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.

Oregon Legislative Week in Review

Last week’s Credit Union Day at the Capitol was considered a very successful event by all, while efforts to close the state’s budget gap continued.

Washington Legislative Week in Review

A bevy of bills were voted on this week, including the Prize-Linked Savings Accounts and Foreclosure bills.

Federal Legislative Week in Review

It was another busy week in Washington, D.C. We continue to see action and movement on two of our key issues at the federal level.

Convention Pre Registration is Now Open

Convention Pre-Registration is now open. Check back soon for more information

Avoid ATM Fee Disclosure Lawsuits with Proper Monitoring

An escalating number of class action lawsuits filed against credit unions for failing to comply with Regulation E requirements for disclosing ATM fees has triggered a significant risk concern for credit unions.