Collaboration Between Credit Unions and NWCUA Moves the Needle on the Regulatory Front

Whether for the greater good or an individual credit union’s needs, your Association’s Regulatory Advocacy team goes the distance to remove regulatory barriers.

Gloria Papiez Announces Retirement from Washington Department of Financial Institutions

Papiez served in state government for 35 years; more than 18 in the DFI.

NWCUA Commercial Services Council Reviews Rulemaking Related to Regulatory Bill S.2155

Providing input to regulators even when legislation is favorable is important in continued work to remove regulatory barriers.

NWCUA-Backed Oregon Legislation Reducing Number of Required Board Meetings Moves Closer to Implementation

The rule is expected to result in cost savings and flexibility for credit unions and their boards.

Washington State DFI Names Amy Hunter New Credit Union Regulator

Former Gambling Commission Deputy Director succeeds Linda Jekel, bringing more than 20 years of regulatory agency experience.

Washington Credit Union Regulator Linda Jekel to Retire

Respected regulator leaves behind an impressive legacy known for tackling change and advancing policy for state-chartered credit unions.

NCUA May Delay Implementing Risk-Based Capital Rule

Chairman McWatters acknowledged Washington Congressman Denny Heck’s legislation to delay the process and study the impact on credit unions.

Important CDFI Updates for Credit Unions

A 90-day blackout period on new certifications, the CDFI’s funding outlook, and good news for another Northwest CU attaining CDFI certification.

League InfoSight Announces ComplySight Enhancement

ComplySight, a service available through NWCUA’s partnership with InfoSight, adds complaint management capabilities at no additional cost to credit unions.

CFPB Issues Final Rule Amendments to HMDA

The amendments temporarily change the reporting requirements for HELOCs and clarify what information financial institutions are required to collect about their mortgage lending.

Legislators Unite in Support of Access to Banking for Legal Marijuana Businesses

Legislators across the nation renewed a resolution calling for states’ rights to determine their own paths forward on cannabis regulation.

CFPB Unveils Prototypes of New Regulation E Overdraft Opt-in Disclosures

The prototype forms are designed to give consumers more clarity about the costs, risks, and benefits of participating in overdraft coverage.

Department of Labor Fiduciary Rule: What’s Next?

Brush up on fiduciary rule basics and find out what’s required during the transition period between June 9 and January 1.