NW CU Professionals Become Certified Development Educators

Three Northwest credit union professionals were among the graduates of the intensive, week-long Credit Union Development Education training held in Madison, Wis.

Business Week, CUs Teach Teens about Entrepreneurship and Business

The business week programs introduce teens to business concepts, and are a valuable opportunity for credit unions to give back to the community.

Association Announces Free Chapter Leader Webinar

The webinar will outline the Association’s new chapter support program, including liaisons, a new website, and a new chapter excellence award.

Member & Chapter News

A credit union professional is up for a national award and a chapter is holding a fundraiser for a Tacoma-area hospital. Plus more meeting announcements.

Warren Sees May Testing of Mortgage Forms

The CFPB will begin testing prototype model mortgage forms against existing laws, according to its head.

Legal Briefs

Your update on the regulatory landscape.

One-Quarter of NW Banks Still Problematic, say Rating Agencies

Bauer Financial and Highline Financial found that nearly 30 percent of Washington-based banks and 22 percent of Oregon-based banks are considered problematic or troubled.

Federal Legislative Week in Review

It is all interchange, interchange, interchange as state and national associations push Congress to stop the Durbin Amendment from being implemented as is. Member credit unions are being asked to use social media and mobilize their membership in the effort.

Oregon Legislative Week in Review

This week is the halfway point of the 2011 session and bills must be moved before certain deadlines or else they are dead for this session. The Association’s Credit Union Modernization bill, Senate Bill 177, met its deadline and is moving forward.

Washington Legislative Week in Review

The prize-linked savings bill is going to the Governor, while many tax exemption proposals are being proposed in an effort to close the budget deficit.

CUNA Regulatory Advocacy Report

The most recent update from CUNA on Regulatory Advocacy activities.

Fed Increases Jumbo Mortgage Escrow Threshold

While the Fed increased the APR threshold, CUNA notes that credit unions have the option to continue to follow the lower threshold that applied prior to the change.

Compliance Question of the Week

Am I required to ‘display’ the individual NMLS identifier number of our MLOs?