CDFI Process Becoming Clearer, Easier for CUs

Low-income credit unions that become certified as Community Development Credit Unions find added opportunities to reach underserved members.

NCUA Hosting Community Development Financial Institutions Certification Webinar

The agency has partnered with the CDFI Fund in an effort to double the number of certified credit unions by year-end.

Point West Completes CDFI Certification Featured in NCUA Video

Newrizons, Lighthouse Community, and Point West were featured as CDFI success stories in a new video series from the NCUA. Read an update on Point West’s CDFI status since the video was filmed.

Compliance Center: NCUA Releases Videos to Help Credit Unions With CDFI Certification

Five-video series will help credit unions get certified; Can you follow Robert’s Rules for board meetings?; Plus this week’s legal briefs.

News & Notes: Here’s What’s Happening Around the Northwest

Point West Credit Union gets CDFI certified; Gesa Credit Union hosting free communication seminar; St. Helens Community Credit Union unveils new branding; Industrial Credit Union raises $27,500 for food banks; Unitus Community Credit Union’s Wine on the Willamette raises over $50,000.

Last-Minute Application Turns into NCUA Grant for Cutting Edge Credit Union

It only took Cutting Edge Federal Credit Union 90 minutes to get its low-income designation and another 10 minutes to apply for an NCUA grant. A month later, the credit union was awarded $2,500 to help it apply for CDFI certification and gain access to more resources that it can use to help members and the community.

Certification of Exemption from Foreclosure Mediation Due by Jan. 31

Credit unions in Washington and Oregon have until the end of the month to renew their Certification of Exemption from Foreclosure Mediation to avoid the mandatory mediation clauses in both states’ foreclosure statutes.

NCUA To Award First Round of Grants for CDFI Certification Applicants, New Products and Summer Internships

Low-income-designated credit unions can receive as much as $16,500 for CDFI certification, new products and student internships when the National Credit Union Administration awards its first round of technical-assistance grants in 2014. Applications will be accepted Feb. 3-14.

It’s Spring: Do You Know Where Your Flood Zones Are?

As most of the Northwest is experiencing a soggy May, it’s a good reminder for credit union lenders to shore up their flood zone data. This is critical information for mortgage approvals. In today’s Strategic Link business partner article, CUNA Mutual’s Kriss Besch shares some important insight.

Joining an Elite Group, Northwest CU Professionals Earn Credit Union Development Educator Certification

Three Northwest credit union professionals have joined an elite team of financial educators, earning certification as Credit Union Development Educators.

Reminder: Certification of Exemption from Foreclosure Mediation Due by January 31

Credit unions in Oregon and Washington have until the end of the month to renew the certifications to avoid the mandatory mediation clauses in the foreclosure statutes. The NWCUA’s compliance team has uploaded templates of the certifications online.

Columbia Credit Union Begins Construction on Green Operations Center Addition

Columbia Credit Union has broken ground on a 20,000-square foot addition and remodel to its main Operations Center. The addition will be built to LEED Gold certification standards with expected completion in late 2013.

Become a Certified Credit Union Volunteer

Board members looking to sharpen their credit union acumen and take their volunteer duties to the next level are encouraged to attend CUNA Volunteer Certification School, a week-long comprehensive program scheduled for late September.

Community Development and Community Finance: Where Opportunity and Mission Meet

The NWCUA and the NFCDCU are teaming up to provide two education sessions highlighting the work currently being done to bring affordable, sustainable financial services to low-income consumers and underserved communities.

Wauna’s Scappoose Branch Achieves LEED Silver Certification

The Wauna Federal Credit Union branch in Scappoose reached a milestone no other credit union building in Oregon has: LEED certification by the Green Building Certification Institute (GBCI). The LEED Silver Certification plaque will be unveiled at an invitation-only event Dec. 14.

WA Real Estate Lenders Must Complete Foreclosure Certificate by Saturday

Credit unions that issued fewer than 250 notices of default in 2010 are exempt from paying a fee, but must certify that they meet the exemption requirement by the due date of May 14.