The NWCUA called on the NCUA to withdraw its recently-proposed rule, which would grant the NCUA unprecedented access to CUSOs, stating that the proposal would give the NCUA powers beyond congressional intent and would unfairly put credit unionsâ€™ NCUSIF coverage at risk.
Credit union volunteers helped open the 2011 NWCUA Convention and Annual Business Meeting with an open roundtable session on key issues facing boards of directors. The discussion included strategies for recruiting new and younger board members and weathering increasing regulation.
Over-regulation, compliance, staff training and growing business in a highly competitive landscape mean always-full plates for credit union leadership. Town hall meetings have been scheduled around the region so membership can have an open dialogue with the Associationâ€™s leadership, as well as learn more about the redistricting plan.
This yearâ€™s road show will outline a redistricting plan, highlight various Association achievements, and address membership concerns.
The June meeting of the Associationâ€™s Board of Directors both celebrated the results since its January formation and focused on challenges ahead for the Northwest credit union system.
CUNAâ€™s regulatory update includes details about interchange efforts, plus a preview of the NCUA Board meeting.
The latest news about the Credit Union National Association’s regulatory advocacy efforts.
NWCUA President Troy Stang met with NCUA Chairman Debbie Matz and hand delivered a letter signed by multiple credit union trade groups.
With credit unions and banks aligned in their efforts to convince regulators and lawmakers to delay implementation of restrictions
on debit card interchange fees, the Federal Reserve Board has stated that any attempt to amend or delay the controversial rule is out of its hands and must start with Congress.