picture of the Idaho State Capitol building

WA DCU Issues Bulletin on Powers of Attorney in Vehicle Loan Transactions

The bulletin alerts credit unions that the Washington Department of Licensing (DOL) will not accept powers of attorney executed by a credit union employee on behalf of a member.

picture of a gavel

Washington State DFI Releases 3 DCU Bulletins Affecting State Chartered CUs

Bulletins include notice on MBL Rulemaking, suspended following the recent ICBA lawsuit filed against the NCUA.

picture of a person reading documents

NWCUA, Oregon DMV Release Clarified Process for Private Vehicle Sales

In another advocacy win, processes for odometer disclosure in Oregon are simplified and streamlined.

Washington Legislative Week in Review

As Wednesday’s house of origin deadline approaches, most bills being tracked by the Northwest Credit Union Association remain in committee—but a pair of key bills are moving toward passage.

Washington Credit Union Advocates Advance Fraud and Foreclosure Bills During Annual Credit Union Day at the Capitol

A grassroots army of 200 credit union advocates helped move the needle on the policy advancement strategy in the areas of fraud- and foreclosure-related legislation during last week’s Credit Union Day at the Capitol.

Compliance Center: CFPB Releases Bulletin on Obligations When Dealing With Section 8 Housing Vouchers

Learn about Section 8 obligations; your question answered about protecting your credit union when you take power of attorney; plus this week’s legal briefs.

WSECU Warns of Fraudulent Texts, Phone Calls; Microsoft Scrambles to Patch Internet Explorer

WSECU and the Washington state Attorney General’s Office are telling consumers this week that they should not respond to text messages and be wary of automated phone calls that claim their debit cards have been deactivated or suspended. Also: Microsoft is scrambling to patch a serious vulnerability in its Internet Explorer browser.

National Consumer Protection Week: Know Your Rights, and Make Better-Informed Decisions

A coalition of federal agencies, state governments, consumer organizations and local consumer-protection authorities are shining a light this week on efforts to help consumers take full advantage of their rights and make better-informed decisions.

Compliance Question of the Week

Can a power of attorney appoint more than one attorney-in-fact?

Compliance Question of the Week

Can an attorney in fact with a general power of attorney that allows them to open and close accounts, run transactions, etc., add themselves as a joint owner on an account of the principal?

New Oregon Attorney General Announces Mortgage Rules

Considered a victory for credit unions because there are no new regulatory burdens, Oregon’s AG Rosenblum adopts new rules to clarify conduct that violates the state’s Unlawful Trade Practices Act.

Compliance Question of the Week

Do other credit unions allow potential members to take the signature card out of the branch to have it signed? If so, is the signature required to be notarized?

Compliance Question of the Week

Who is the “member/customer” when an account is opened by an individual who has power of attorney (POA)?

Oregon Legislature Prepares for February Annual Session

This Oregon Legislative Update outlines the upcoming annual session in the Oregon Legislature and provides details on the appointment of Elizabeth Steiner Hayward to the Oregon State Senate.

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?