picture of a person wading through a flooded street

NWCUF Supports Carolinas Flooding Relief Efforts

The donation comes after overwhelming demand for assistance from the Carolinas Credit Union Foundation following recent flooding there.

New Federal Application Process Could Result in More “Rural” Designations for Mortgage Lenders

Some Northwest credit unions may find mortgage lending regulatory flexibility in a new process to receive “rural” designation.

Amplify’s Small Credit Union Round Table to Focus on Shared Economy, Sustainability

Small credit unions are finding secret sauce in the age of a sharing economy, while also struggling with sustainability in the age of consolidation. The Small Credit Union Round Table kicking off Amplify 2015 will focus on those issues.

Applications for Free NCUA Consulting Due November 30

Small and new credit unions, and those with low-income designation, are encouraged to apply for free consulting from the Office of Small Credit Union Initiatives.

NCUF Accepting Applications for Biz Kid$ Financial Education Grants

Financial education grants from the National Credit Union Foundation can help credit unions leverage the award-winning Biz Kid$ television show and related materials in their own financial literacy programs. Applications for the grants are being accepted now.

NWCUA Accepting Applications for 2014 Committees and Task Forces

Applications are now being accepted for 10 NWCUA committees that will serve in 2014, including two new task forces that will focus on the value and impact of Northwest credit unions. Applications are due by Nov. 4.

IRS Updates W-9; Credit Unions May Need to Modify Applications

The Internal Revenue Service has released an updated version of Form W-9 and instructions.

September 30 Marks Deadline for 2013 CO-OP Miracle Match Applications

CO-OP Financial Services is offering $1 million in matching funds for credit unions planning fundraisers benefitting Credit Unions for Kids. The deadline to apply for the grants is September 30. CO-OP details the grant program in this week’s Strategic Link Partner article.

Mobile Lending Is Changing the Way Credit Unions Do Business

According to CUNA Mutual Group, credit unions are expected to provide lending services through their member’s preferred channel, and for a whole new generation, that channel is mobile.

NCUA Awards $1.4 Million in CDRLF Grants Following 77-Percent Increase in Applications

The NCUA will issue $1.4 million in CDRLF grants to more than 100 small credit unions. NCUA OSCUI Director William Myers said the NCUA saw 77-percent more applications after “a concerted effort this year to make it easier to apply for these grants.”

Having an Online Application Doesn’t Mean You’re Accommodating Smartphone/Tablet Users

Strategic Link strategic partner CUNA Mutual Group explains what the continuing trend toward mobile banking means for credit unions offering online loan applications.

Smartphone Lending Platform Improves Application Completion Rates and Payment Protection Sales

Strategic Link strategic partner CUNA Mutual Group launched the Smartphone Loan platform in June 2011. Pilot tests at two credit unions saw application completion rates jump by as much as 138 percent in two months.

NCUA Guidance Helps with Savings Bond Changes

The NCUA has issued a letter to credit unions to provide guidance in answering members’ questions related to the upcoming changes to the U.S. Savings Bond program.

WCUF Scholarship Application Deadline Friday, July 15

Applications are due in two weeks for Cycle 2 events occurring from August 1 through December 31, 2011.

Compliance Question of the Week

Am I required to ‘display’ the individual NMLS identifier number of our MLOs?

Foundation Accepting Cycle 2 Scholarship Applications

The Washington Foundation offers up to $1,500 a year to credit union staff and volunteers for professional development.

Compliance Question of the Week

Am I required to ‘display’ the individual NMLS identifier number of our MLOs?

WCUF Now Accepting Cycle 1 Scholarship Applications

The Washington Credit Union Foundation is now accepting Cycle 1 applications for all events occurring from April 1 through December 31, 2011.