NWCUA Meets with State and Federal Examiners

The Northwest Credit Union Association hosted a meeting for all Oregon-based State and Federal credit union examiners. With regulatory advocacy being one of the association’s top strategic objectives, it was an invaluable opportunity for dialog.

The Fed Providing Free Webcast on Loan Originator Compensation

The mandatory compliance date for the loan originator compensation rules is April 1, 2011.  The rules are designed to protect mortgage borrowers from unfair or abusive lending practices that can arise from certain loan originator compensation practices.

Proposal Addresses Interest Rate Risk Management

In March the NCUA Board issued a proposed amendment to Part 741 that would require certain federally insured credit unions to have a written policy to address interest rate risk management, as well as an effective IRR program for successful asset liability management.

Washington Legislative Week in Review

The latest news about NWCUA efforts in the Washington State Legislature

Credit Union High School Branches Give Teens Access to Financial Education

Northwest credit unions made it on to a distinguished top-10 list recently for the number of its credit unions operating in-school branches. Ranked seventh and ninth, respectively, Oregon boasts eight credit unions operating branches in 34 schools, while there are nine Washington credit unions operating branch offices in 25 schools across the state.

Congress Takes Step Back on Interchange Bill

Faced with significant pushback from credit unions and consumer advocates, Congress appears ready to re-evaluate regulations on interchange policies that would cost our members and all consumers higher fees on debit card transactions.

IRS Pays Up After UBIT Smackdown

Members and employees of the Colorado based Bellco Credit Union are all smiles this week after the credit union received three IRS checks totaling over $291,000 as the result of the favorable outcome of their legal challenge to UBIT.

2011 HMDA Requirements Outlined by NCUA

The National Credit Union Administration in its Regulatory Alert No. 11-RA-02 is reminding credit unions that engage in residential mortgage lending of their 2011 reporting obligations under the Home Mortgage Disclosure Act.

NWCUA Federal Legislative Week in ReviewCopy

The latest news about NWCUA efforts in Washington D.C.

Central Oregon Chapter of Credit Unions Spring Meeting Planned

The Central Oregon Chapter of Credit Unions will hold its spring meeting on Thursday, April 14, at the Comfort Inn, Bend, Ore.

Member Connections

News and information about the happenings within the Northwest credit union movement

Free CMG Seminar: Changing Environment, Emerging Risk

Find what your credit union can do in this changing environment to protect your board and implement good governance practices by Joining CUNA Mutual Group in Federal Way, Wash., or Lake Oswego, Ore.

NCUA: Directors Can Delegate Authority, with Limits

In a Letter to Federal Credit Unions, the National Credit Union Administration said an FCU’s board can, with some limitations, delegate to its CEO the authority to hire, fire, and compensate subordinate employees, including other management personnel.