CFPB Wants to Hear From You

Our newest government agency is starting up with a…well, a tweet actually. The Consumer Financial Protection Bureau has already become a presence in social media and is offering Americans the opportunity to share suggestions, ideas, and comments — become a friend on Facebook or post a video on YouTube.

Free NWCUA Video Fulfills Vulnerable Adult Training Requirement

Credit unions operating in Washington state are required to train their member facing employees to recognize vulnerable adult abuse. Throught the NWCUA, receiving this training is just one click away.

Credit Union High School Branches Give Teens Access to Financial Education

Northwest credit unions made it on to a distinguished top-10 list recently for the number of its credit unions operating in-school branches. Ranked seventh and ninth, respectively, Oregon boasts eight credit unions operating branches in 34 schools, while there are nine Washington credit unions operating branch offices in 25 schools across the state.

Federal GAC: CUNA Warns Reg Burden is Growing ‘Crisis’

CUNA President & CEO Bill Cheney told a House subcommittee on Wednesday that credit unions face a crushing “crisis of creeping complexity” under a steady accumulation of regulatory requirements.

NWCUA Federal Legislative Week in ReviewCopy

The latest news about NWCUA efforts in Washington D.C.

CUNA Honors Two Northwest Credit Unions

Calcoe Federal Credit Union and Horizon Credit Union were recognized at the CUNA National Awards reception last week for a fundraiser service project and financial literacy efforts.

Continued Attacks on Revenue Sources Pose Challenges for Credit Unions in 2011

As the Federal Reserve moves closer to implementation of the new interchange law, financial institutions across the country are concerned about how they will be affected by the possible loss of interchange fee income.

U.S. Government Places Wall Street on Hook for $50 Billion in Corporate CU Losses

Clearly placing the nation’s financial crisis in the laps of Wall Street bankers, The National Credit Union Administration (NCUA) is threatening to sue several investment banks for their role in packaging bonds backed by poor quality mortgage securities.

Story Dares to Ask: Are Credit Unions Better Than Banks?

A recent story in the Wall Street Journal received some big time national play for stating what anyone familiar with credit unions already knew: people just like credit unions.

May You Live in Interesting Times

Living in interesting times would be an apt description of these last couple of years, and with the passing of the Financial Reform Act things will only get more interesting, at least as far as compliance is concerned.

Four Ways to Use Social Media in Your Credit Union’s Marketing

Is your credit union using social media to engage members? While you may have questions and are not sure where to start, using social media is really very simple.

Consumer Financial Protection Around the World

The Filene Research Institute’s recent research titled “Consumer Financial Protection: U.S. Proposals and International Experience” describes the experiences of credit unions around the world that operate under similar consumer protection schemes that the U.S. has recently created.

Regulation Continues to Expand in Credit Union Land: The Dodd-Frank Act Brings a New Regulatory Regime

Dennis Dollar’s perspective on the latest regulations designed to protect consumers from another “too big to fail” financial industry debacle.

Biz Kid$ Wins 2010 Telly Award

The Emmy Award-winning series Biz Kid$, the youth-focused and credit union-funded financial education show on public television, has added yet another award to its trophy cabinet, collecting the 2010 Silver Telly for excellence in Financial Literacy Education Production.

Regulators Close Spokane Credit Union

News began to emerge Friday that regulators were in Spokane to close $11 million The Union Credit Union, which slipped below an allowable net worth.

General Sessions Set the Pace for Convention

The general sessions at the Washington Credit Union League Convention and Annual Business Meeting set the pace and tone for attendees’ daily activities and then help those attendees regroup at the end of the day.

Credit Union Community Service Month Coming this October

This October, the Washington Credit Union League launches its inaugural effort with about 30 of the state’s credit unions (so far) to track and coordinate credit union community service efforts with a goal to quantify the good work they do, and then tell the world!

2011 MoneySmart Week Set

Jump$tart Washington is organizing the first Washington Money Smart Week Campaign, a public awareness campaign designed to help consumers better manage their personal finances. It begins April 25.