NCUA Q1 2021 Report Highlights Northwest Credit Unions’ Strength in Several Categories
Credit unions in Idaho, Oregon, and Washington led the nation in key metrics, including membership, loan, and asset growth.
Credit unions in Idaho, Oregon, and Washington led the nation in key metrics, including membership, loan, and asset growth.
Northwest credit unions also shined in their return on average assets, data shows.
Idaho continues its positive median annual asset growth momentum, coming in second highest in the nation with 7%.
Many Northwest credit unions were members of the former corporate and will receive funds in July.
Hauptman is currently a key advisor to Sen. Tom Cotton and the Staff Director of the Senate Banking Committee’s subcommittee on Economic Policy.
NCUA Board votes unanimously to advance proposal allowing non-low-income-designated credit unions to access alternative capital through issuing of subordinated debt.
New priorities help prepare credit unions for upcoming regulatory examinations.
The Community Development Revolving Loan Fund allows low-income designated credit unions to better serve members.
Alaska sees highest annual share and deposit growth nationwide.
Idaho’s median asset growth highest nationwide; Oregon sees low median delinquency rate; Washington experiences high membership growth.
The three-year collaborative effort will advance Northwest credit unions’ use and understanding of SBA lending.
Qualifying credit unions are encouraged to apply early and contact their Association for assistance.
Credit unions are encouraged to take steps in May to simplify the application process.
NCUA moves forward with full, three-member board.
NCUA findings show strong membership and deposit growth.
Rodney Hood and Todd Harper appointed by Trump to fill board vacancies.
NCUA data shows high membership growth for the region.
NWCUA’s Regulatory Advocacy staff breaks down the key rulings and actions.