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.

IRS Issues Interim Guidance on Informational Reporting of Employer-Sponsored Health Coverage

The IRS emphasizes that this new reporting to employees is for their information only, and does not cause excludable employer-provided health coverage to become taxable.

Compliance Question of the Week

What is the ADA definition of a service animal?

WA Leg. Proposes Sweep of DFI Funds, Budget Negotiations Continue in Salem

As elected officials scramble to close billion dollar deficits in Olympia and Salem, two very different approaches are being pursued. WA House Democrats proposed a further $7 million sweep from DFI, while OR officials hope to avoid similar action.

Epsilon Breach, Security and Communications Key for CUs

Following the breach at the marketing firm, credit unions will need to communicate effectively with members, even if the organization’s data was not directly compromised.

NCUA Assessment Picture Evolves For NW Credit Unions

The assumptions underpinning the Corporate Stabilization Fund and Share Insurance Fund rates are changing again. While there will be an impact on NW credit unions, the forecasted changes do contain some good news for those budgeting for the coming year and beyond.

NWCUA Hosts Ecuador Credit Union Group

NWCUA hosted a delegation of credit union officials from Ecuador, taking them to four NW credit unions as part of the World Council’s International Partnership Program.

Member & Chapter News – April 7,2011

Read about members making the news, including a new CEO appointment and a Volunteer of the Year Award. Also, information about two upcoming chapter meetings.

Stay Lifted from Loan Originator Compensation Rules

A U.S. Court of Appeals lifted a stay on the implementation of the Federal Reserve’s Regulation Z Loan Originator Compensation final rule, meaning the new rule will come into effect today.

Form 1099 Changes Just Need President’s Signature

A CUNA-supported bill going to President Obama would repeal an extension of IRS Form 1099 reporting requirements for certain purchases over $600.

Legal Briefs April 7, 2011

Your update of the regulatory landscape.