NCUA Board Headlines: Bank Note Investment Flexibility and Positive Net for Stabilization Fund

In its third open meeting of the year, the National Credit Union Administration Board approved a more flexible bank notes rule and announced a $302 million net position gain in the Stabilization Fund.

Change Things: Make 2016 a Transformative Year With Emerging Leaders

Only 20 people each year are accepted into Emerging Leaders. Participants practice intensive leadership exercises with one-on-one and group coaching from expert DDJ Myers trainers.

Maps Credit Union Blows Away Children’s Hospital Fundraising Goal

With some creativity and commitment, the credit union’s annual campaign to collect spare change raised over four times their goal, and almost six times what it raised last year.

Emerging Leaders Journal: Change and Growth Begin with Awareness

Emerging Leaders Scholarship Winner Liz Henderson says that, in order to grow as a leader, you first need to become aware of your own strengths and weaknesses.

Oregon Legislative Update: Charter Update Passes Senate

Oregon credit union charter update bill SB 582 passed the Senate last week. This week, prize-linked savings bill got a hearing.

Emerging Leaders Develops Next Wave of Transformational Leaders

DDJ Myers and the NWCUA combine transformational program with deep credit union experience to move the Northwest movement forward.

OSU Federal Changing Charter and Name

OSU Federal will become Oregon State Credit Union and adopt a state charter, allowing it to serve more of Oregon’s residents.

Compliance Center: DoD Issues Change to Allotment Regulations

Defense Department changes allotment regulations; Social Security funds for overdrawn accounts; and Legal Briefs.

Credit Unions Issue an ‘All Clear’ on Heartbleed Bug, but Urge Members to ‘Change Your Passwords’

Northwest credit unions moved quickly last week to assure their members that their online and mobile banking services are — and have been — safe and secure. But they joined some of the Internet’s biggest players in urging website users to change their passwords.

‘Simplified’ Mortgage Disclosures Won’t Be a Simple Change for Credit Unions

Complying with the Consumer Financial Protection Bureau’s first six mortgage rules, which became effective in January, didn’t fundamentally change the mortgage process for members. Complying with the seventh new rule, however, will absolutely change the disclosures and mortgage process for your members.

‘Life on the Edge 2’: Engaging All of Kitsap County in the Fight Against Poverty

It started as Cathy Brorson’s Development Educator project, but “Life on the Edge” has become a rallying point in Kitsap County for the fight against poverty. Next week’s gathering will focus on identifying priorities and creating the kinds of programs that can sustain change.

CFPB Releases Final TILA-RESPA Combined Disclosure Rule

The Consumer Financial Protection Bureau has released its long-awaited final rule for Integrated Mortgage Disclosures under RESPA and TILA.

Do You Have the Technology Know-How to Effectively Manage Your IT Contracts?

Technology is an integral part of how financial institutions operate and provide account holders with the products and services they need, but technology agreements can be lengthy and confusing. And if you aren’t familiar with the terms and language used to describe the conditions and intricacies of the services you receive, your contract could be more beneficial to your vendors than to your organization.

Unconventional Speaker Connects at NWCUA/CUES Executive Summit

A motivational speaker dressed in a frumpy patterned dress, outlandish glasses and veiled hat got the attention of high-level credit union leaders attending the NWCUA/CUES Executive Summit. Internationally known presenter Ann Louise Sterry taught attendees to rewire their brains to leverage change.

Compliance Question of the Week

Is a change in terms notice required to start charging non-members for check cashing?

Legal Briefs

Your weekly update on the regulatory landscape.

CFPB Issues Proposals to Remittance Transfer Rule

The CFPB is seeking comment on four proposed changes to the Remittance Transfer Rule, all of which are considered beneficial to financial institutions that will continue offering remittance transfer services.

Change-in-terms Notice Deadline Approaching for Credit Card Disclosures

With authority for Regulation Z having been transferred to the CFPB, the CFPB’s website must be listed in the Credit Card Account Opening disclosure beginning Jan. 1, 2013.