St. Helens CCU Employees Volunteer on Holiday

Employees partnered with Community Action Team on Columbus Day.

Last Chance to Nominate Leaders for Amplify Awards!

The deadline for Amplify Awards nominations is Tuesday, June 30. Make your nominations now for the most prestigious awards program in the Northwest.

Oregon Legislative Update: Credit Union Bills Beat Deadlines

Prize-linked savings bill signed into law as the update to the Oregon Credit Union Act moves to the House floor for a final vote.

Deadline Nears for Credit Unions to Join Class Action Suit Against Home Depot

Plaintiffs’ attorneys are looking for financial institution in each state to join the case, and are sending letters to some Northwest credit unions.

Compliance Center: OFAC Launches Simplified Consolidated Sanctions List

The Office of Foreign Assets Control launched a simplified list of all non-SDN sanctions; joint debts after divorce question answered; and legal briefs.

NCUA Board to Vote on Vice Chair

NCUA Chair Debbie Matz’s designation of Rick Metsger as vice chair hit a speed bump this week, and awaits affirmation of the full board.

Advocates in Action: Sharing the Credit Union Message with State, Federal Lawmakers

Campaign season is in full swing in the Northwest, and credit union advocates are keeping busy volunteering and supporting their favorite candidates.

How Lender Liability Losses Turn Into Class Action Lawsuits

With lender liability lawsuits on the rise, credit unions could be at risk for class action lawsuits. Our Strategic Link business partner, the CUNA Mutual Group, details the three most common flaws leading to legal liability.

Compliance Question of the Week

We just found out a member has filed for bankruptcy. What should we do?

CUNA’s Cheney Releases Video Urging Action in Support of MBL Bill

CUNA President and CEO Bill Cheney released a video this morning encouraging credit unions to take immediate action in support of MBL legislation in the Senate. Banks have issued a similar call and will have a delegation in D.C. during CUNA’s MBL Hike later this month.

Disciplinary Action Functionality Added to NMLS Registry

The federal registration component of the Nationwide Mortgage Licensing System and Registry was updated last week to accommodate the collection of information about certain disciplinary, enforcement, and other actions against a mortgage loan originator.

Clock is Ticking as NCUA Takes Action on Liquidity Access for Credit Unions

The NCUA has scheduled a webinar for Aug. 14 to discuss upcoming changes and proposed rules related to the closure of U.S. Central Federal Credit Union, which will leave 6,000 credit unions without access to emergency borrowing programs.

Cooperative Day of Action Presents Volunteer Opportunities for Credit Union Members, Professionals

Bellingham’s credit unions and other cooperatives have set a high standard during the International Year of Cooperatives. The community will take things to an even higher level with the June 16 Cooperative Day of Action.

‘Life on the Edge’ Event Leverages Cooperative Spirit to Fight Poverty

Kitsap Credit Union’s Cathy Brorson hosted a day-long event on Tuesday to step up the fight against poverty in Kitsap County, bringing together key players from all sectors, including education, social service, credit unions, law enforcement, government and more.

Senate Vote on MBL Bill Expected Next Week as Credit Unions Continue Advocacy

Credit union activists from Oregon and Washington have logged more than 1800 contacts through CUNA’s advocacy site in support of raising the MBL cap. With a Senate vote not expected until next week, there is still time to deepen the impact.

NWCUA, CUNA Issue Call to Action Regarding MBL Legislation

With the U.S. Senate primed to vote on credit union MBL legislation as soon as April 16, the NWCUA is developing an “all-in” strategy that depends on immediate participation from each Northwest credit union.

HRN Offers Comprehensive Human Resource Services

HRN Performance Solutions has been providing strategic HR solutions and consulting services for more than 20 years. As a Strategic Link business partner, NWCUA member credit unions have access to discounted products and services.

GAO Issues Report on Corporate Credit Union Failures and NCUA Action

The NWCUA’s Regulatory Advocacy team works with state and federal regulators to help reduce the regulatory burden on credit unions and protect the credit union movement. Included here are updates on a recent GAO report and an NCUA data request.