WA Bill Would Limit Bank B&O Tax Exemption

Legislation is moving in Olympia to close down an important bank tax exemption, while a citizen initiative that would end all Washington State tax exemption is looking for signatures.

Credit Union Implements Board Term Limits to Increase Member Engagement

Through a methodical and deliberate process, management and the board came up with a process that addressed concerns and prepared the credit union for the future.

Member & Chapter News

CFCU CEO Stan Baron retires, and two member credit unions win national awards. Plus Chapter announcements.

NCUA Provides Guidance on How to Write a Comment Letter

Good comment letters should state your position clearly, have strong research, explore the consequences of a rule, and suggest alternatives. Member credit unions can also turn to the Association staff for help.

Legal Briefs

Your update of the regulatory landscape.

CUNA Mutual Answers Volunteer Indemnification FAQs

With volunteers’ fiduciary duties changing, CUNA Mutual suggests questions to ask your liability policy provider about your D&O coverage.

Oregon, Washington Foundations Signal Intent to Merge

After careful consideration, the Oregon Credit Union Foundation and the Washington Credit Union Foundation Boards of Directors have signed a letter of intent to merge.

Federal Legislative Week in Review

Credit unions have generated more than 85,000 grassroots contacts on interchange over the past three weeks, and CUNA has called a national teleconference for Wednesday, April 13.

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 Legislative Week in Review

The budget process continued largely along party lines, against a backdrop of growing public pressure to end business tax exemptions.

Biz Kid$, Kruger Close NYSE Euronext Trading Session

Lauren Du Pree, Biz Kid$ host, and Roxanne Kruger, Executive Director of the Washington Credit Union Foundation, ring the NYSE Closing Bell.

Treasury’s Federal Benefit Payments Clearing House Plan Open for Comment

Treasury is seeking comment on a revised proposal that would allow federal benefit payments to be made through the Automated Clearing House directly to prepaid debit card accounts.

NW Executive Summit Nearly Here, Still Time to Register

The inaugural gatherings of the Northwest Executive Summit are next week and registration is still open.