Person-to-Person Payment Service Provides Security, Convenience While Keeping Credit Unions in the Transaction
Harland Clarke offers DPXPayâ„¢, a secure person-to-person payment service allowing credit unions to easily send and receive money.
The Washington State Legislature has included â€œfund transfersâ€ in its supplemental budget, passed during their second Special Session. A transfer from the Financial Services Regulation Fund is set at $3 million in the proposal from the governor.
OSU FCU celebrated winning two prestigious Desjardins Financial Education Awards in a special ceremony today. The Corvallis credit union partnered with the school district to teach “real-life” financial skills to high school students and also worked to improve the financial skills of people in the court system.
Autoland President Jeff Martin discusses how this yearâ€™s tragic earthquake in Japan impacted auto inventory, how quickly inventory is returning to normal, and how this affects credit unions.
This Oregon Legislative Update outlines recent legislative days in the Oregon Legislature, which included testimony on behalf of credit unions from Hal Scoggins and Pam Leavitt. Also included is Oregon’s November revenue forecast and a political update for the state.
Filene Research Groupâ€™s John Dangoia explains how credit unions increased the size of their consumer loan portfolios during the recent recession, illustrating the need to make the most of every lending opportunity.
Bank of America has announced plans to cancel its proposed $5 monthly debit card fee, seemingly caving to public pressure. NWCUA CEO John Annaloro stressed that this fee cancellation does not change the fundamental difference between banks and credit unions.
A grant from the Washington Credit Union Foundation has allowed Express Credit Union to improve outreach to low-income and unbanked consumers through better computer connectivity.
Federal Reserve Board Seeks Comment on Proposed Rules Intended to Simplify the Administration of Reserve Requirements
The Federal Reserve Board has requested comment on proposed rules intended to simplify the administration of reserve requirements and reduce administrative and operational costs for depository institutions and Reserve Banks.
Liz Shelby was recognized with the Oregon Volunteer Advocate of the Year award for her outstanding contributions to the credit union movement as a tireless advocate and board member for Rogue FCU.
The Citizen Commission for Performance Measurement of Tax Preference reviewed the B&O tax exemption for interest earned on first mortgage loans by banks in its Sept. 23 meeting.
A survey of Washington credit union CEOs revealed 12 interested in offering prize-linked savings programs to members by early 2012. An â€œIdea Exchangeâ€ at the NWCUAâ€™s Convention and Annual Business Meeting will provide more information for industry leaders.