Credit union league and association leaders met with representatives from NCUA Region V this week to discuss mutual concerns and work to modify the examination process for all credit unions.
Gary Tantleff, managing director of investments for the Credit Union Advisory Group (CUAG) at UBS Financial Services, was recognized for the third time this year as one of Barron’s “Top 1000 Financial Advisors,” and for the first time ever, he was named the top financial advisor in the state of New Jersey.
NCUA Chairman Debbie Matz hosted a town hall with CFPB Director Richard Cordray Tuesday, addressing topics such as upcoming proposals, finalized rules and examinations.
CFPB Regional Director Discusses Agency Priorities, Mortgage-Lending Rules with Northwest Credit Unions
Edwin Chow, regional director of the CFPB, told a group of more than 30 Northwest credit union professionals that the bureau’s focus will continue to be on financial institutions with more than $10 billion in assets and on non-federally regulated entities, such as mortgage lenders and brokers, consumer reporting agencies, and payday lenders.
Before the ink has even dried on the CFPB’s rules implementing Dodd-Frank mortgage requirements, Northwest credit unions will have the opportunity for face-to-face dialogue with Edwin Chow, the agency’s regional director, through an exclusive discussion session on Feb. 4.
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.
As expected, the CFPB released another final mortgage servicing rule today, following the three issued last week and this week’s multi-agency rule on appraisals for higher-priced mortgages. Two additional rules related to mortgage appraisal and mortgage loan originators are expected by Jan. 21.
More than 1,200 bills were introduced yesterday in the Oregon Legislature, including two at the request of the House Interim Committee on Revenue with potential ramifications for credit unions.
On Jan. 24 from 10-11 a.m., the Washington Government Affairs Committee will be hosting a regulatory panel discussion featuring Scott Jarvis, Linda Jekel, Scott Hunt and Mike Dyer. All credit union employees interested in the rapidly changing regulatory environment are invited to attend.
The NWCUA is seeking nominations for an interim director to fill the District 7 board seat vacated by the resignation of Prevail’s Tom Graves. Nominations are due by Dec. 28, 2012.
A small group of Northwest credit union leaders met with CFPB Director Richard Cordray at the Seattle Central Public Library on Wednesday to learn more about the bureau’s operations and direction and to share concerns with the agency’s leaders.
A Medford credit union professional takes on a unique dual role, serving both Rogue Federal Credit Union and the Western CUNA Management School.
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 an update on the Association’s involvement in an upcoming NCUA Listening Session.
The online home for the NWCUA 2012 Convention and Annual Business Meeting is now live, offering the first chance to register and to learn more about this year’s speakers, sessions and schedules.
When credit unions need compliance help, they need rapid response. They get it from the Northwest Credit Union Association, and Mary Sroufe is one of the people to thank for it. Sroufe is heading into private practice where she will focus on elder and compliance legal issues.
According to nationally renowned credit union executive coach Yvonne Evers, the ideal relationship between a credit union CEO and his or her board of directors involves finding the sweet spot between micromanagement and rubber-stamping.
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 a meeting with regional NCUA leaders and extended CFPB comment periods.
This Oregon Legislative Update outlines the latest action in the current legislative session, which includes the passage of two mortgage bills out of a Senate committee and the confirmation of Pat Allen as director of the Oregon DCBS.