Updated: Fund Your GAC Experience with Crasher Program, Grassroots Grant

Through the NWCUA’s Grassroots Grant Fund and the Crash the GAC program from CUNA and The Cooperative Trust, Northwest credit union advocates have two ways to get their GAC experience funded.

Young Credit Union Professionals: Apply for Free Auction Seats!

Three lucky up-and-coming credit union leaders will rub elbows with C-level executives from around the region at October’s Roaring ‘20s Auction benefiting Credit Unions for Kids. Apply now for your chance to attend.

NCUA has $2 Million Grant Fund for Low-Income Credit Unions

The NCUA has $2 million to give to low-income credit unions looking to launch new products, grow capacity, develop a digital presence, or invest in cyber-security infrastructure. Applications are being accepted through June 30.

Spots Still Open for Fall DE Training; NWCUF Accepting Scholarship Applications

Spots are still open for this fall’s Development Education training program. DE training ignites passion for credit unions and transforms careers. The NWCUF is accepting scholarship applications through June 11.

NCUA Has $1.2 Million Grant Fund for Low-Income Credit Unions

The NCUA has $1.2 million to give to low-income credit unions looking to launch new products, gain CDFI certification or develop staff. Grants are being accepted through June 30.

Academy Award? Probably Not, But These Films Could be Worth $3,000 in Scholarships

Ready for your close-up, Mr. or Miss High School Senior? St. Helens Community Credit Union is asking students to submit short films with their scholarship applications this year. At stake: $3,000 to help pay for college.

NCUA Issues Regulatory Alert Regarding Ability to Repay and Qualified Mortgage Rules

The National Credit Union Administration has issued a regulatory alert to all federally insured credit unions focusing on the Ability-to-Repay (ATR) and Qualified Mortgage (QM) requirements that go into effect on Friday, Jan. 10.

NCUA To Award First Round of Grants for CDFI Certification Applicants, New Products and Summer Internships

Low-income-designated credit unions can receive as much as $16,500 for CDFI certification, new products and student internships when the National Credit Union Administration awards its first round of technical-assistance grants in 2014. Applications will be accepted Feb. 3-14.

Exploration of the NCUA Credit Union Derivatives Rule

The NCUA is proposing allowing well-managed credit unions to purchase limited amounts of simple derivatives. Our Compliance team takes a deep dive into what is known so far about the proposed rule.

Credit Unions: Apply Now for New NCUF ‘BizKid$’ Financial Education Grants

Credit unions have until the end of the month to apply for new “Biz Kid$” Financial Education Grants from the NCUF. The grants can be applied to any youth financial education initiatives that make use of “Biz Kid$” programming.

Compliance Question of the Week

On an application we received indirectly from a dealer, I noticed there was not a section for a joint applicant to evidence his or her intent of being a joint applicant. Instead, there was fine wording at the bottom where the co-applicant affirmed the accuracy of the information and evidenced his or her intent to be joint applicant. Is this okay?

Compliance Question of the Week

Would we use the executor’s Social Security Number on an estate account as opposed to the deceased member’s? Would this decision be due to IRS Ruling 84-73?

Compliance Question of the Week

Is a garnishment order written by an attorney subject to the new rules regarding protecting Federal Benefits Payments from garnishment?

Golden Parachute Rule Curtails Payouts at Troubled CUs

The rule also limits a federally insured credit union’s ability to provide indemnification.

Fed Issues Clarifications to Reg Z Provisions that Apply to Open-end Credit Plans, Including Credit Cards

The Federal Reserve Board approved a rule amending Regulation Z (Truth in Lending) to clarify aspects of the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit Card Act).

Apply today for a WCUF CYCLE 3 Scholarship!

Don’t miss the opportunity to apply for a 2010 Professional Development Scholarship through the Washingotn Credit Union Foundation. The deadline is Friday, October 8th.

WCUF Cycle 3 Grants & Scholarships Deadline Extended

Don’t miss the opportunity to apply for a 2010 Professional Development Scholarship through the Foundation program. The deadline for application has now been extended to Dec. 1.

Filene Seeking 17 new members for Exclusive i3 Innovation Program

Do you have what it takes to fill one of the 17 seats available on Filene’s i3 innovation program?