Anthem talked to SMCU President & CEO Richard Romero on the heels of their recent partnership with the City of Seattle on providing loans to help finance the first step on the path to U.S. citizenship.
STCU announces new branch; Clackamas Federal gives $50k to community college; Rivermark catalyzes library effort; TAPCO supports Apple-A-Day; Lower Valley gives big.
The credit union community will descend upon Spokane for Amplify Convention. Here are some things to see, do, eat, and drink in and around the city.
Heroes of Hope: A Gala in Spokane City is Theme for Credit Unions for Kids Dinner, Auction at Amplify
The NWCUA and a committee of credit union community volunteers will again host a dinner and auction to benefit Credit Unions for Kids at Amplify Convention. “Heroes of Hope: A Gala in Spokane City” is the theme.
Northwest credit union advocates attended prayer breakfasts and luncheons, hosted campaign events and even joined elected officials for a game of “Jeopardy” in their ongoing efforts to share the credit union message with state and federal lawmakers.
Express Credit Union Partners with City of Seattle to Help Vulnerable Consumers Gain Basic Financial Skills
When the city of Seattle opens six “Financial Empowerment Centers” in 2014 to help vulnerable consumers gain fundamental financial skills, Community Tellers from Express Credit Union and Express Advantage will play a significant role.
The fight over the use of eminent domain for underwater mortgages is heating up in California. It’s a strategy that is gaining traction and the city of Seattle is said to be considering similar options.
Several credit union professionals in Oregon’s Lane County took up the advocacy mantle this week, hearing from candidates and meeting with legislators to share the credit union difference.
City of Portland Releases Second Investment Portfolio Summary Since Making ‘Responsible Banking’ Deposits
The city of Portland has released its second Investment Portfolio Summary since making its first public funds deposits with a group of 10 credit unions and banks in May as part of Mayor Sam Adams’ Responsible Banking Resolution.
Unitus Community Credit Union reported receiving a public funds deposit from the city of Portland in June, marking the third Oregon credit union to take such a deposit as part of the city’s recently passed Responsible Banking Resolution.
The weekly Regulatory Advocacy Update outlines the NWCUA’s efforts to reduce the regulatory burden on credit unions and protect the larger movement. Included here are updates on Portland’s responsible banking resolution and an NCUA online initiative.
More than 20 volunteers from Portland-area credit unions teamed up to mentor 70 fourth and fifth graders for a day at Junior Achievement BizTown. For the students, it was a real-life financial responsibility lesson.
Last fall’s Bank Transfer Season resulted in increased membership and greater public awareness of credit unions, even among legislators, with many officials pushing to deposit public funds in credit unions as part of broader support for the movement.
The Oregon Bankers Association spoke out in opposition of Sam Adams’ Responsible Banking Resolution, which would increase credit unions’ ability to accept public funds. Meanwhile, a similar public funds bill in Washington is nearing passage.
Portland Mayor Sam Adams requested input last week on his Responsible Banking Resolution, a proposal that could impact Oregon credit unions. He answered several questions on the subject in this Anthem e-interview.
Portland’s mayor is seeking input on a Responsible Banking Resolution, which recommends Oregon credit unions be allowed to accept public funds. Meanwhile, Rep. Suzanne Bonamici will be sworn in today and continues to emphasize raising the MBL cap.
Bill to Raise Public Deposit Level for Credit Unions Receives First Hearing in Washington Legislature
The NWCUA’s effort to modernize Washington state’s public depositary laws received official support from the State Treasurer’s office and the city of Seattle yesterday during the new legislative session’s first hearing of the Senate Financial Institutions and Insurance Committee.
Portland Mayor Sam Adams will pursue a plan to move Portlandâ€™s funds out of national banks and into local credit unions, supporting mayoral candidate Jefferson Smithâ€™s challenge for the city to keep its money in local financial institutions.