Art For Japan Tsunami Relief

Staff at Peninsula Credit Union, terribly saddened by the tragic earthquake and tsunami in Japan, are undertaking several efforts to help, including helping to sell traditional Japanese art by local artist and Peninsula Credit Union member Yoshiko Yamamoto.

Warren: CFPB Will Work for Reduced Regulatory Burden

The Consumer Financial Protection Bureau will work to reduce some regulatory burdens faced by credit unions and other financial institutions.

Federal GAC: CUNA Warns Reg Burden is Growing ‘Crisis’

CUNA President & CEO Bill Cheney told a House subcommittee on Wednesday that credit unions face a crushing “crisis of creeping complexity” under a steady accumulation of regulatory requirements.

Large Data Breach May Affect Northwest Credit Unions

In an open letter posted on its website, RSA, the security division of EMC, said it experienced an “extremely sophisticated” attack in which information related to the company’s SecurID two-factor authentication products were stolen.

NW Chapter to Discuss Economic Trends at February 23rd Meeting

Oregon’s Northwest Chapter of Credit Unions is holding its first meeting of 2011 focusing on how current economic trends will affect credit union operations, and you are invited.

Transform Youth Into Saving Rock Stars During National Youth Week

Show youth that saving rocks at your credit union during National Credit Union Youth Weekâ„¢,
April 11-24, 2011. The National Youth Saving Challengeâ„¢ is a great opportunity to get youth to open new accounts
and deposit their money at your credit union.

NWCUA’s Stang Meets NCUA Chairman Matz, Hands Over Industry Letter

NWCUA President Troy Stang met with NCUA Chairman Debbie Matz and hand delivered a letter signed by multiple credit union trade groups.

Oregon Legislative Week in Review

Today more than 200 Credit Union Advocates from across the state will be descending on the Oregon State Capitol to bring the message of the credit union difference to Oregon legislators.

Reduce Uninsured Losses by Differentiating ‘Pure Risk’ from ‘Uninsurable Risk’

It can be difficult understanding which types of loss your credit union’s fidelity bond does and does not cover. A legal and risk-management concept that can help clarify this is “pure risk” versus “uninsurable risk.”

Washington Legislative Week in Review

House Bill 1327 passed the House on Saturday, February 26 by a vote of 85-12 with 1 excused. It is now expected that the bill will be referred to the Senate Financial Institutions, Housing & Insurance Committee where Association staff will work to get it scheduled for a hearing.

Interchange Legislation Could be Introduced This Week

Credit unions are calling on Congress to stop, study and start over on planned interchange fee regulations, and legislation that would do just that could be introduced later this week.

CUNA Regulatory Advocacy Report

It is less and less clear whether the Fed will issue the final rule on the rate setting debit interchange provisions by April 21, even though the law requires that (absent a delay) the provisions are set to take effect July 21.

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.