Can a business have a beneficiary?
What is an FBO account?
What is a representative payee?
What is a Social Security Representative Payee Account, which members require one and how should the accounts be established?
The NWCUA is advocating for changes to a bill that would make technical updates to Oregon’s Foreclosure Avoidance Mediation Program. The legislation was heard yesterday by the State Senate’s General Government, Consumer and Small Business Protection Committee.
Regarding death of member account. We have the executor of the estate of our deceased member in to close the account. However, this account has a beneficiary, so the funds in this particular account go to the beneficiary; but can we give that information to the executor?
The beneficiary on a Representative Payee account has requested a loan. What do we do? Can the beneficiary use the SSI payments this way?
If a member inherits funds from his mother’s traditional IRA, can the member “roll over” the inherited funds from the mother’s account into a new IRA account?
We received a Notice of Reclamation from the Social Security Administration… but the member is still alive. In fact, he’s standing right in front of me. What should I do?
This Washington Legislative Week in Review updates the progress of the Public Funds Bill and details the bills that died after missing last week’s House of Origin Cutoff.
SB 5913, known as the Public Funds Bill, passed the Senate last Thursday by vote of 43-2. With less than a month remaining in the current session, several other bills relevant to the credit union movement are expected to see action soon.
This Oregon Legislative Update outlines the eight mortgage/foreclosure bills currently of interest to credit unions during the Oregon Legislature’s first-ever “short session.”
What is a VA fiduciary account, and how would I title one?
How should I title an inherited IRA?
According to the June 6 letter, the NCUA’s regulations provide share insurance coverage for a member’s IRAs up to $250,000 that is separate from the member’s other accounts at the same credit union.
As legislative leaders anticipate ending the session on time, a bevy of bills that affect credit unions circulate including one concerning selling loans on the secondary market.
Should representative payees be allowed to negotiate checks made out to the beneficiary of the accounts they oversee?
How long does a stop payment order remain in effect?