NWCUA 2011 Convention Agenda Packed with Beneficial Learning and Networking Opportunities

The NWCUA Convention and Annual Business Meeting agenda is packed with over 30 workshops designed to improve credit union’s compliance, management of loan portfolios and volunteer boards’ understanding of complex regulations. Four nationally-known speakers will share insight to regulations, effective marketing, technology and grassroots lobbying. The national-level resources are offered at regional-level pricing.

Report Card Time for Association

Over-regulation, compliance, staff training and growing business in a highly competitive landscape mean always-full plates for credit union leadership. Town hall meetings have been scheduled around the region so membership can have an open dialogue with the Association’s leadership, as well as learn more about the redistricting plan.

Washingtonians Narrow Ballot Initiatives to Three

This Washington legislative update covers the various initiatives on the ballot in November, including tolling and privatizing liquor stores.

Free Marketing Makeover Up for Grabs

Attendees of Ron Rosenberg’s session at Convention will be entered for a 30 minute review of websites and other marketing materials.

CUNA Mutual Hosting Webinar on Proposed Qualified Residential Mortgage Rules

The webinar will feature representatives from the Credit Union National Association, PricewaterhouseCoopers, and CMG Mortgage Insurance Company, and will encourage comment by the August 1 deadline.

Oregon Legislative Session Ends

The long-awaited end to the 2011 Oregon Legislative Session came last Thursday afternoon after six months of debate. Oregon Credit Unions had a lot of “wins” in what will be remembered as a session of compromise.

Inherited IRA is Insured, but Tax Issues Can be Complicated, says NCUA

According to the June 6 letter, the NCUA’s regulations provide share insurance coverage for a member’s IRAs up to $250,000 that is separate from the member’s other accounts at the same credit union.

Brown Leads Member Relations Push for NWCUA

Ferris Bueller, the main character of the eponymous movie, said: “Life moves pretty fast.” Danielle Brown, the Association’s head of member relations, knows what he meant.

Spectrum Awards Deadlines Extended

Two week extension will allow time to prepare and refine Marketing & Communications entries.

NCUA Announces Online Financial Literacy Training for FCU Boards

In keeping with the agency’s goal of increasing volunteer education, this module introduces financial statement concepts to board members with non-financial backgrounds.

Legal Briefs

Your update on the regulatory landscape.

NCUA Board Holds Busy Meeting

A full overview of the May 19 meeting includes the Board’s actions on indemnification provisions, prepayment of corporate stabilization fund assessments, and a rule clarifying the temporary unlimited deposit insurance mandated by Dodd Frank.

Federal Legislative Update of the Week

It is not too late to contact the Congressional delegation about interchange, or add something to your website encouraging your members to email their legislators. Please continue to push the Call to Action!

Compliance Burden Has Grown by 19,000 Pages since 2009, NWCUA Finds

Since January 2009, thousands of pages of regulations and rules have been issued by various agencies, including the Federal Reserve and NCUA, that credit unions must comply with.

Federal Legislative Week in Review

With Congress in recess, take the opportunity to see your legislators in person and remind them of the need to stop, study, and start over with interchange regulations.

Business Week, CUs Teach Teens about Entrepreneurship and Business

The business week programs introduce teens to business concepts, and are a valuable opportunity for credit unions to give back to the community.

Oregon Legislative Week in Review

The Association’s credit union modernization bill received its work session yesterday, where it received a unanimous due pass recommendation, following three amendments.

Washington State Legislative Week in Review

Activity on Legislation afftecting Washington State credit unions.