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WA DCU Issues Bulletin Regarding Website Compliance Exams

Also, this week’s legal briefs from around the Federal landscape, and your compliance question answered.

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WA DFI Announces Important Procedural Change

The change will affect credit unions’ OSOS public web searches, or copies of OSOS filed documents.

Two NW CU Leaders Elected to FHLB Des Moines Board

For the first time in more than a decade, Oregon’s seat on the FHLB Board of Directors will be occupied by a credit union representative. OnPoint’s Rob Stuart joins BECU’s Benson Porter on the board in January.

Action Request: Comments Needed for Second FOM Proposal

NCUA recently published a second field of membership proposal, with comments due December 9.

NCUA Budget Briefing Shows Both Progress, Areas for Improvement

The public review preceded a Board vote on the agency’s two-year budget, scheduled for Nov. 17. Public comment may be submitted until Nov. 4.

New Association Board Chair Makes Call for Committee Service

In one of her first acts as Board Chair for Your Association, Brooke Van Vleet, President & CEO of St. Helens Community Credit Union, has issued a call for credit union professionals to engage in service through NWCUA committees.

NCUA Posts 2017–2018 Budget Proposal

The regulator is now accepting comments and requests to attend budget briefing via email through Nov. 4.

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NWCUA, ICUL Announce Two Year Strategic Management Alliance

NWCUA will provide a full suite of Association products, services, and programming to ICUL member credit unions.

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MAXXimum Impact: 2016 MAXX Convention Brings Together Best of NW CU Movement

More than 150 credit unions, 500 Movement leaders, and 100 business partners gathered for the three day convention to share ideas, learn the newest operational solutions for their members, and glimpse at 2017 and beyond during Your Association’s Annual Business Meeting.

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Sarah Canepa Bang Appointed to Children’s Miracle Network Hospitals Board of Governors

Canepa Bang is EVP, Industry Relations for Strategic Link partner CO-OP Financial Services.

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Remembering Terry Belcoe, Former Association Board Member, Longtime CU Advocate & Fixture of Skagit, WA

The North Coast Credit Union President and CEO leaves behind two daughters and a lofty legacy as a community leader in Washington.

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National Credit Union Foundation Board Nominations Open

Applications must be received by October 14.

Former NCUA Chair Matz Elected to Mutual of Omaha Board

Matz, the only person to ever serve two different terms on the NCUA board, resigned in April.

Numerica President, CEO Altepeter to Serve as CUNA Rep on WOCCU Board

She joins Diana Dykstra, President and CEO of the California and Nevada Credit Union Leagues to the World Council Board.

NCUA Previews Additional Exam Cycle Changes

The meeting also featured a quarterly update on the National Credit Union Share Insurance Fund.

Obama Nominates John Herrera to NCUA Board

Herrera is the SVP for Hispanic and Latino affairs at Durham, N.C.-based Self-Help Credit Union, and previously served as a Commissioner for the North Carolina Credit Union Commission.

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Compliance Center: NCUA Outlines Plans for Adding ‘S’ to Credit Union CAMEL Ratings

The addition would represent ‘sensitivity to market risk,’ and will require changes to NCUA systems.

NCUA Notes: State-Level Quarterly Report Shows NW CU Strength

Northwest credit unions continue to lead the way by many metrics, according to the NCUA quarterly report released last week.