Picture of credit union industry professionals

Newest CUDE Class Debuts in Madison

47 credit union professionals attained the CUDE designation during the training.

iQ Credit Union Announces Appointment of New President and CEO

Kelly Schrader has been selected as iQ Credit Union’s new President and Chief Executive Officer and will assume the new role on June 1, 2016.

Credit Unions Help South Albany High Rebuild After Arson

After fire destroyed a critical building, Northwest credit unions raced to the aid of the school and the district.

Credit Unions Support High School Rebuilding After Arson

Oregon’s South Albany High School lost critical facilities to an arson fire last week. Northwest credit unions are stepping up to help them rebuild.

The Difference: Peninsula Member Rebuilds His Business After Recession

Bryan Shorten lost his custom tile business and his impeccable credit history to the recession. His credit union helped him rebuild both.

From Uganda to Seattle, A Cooperative Journey

James Pearson joined the Northwest Credit Union Association as member communications evangelist this summer, after working both as a journalist and as a catalyst for economic empowerment in Uganda.

Compliance Question of the Week

When is a share certificate presumed abandoned?

TAPCO Credit Union Mourning the Sudden Loss of Branch Manager Jennifer Weed

Jennifer Weed, whose 17-year career at TAPCO Credit Union saw her grow from a recent college graduate and teller to branch manager and soon-to-be head of a new real estate department, died Dec. 10 after a sudden illness. The credit union has opened an account to help defray expenses for her husband and two young children.

Verity Credit Union Names John Zmolek its New President/CEO

Seattle’s Verity Credit Union will ring in the New Year with a new President/CEO. John Zmolek, Verity’s current executive vice president, will take over the lead role after being unanimously selected by Verity’s board of directors

Troubled Chetco Had ‘No Way Out,’ Rogue CEO Gene Pelham Says

Rogue Credit Union CEO Gene Pelham told the Curry Coastal Pilot this week that Chetco Federal Credit Union had “no way out” of the downward spiral that led to its failure in 2012 and that Rogue “fought really hard” to acquire Chetco’s assets.

Robbery Training Ensures That All Employees Are Prepared

Credit unions need to make sure that policies and procedures are in place and that every employee knows what’s expected of them before, during, and after a robbery.

Compliance Question of the Week

When is a certificate of deposit presumed abandoned?

NCUF’s Newest CUDE Graduates from the Northwest Agree: ‘It Always Comes Back to Serving Our Members’

Three Northwest credit union executives can now add CUDE to their titles after completing the NCUF’s Credit Union Development Educator training. Says Peninsula Community Federal Credit Union’s Kimberly Ingham: “It always comes back to serving our members, and CUDE solidified that for me.”

Compliance Question of the Week

Can a business have a beneficiary?

Technology Security Expert: Our Opponents are not Complacent

Financial institutions are attractive targets for cyber criminals. A technology security expert is sharing insight with Northwest credit unions at the next Tech/Security council. Don Rudolph says the financial industry is well prepared now but can take additional steps to stay ahead of attackers.

picture of Oregon State Capitol

Oregon Legislature Adjourns

The Oregon bank lobby’s attempts to tax credit unions died when the state legislature gaveled its session to a close Monday. Three anti credit union bills never made it past their assigned committees, while legislation updating the Oregon Credit Union Act was signed into law.

CFPB Remittance Rule Improved, but Still a Disappointment to Some NW Credit Unions

The Consumer Financial Protection Bureau’s final remittance transfer rule takes effect October 28. The rule was delayed for eight months after credit unions requested more weigh in with the regulator. The NWCUA and Northwest credit unions did offer comments and while some relief was granted, the outcome isn’t all credit unions hoped for.

Solarity Credit Union Positioned Among Yakima’s Mortgage Lending Leaders

Less than a month after receiving the Business Excellence Award from the Greater Yakima Chamber of Commerce, Solarity Credit Union announced this week that it issued 652 mortgage loans in 2012, positioning the credit union as one of the Yakima, Wash., area’s top mortgage lenders.