People Helping People Spotlight: STCU Steps Up with Low-Interest Storm Loans

When a deadly windstorm pummeled the Inland Northwest, STCU quickly offered members low cost emergency loans. The results: 200 loans and $1 million to “get it fixed.”

Same Day ACH Payments Approved by NACHA

The plan will result in three daily settlement windows, allowing same-day processing of 99% of ACH payments.

NCUA Approves Field of Membership Changes and More

The NCUA Board approved five items at Thursday’s board meeting, including a final rule expanding automatic approval for associational groups’ membership in federal credit unions.

No 2014 Share Insurance Fund Premium: NCUA

The NCUA says no 2014 premium, approves joint rule amending flood insurance and correction to corporate rule.

Point West Credit Union Completes Net Worth Restoration Plan

Nick Hodson and Amy Nelson, co-CEOs of Point West Credit Union, announced this week that Point West has completed an approved Net Worth Restoration Plan with the National Credit Union Administration, two years ahead of schedule.

Picture of sticky notes with question marks on them

Compliance Question of the Week

What policies must be approved by the board?

NCUA Sets Reduced 2013 TCCUSF Budget at Year’s Final Open Board Meeting

At its final open meeting of the year, the NCUA board of directors approved the 2013 TCCUSF oversight budget, approved two credit unions’ requests to convert to community charters and adopted two final rules.

ATM Fee Placard Bill Unanimously Approved by House Committee, Headed for Vote

Legislation that would do away with the physical fee notice currently required on ATMs was unanimously approved by the House Financial Services Committee Wednesday morning and is expected to receive a floor vote in the House in July.

Equity Ratio, Net Worth Changes Passed by NCUA

Changes in NCUSIF definitions of equity ratio and credit union net worth were unanimously approved by the NCUA board on Sept. 22.

Legal Briefs

Your update on the regulatory landscape.

Legal Briefs

Your update on the regulatory landscape.