HB 1327, known as the Public Funds Bill, passed the Washington State House on Jan. 30, and floor action is expected in the Senate this week. A number of other pieces of legislation affecting credit unions saw action last week as well.
With the Oregon Legislature beginning a short session on Feb. 1, the NWCUA Oregon Legislative Leadership Summit will bring credit union leaders in the state together in a targeted effort to shape the future of the credit union movement.
Credit union leaders have a rare opportunity to meet face-to-face with the Filene’s Denise Gabel and regulators from Washington and Oregon at the year’s first Leadership Symposium in Portland on Feb. 10.
This Oregon legislative update previews the upcoming February session in the state legislature, which marks the first “short session” as part of Oregon’s new constitutional plan for annual legislative sessions.
A bill to increase the limit on the amount of public funds that credit unions can accept in the state of Washington took another step toward passage, receiving a positive recommendation after a hearing in front of the Washington State Senate Financial Institutions, Housing & Insurance Committee.
Your rundown on the regulatory landscape.