The third branch features interactive teller machines to serve members in Snohomish County.
CUNA released the following article, which provides good insight into credit unions’ responsibilities when it comes to returning federal payments.
Join the Mt. Hood Chapter of Credit Unions for a fun fall tradition and support not only the collective action of your credit union colleagues, but also the community impact of a lauded non-profit.
Northwest credit unions and other cooperatives will turn Olympia intersection into “Co-op Street” as part of free regional event celebrating the impact of cooperative businesses.
Northland’s branch will become a branch of Gesa, and all Northland staff will join the Gesa Credit Union family.
Members of both credit unions will benefit from more branches, better offerings, and a stronger overall position.
Senate Bill 582, legislation to improve the Oregon Credit Union Act, took a step forward passing out of the Senate this week.
The Northwest Credit Union Foundation is seeding an emergency fund to assist Washington’s wildfire victims. Media reports indicate 150-200 homes have been destroyed.
Valley Credit Union was one of the big Membership Benefit Award winners at last year’s Governmental Affairs Conference for saving each of its member households $262. Will your credit union be among this year’s winners? The deadline for submitting financial data to CUNA is this Friday!
What is an FBO account?
New amendments to the Garnishments of Federal Benefits Payments Rule take effect June 28. This week’s compliance report explains new definitions and credit union responsibilities.
The Washington DFI has issued a compliance update of interest to credit unions carrying life insurance products.
DCU Interpretive Letter I-13-02 concludes that state-chartered credit unions may make certain investments that are otherwise impermissible as long as they are for the express purpose of funding employee benefit obligations.
The Washington DFI offered clarification on regulations related to use of the terms “audit committee” and “supervisory committee” and to credit unions’ investment options for funding employee benefit obligations. An additional interpretive response is anticipated soon as well.
We recently concluded another employee benefits renewal. Each year this process seems to be more challenging—we pay substantially more to get less, administration requirements have quadrupled under Health Care Reform, and the entire process is under tight time constraints. How are other companies successfully maintaining a competitive benefits package and managing compliance as well?
NWCUA Board Chair Debie Keesee took part in a panel discussion about supplemental capital and its relationship to credit unions’ future growth potential during last week’s CUNA GAC, joining CUNA’s Mike Schenk, a Utah credit union regulator and a fellow credit union CEO in dispelling myths and sharing information.
Strategic Link business partner Invest in America is a powerful member enhancement program that allows credit unions nationwide to provide members with substantial discounts from companies like GM, Sprint, Dell, TurboTax, Allied Moving and Storage and more—all at no charge to the credit union.
A group of nine credit unions and the NWCUA are participating in two credit union appreciation nights during the Portland Trail Blazers season. Each game night features a bonus event for attendees, and $5 from each ticket purchased through sponsorship links will benefit Credit Unions for Kids.