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.

Oregon, Washington Credit Union Chapters Hosting March Events

Two credit union chapters—one in Oregon and one in Washington—are hosting March events you don’t want to miss. And the registration deadline for the Southern Oregon Chapter event is tomorrow, Friday, March 4.

Continued Attacks on Revenue Sources Pose Challenges for Credit Unions in 2011

As the Federal Reserve moves closer to implementation of the new interchange law, financial institutions across the country are concerned about how they will be affected by the possible loss of interchange fee income.

Money$mart Week Set for Oregon, Washington

The Jump$tart Coalitions of Oregon and Washington have set their state Money$mart weeks for April 2-9 and April 23-30, respectively.

Washington Legislative Week in Review

Governor Gregoire signed the ‘early action’ supplemental budget bill into law, cutting $367 million of the $556 million deficit.

NWCUA Call to Action-Urge Your Senator to Cosponsor the Small Business Lending Enhancement Act

We are excited to announce the introduction of the Small Business Lending Enhancement Act in the Senate. Please take a few minutes and send an email to your Senators encouraging them to support this legislation.

Washington Legislative Week in Review

Friday, March 25, was the 75th day of the state’s 105-day legislative session and the last day to consider bills from the opposite house of origin except for fiscal bills necessary to implement the budget. Bills that had not received a committee vote by the end of the day Friday are considered dead.

Fed to Host Free Webcast on Risk-based Pricing Notices

The Federal Reserve System will conduct a webcast on risk-based pricing notices on February 16. This webinar is part of an ongoing series focused specifically on consumer compliance issues.

Oregon Legislative Week in Review

Metro’s Chief Operating Officer Mike Jordan has been selected by Gov. Kitzhaber to hold the title of COO for state government and also act as the director of the Department of Administrative Services.

Rockwell Leads Outreach Efforts

In 1988 Kasey Rockwell began her credit union journey as a teller at First Tech Federal Credit Union in Beaverton, Ore., an experience that gave her a solid understanding of the important role credit unions play in the lives of everyday people.

Washington Legislative Week in Review

House Bill 1327—public funds for credit unions—has been referred to the Senate Financial Institutions, Housing & Insurance Committee.