Reminder: NCUA Final Rule on Permanent Insurance Coverage of $250,000

NCUA issued a final rule regarding the display of the “official sign” and permanent increase in insurance coverage at $250,000.

Oregon Legislative Week in Review

Priority bill SB 177 had a hearing in the Senate General Government, Consumer and Small Business Protection Committee Last Wednesday, with several Oregon credit union leaders testifying.

NWCUA: Oregon’s DCBS Fee Increase Proposal Necessary—Temporarily

Oregon credit unions will likely be paying more fees than expected in 2011 to the Department of Consumer and Business Services, the primary regulator of credit unions in Oregon, due to a budget shortfall caused by market forces.

Credit Union Advocates Blanket Oregon State Capitol

More than 220 credit union advocates gathered at the Oregon State Capitol Tuesday for the annual “Credit Union Day at the Capitol,” an event designed to remind legislative members about importance of the credit union difference.

Credit Unions Urge Congress to Stop, Study, Start Over on Interchange

Credit unions today urged Congress to halt the progress of the Federal Reserve’s interchange proposal and study the impact that interchange changes would have on financial institutions and consumers alike before the interchange rulemaking process can continue.

NWCUA President Delivers Joint League Letter to NCUA Chairman

Northwest Credit Union Association President Troy Stang Stang this week delivered a joint league letter to NCUA Chairman Debbie Matz expressing serious concerns about recent directives concerning the role, duties and protections of volunteer board members and calling for immediate reconsideration.

Washington Legislative Week in Review

House Bill 1327—public funds for credit unions—has been referred to the Senate Financial Institutions, Housing & Insurance Committee.

The Fed Proposes Amendments to Regulation CC Regarding Collection of Checks and Availability of Funds

The Federal Reserve Board requested public comment on proposed amendments to Regulation CC to encourage banks to clear and return checks electronically, add provisions that govern electronic items cleared through the check-collection system, and shorten the “exception” hold periods on deposited funds.

Town Halls Provide Details on Corporate Consolidation

Southwest Bridge Corporate Federal Credit Union will host four Town Hall meetings in the Northwest this month to provide member credit unions another opportunity to obtain information about the proposed consolidation of Southwest Bridge Corporate and Georgia Corporate.

Western CUNA Management School Accepting Applications

Western CUNA Management School (WCMS) is now accepting applications for the 2011 session.

Trade Reports Place Washington in the Middle of Merger Trends

Two reports by the Credit Union Times’ Jim Rubenstein this week placed Washington in the middle of what may be examples of trends in strategic mergers between credit unions with multi-state operations.

Authors, Palm Readers, and Bloggers, Oh My! Full Trade Show Means More Fun for Convention-Goers

Ninety-six exhibitors and a variety of fun events are waiting for participants in the 2010 Washington Credit Union League’s Convention and Annual Business Meeting Sept. 14-16 in SeaTac.

WCUF Cycle 2 Scholarship Deadline Extended

The Washington Credit Union Foundation has extended the application deadline for its Cycle 2 Scholarship Program. Prospective applicants now have until next Friday, July 16 to submit their application for all training events between August 2 and December 31, 2010.

WCUL Awards 17 Spectrums for Excellence in Marketing & Communications

Gesa Credit Union earns Best of Show with “Ditch & Switch” campaign. See their amazing television ads and other photos from the Awards luncheon.