Picture of NCUA meeting

NCUA Board Projects Budget Savings, Proposes Closing Stabilization Fund and Providing a Distribution in 2018

In its July Board meeting, NCUA proposed a distribution of $600-800 million, estimated $5.8 million in savings during its budget review, and announced plans to consolidate regional offices.

CUNA Advocacy Update – Week of July 24, 2017

Last week, Tim Mislansky testified before the Senate Banking Committee on behalf of America’s credit unions… CUNA submitted comments on the DoL’s Fiduciary Rule… House Republicans introduced a resolution to stop the CFPB’s arbitration rule… CUNA supported S. 1579 to codify the Credit Union Advisory Council… CUNA attended the NCUA’s July Board meeting… We’ll discuss all of this and more in this week’s CUNA Advocacy Update!

picture of national credit union administration office

NCUA Board to Review Several Issues With Major Implications for Credit Unions at July 20 Meeting

The Board will review the budget, issue a request for comments on closing the Temporary Corporate Stabilization Fund, and propose a rule regarding Share Insurance Fund equity distributions.

CUNA Advocacy Update – Week of July 5, 2017

Due to the holiday, both the House and Senate are out on recess this week, but will be back in the swing of things next week. The Senate did not act on the Republican’s health care bill, but is expected to do so in the coming weeks. Last week, CUNA’s witness testified before a House Financial Services Subcommittee… CUNA continues efforts to fund CDFI & CDRLF… CUNA participated at the SBA Office of Advocacy’s Roundtable… CUNA and WOCCU Sent a letter to the Appropriations Committee… We’ll discuss all of this and more in this week’s Advocacy Update!

Picture of NCUA Q1 Economic report

NCUA Q1 Economic Report: Oregon Success Overview

In NCUA’s recently released economic report, Oregon leads the way in several key categories. Read on for executives’ insight on their credit unions’ growth.

Picture of Minimum Wage Rising arrow

Second Increase in Oregon Minimum Wage Goes Into Effect July 1

Understand how the rate increase applies to your specific location.

CUNA Advocacy Update – Week of June 26, 2017

The House and Senate are in session this week but will be out next week for the 4th of July holiday… Last week, CUNA sent joint trade letters to both the DoD and the Appropriations Committees… CUNA sent letters urging support for CDFI Funding… CUNA attended NCUA’s June board meeting… On Wednesday, Faith Anderson, will testify before House Financial Services Subcommittee on behalf of CUNA….and CUNA is at the SBA Office of Advocacy today to discuss CFPB rules… We’ll discuss all of this and more in this week’s Advocacy Update.

Picture of group around sign with support text

Community Development Grant Opportunities for Low-Income Designated Credit Unions Open July 1

Here’s what your credit union can achieve with the funding, what to expect when you apply, and how your Association can help you through the application process.

Picture of Hand with stethoscope and money

Northwest Credit Unions Excel in NCUA Q1 Economic Report

Idaho, Oregon, and Washington credit unions demonstrated outstanding performance across the board in quarterly review of financial health.

Compliance banner

NCUA Releases New 5300 Call Report Form

Here are a few examples to clarify the new distinction between commercial loans and member business loans.

CUNA Advocacy Update – Week of June 19, 2017

The House and Senate will be in session for the next two weeks, prior to their 4th of July Recess… Last week, CUNA Examined the Treasury’s Report on “A Financial System that Creates Economic Opportunities”… CUNA Thanks Senators for HMDA Legislation… House Judiciary held a hearing on TCPA Lawsuit Abuse… CUNA urges support for CDRLF … We’ll discuss all of this and more in this week’s… CUNA Advocacy Update!

Picture of Judge Gavel Stack of Coins

Interagency Advisory Addresses Appraisals; FinCEN Updates CTR

Advisory focuses on two options to confront appraiser shortages; FinCEN makes changes to Currency Transaction Report.

CUNA Advocacy Update – Week of May 30, 2017

The House looks to consider the Financial CHOICE Act when Congress returns from recess next week… NCUA tells CFPB to exempt credit unions from certain rules…CUNA comments on HMDA and sends a joint trade letter to the CFPB… CUNA attends the PHH v. CFPB Oral Arguments, the NCUA’s May Board Meeting and Treasury’s Financial Literary Education Commission meeting… The President’s FY2018 budget has been released… We’ll discuss all of this and more in this week’s… CUNA Advocacy Update!

Picture of a gavel striking a surface.

NCUA Board Approves Proposed Rules on Mergers, Appeals

Here’s what you need to know about the three proposed rules recently released for comment.

CUNA Advocacy Update – Week of May 15, 2017

The House is back in town but the CHOICE Act isn’t on the calendar… several Leagues have been successful in advancing credit union priorities in state capitols… CUNA and supporters in Congress urge NCUA to advance alternative capital rulemaking… DCUC joins CUNA in letter on the MLA to DoD… and CUNA weighs in on housing finance reform with Senate Banking Committee…

We’ll discuss all of this and more in this week’s… CUNA Advocacy Update!

Picture of legal papers

NACHA Releases Bulletin on Same Day ACH Phase II

New recommended action items for same-day ACH debit processing.

Picture of man holding magnifying glass over document

Tips for Preparing for Current Expected Credit Loss

Five things compliance teams need to know about the rule before it takes effect.

Growth Chart Banner

Northwest Credit Unions Shine in NCUA Q4 Economic Report

Idaho, Oregon, and Washington credit unions saw strong performance in key areas such as loan, asset, and deposit growth.