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Congressional Subcommittee Reviews TCPA

Subcommittee Chair Rep. Greg Walden called the TCPA a “a prime example of an outdated law that lags behind modern communications technology and consumer preferences.”

Now is the Critical Moment to File RBC2 Comment Letter

Less than one month left in the comment period for the latest NCUA risk-based capital proposal. Write your letter now.

NW Credit Union Leaders Descend on D.C.

Northwest credit union leaders met with congressional representatives, and regulators, in D.C., including new NCUA board member McWatters. They focused on RBC, regulatory burden and the Home Depot breach.

Online Tool to Communicate Credit Union Compliance Concerns Rolled Out

An online tool to help credit unions take concerns directly to state and federal regulators has been rolled out by the California and Nevada Credit Union Leagues.

Merkley to Matz: Listen Carefully to Credit Unions’ Concerns

Oregon Senator Jeff Merkley, in a letter to NCUA Chair Debbie Matz, supported credit unions’ concerns with the regulator’s proposed risk-based capital rule. Merkley noted current capital regulation is “a source of strength for their balance sheets.”

Northwest Credit Unions Urged to Continue Feedback to NCUA

The NCUA’s Listening Session later this month in Los Angeles gives credit union leaders a face-to-face opportunity to weigh-in on the agency’s proposed Risk-Based Capital Rule.

Association Town Hall Series Underway

The first of eight Town Hall Meetings scheduled for 2013 will take place at the end of March, giving credit union leadership in the Northwest an opportunity to voice concerns and discuss current issues with President and CEO Troy Stang, COO Denise Gabel and other Association staff.

Join Us for a Dialogue with CFPB Regional Director Edwin Chow

This is your chance to get your concerns adressed, as well as to advocate for beneficial changes to these rules prior to when they go into effect.

CUNA Mutual Group Convenes Select Credit Union Council

Credit unions are known for working cooperatively to better the entire movement. CUNA Mutual Group tapped into that strength by forming the Select Credit Union Council, bringing together forward-thinking leaders to address the unique challenges facing small and mid-size credit unions.

NCUA Proposal Would Triple Asset-Based Definition of ‘Small Credit Union’

As part of this morning’s NCUA board meeting, the agency proposed changing the definition of a “small credit union” to include those with up to $30 million in assets, up from the $10 million threshold established in 2003.

Regulator Meets Regulated at NCUA Listening Session in Denver

NWCUA representatives were on-hand along with credit union representatives from throughout the western states for the final NCUA Listening Session, led by NCUA Chairman Debbie Matz in Denver on Tuesday.

Compliance Question of the Week

What are potential financial concerns that may be red flags of financial exploitation of a vulnerable adult?

Regulatory Advocacy Update: Proposed Oregon Mortgage Servicing Rules Cause Concerns

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 is a call for comment on Oregon’s proposed mortgage servicing rule.

Supreme Court Ruling Creates Concerns, Opportunities for Credit Unions

The Supreme Court ruling mostly upholding the Affordable Health Care Act gives credit unions reasons to address compliance concerns for their coverage.

Regulatory Advocacy Update: CFPB Issues ANPR on Pre-Paid Cards

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 the CFPB, the NCUA and pending departure of the NWCUA’s Jaycee Winn.

Cordray: CFPB Goals Can Balance Soundness Concerns

The CFPB is not required to consider safety and soundness when taking regulatory action, but Cordray says the agency is working with other financial regulators to find a balance between protecting consumers and addressing safety and soundness concerns.

Association Provides Portal to Debit Discrimination Reporting

The NWCUA’s Regulatory Advocacy team works with state and federal regulators to help reduce the regulatory burden on credit unions and protect the credit union movement. Included here is an update on the debit interchange fee and the importance of reporting suspected instances of steering.

Regulatory Discussion Dominates NWCUA Governmental Affairs Forum

A candid conversation with state regulators highlighted the NWCUA’s Governmental Affairs Forum. NWCUA staff and state regulators shared information and answered questions as credit union professionals voiced concerns on a number of key issues.