Calcoe Federal Credit Union and Horizon Credit Union were recognized at the CUNA National Awards reception last week for a fundraiser service project and financial literacy efforts.
NCUA issued a final rule regarding the display of the â€œofficial signâ€ and permanent increase in insurance coverage at $250,000.
In its meeting late last week, the NCUA Board issued two new proposed rules, renewed the 18% interest rate ceiling for federal credit unions, and approved a new Interpretive Ruling and Policy Statement.
More than 220 credit union advocates gathered at the Oregon State Capitol Tuesday for the annual â€œCredit Union Day at the Capitol,â€ an event designed to remind legislative members about importance of the credit union difference.
The former director of the U.S. Office of Management and Budget under President Barack Obama and current vice-chairman of global banking at Citigroup this week enthusiastically endorsed prize-linked savings as a way to increase savings among low-to-middle-income Americans.
Late last week the Treasury released its interim final rule that will make radical changes to your credit unionâ€™s garnishment proceedings. This rule applies unless the garnishor is the Federal government or a State child protection agency.
How can a member challenge a garnishment of an account that contains a protected payment that was not found during the look back period required under the rules from the Treasury for Garnishment of Accounts Containing Federal Benefits Payments?
According to the NCUA, some Volunteer costs associated with service can be reimbursed, however there are limitations, particularly in Washington State.
Both Oregon and Washington States have statutes that legalize medical marijuana, and special interest groups and activists have plans to file initiatives and legislation to expand the legality of marijuana. So, what are the rules for providing services?
Some Oregon credit unions will be taxed if the stateâ€™s banker association gets its way in Salem this year. The Oregon Bankers Association late last week introduced House Bill 3263 to tax state-chartered credit unions and interstate credit unions.
OnPoint Community Credit Union’s Kelly Schrader was named Marketing Executive of the Year by Credit Union Times.
Autoland, in association with the Northwest Credit Union Association, will host a Lunch & Learn for affilliated credit unions on Tuesday, Apri 12.
The Iowa Division of Credit Unions will soon be led by former National Credit Union Administration Chairman Joann Johnson. Johnson served the NCUA for a total of six years starting in 2002, and led the agency for her final four years.