Rep. Earl Blumenauer has signed on as a co-sponsor of H.R. 3993, a bill introduced last month that would allow credit unions to accept supplemental capital.
Sen. Suzanne Bonamici and Republican Rob Cornilles won their respective primaries by wide margins in Oregonâ€™s special House election. The two will now square off in a general election on Jan. 31, 2012.
Project Zip Code is a free software program that offers easy access to quantifiable membership data, giving credit unions a powerful grassroots tool for working with lawmakers.
Wednesdayâ€™s hearing marked another step forward for legislation that would increase the MBL cap. Credit union testimony stressed potential economic benefits, while representatives of the banking industry called the credit union tax exemption into question.
Michael Barr, a former Treasury staff who helped to draft the Dodd-Frank Act, will speak at this yearâ€™s Convention about the effect of the new law and other legislative overhauls that will change the financial system.
Oregonians CEO Chuck Garner says he and his credit union have many concerns about the unintended consequences of the Dodd-Frank Act, which was signed into law one year ago.
Michael Dunn is scheduled to address the Northwest Credit Union Associationâ€™s Convention and Annual Business Meeting in September.
The former director of the U.S. Office of Management and Budget under President Barack Obama and current vice-chairman of global banking at Citigroup this week enthusiastically endorsed prize-linked savings as a way to increase savings among low-to-middle-income Americans.