Urged to Have Members Sign Petitions July 15-26

Northwest credit unions are urged to join their colleagues in the Spokane credit union community with in-branch petitions July 15-26. The message: why credit unions are good for consumers. The timing is critical as Congress examines tax reform.

Loan Officer (Credit Union)

Pacific NW Federal Credit Union

Best Practices Roundtable in Eugene July 10; Financial Education without Reinventing the Wheel

OSU Federal’s Anissa Arthenayake taught financial education to nearly 14,000 people last year. How did she do it? Credit union educators will have the chance to find out at the Best Practices Roundtable in Eugene July 10. Resources and outreach models will be shared.

Legal Briefs

Your weekly update on the regulatory landscape.

FHFA Limiting Fannie Mae and Freddie Mac Loan Purchases to “Qualified Mortgages”

Fannie Mae and Freddie Mac will limit future mortgage acquisitions to loans that meet the requirements for a qualified mortgage. This new development takes effect in January.

Filene Study to Quantify Impact of Regulatory Burden; Northwest Response Wanted

The Filene Research Institute is gathering information about the impact of the regulatory burden on credit unions. The survey will help to identify the most burdensome regulations and the time credit unions spend in compliance.

Deadline Nears for Herb Wegner Award Nominations

Nominations are due June 28 for the Herb Wegner Memorial Awards—the credit union movement’s highest national honors. Categories include Individual Achievement, Outstanding Organization/Program and Lifetime Achievement.