“A key success was a special election victory by Suzanne Bonamici (D-OR). Bonamici’s win, which was made possible because of the great work of the Northwest Credit Union Association and its member credit unions, created a bond so strong that after being sworn into office her first action was co-sponsoring the House MBL bill.”
CUNA, with its network of 44 state and regional leagues/associations, counted more than 6,100 of America’s credit unions as members. In 2011, credit unions saw their membership at work through a long list of impressive accomplishments.
Peninsula Credit Union has named Northwest credit union stalwart Jim Morrell its new president and CEO, succeeding Steve Gorseth, who plans to retire in June.
The ICUL Service Corporation, a Strategic Link business partner, offers several programs to help credit unions compete with gift card and reloadable “stored value” debit cards, including a new series geared toward soon-to-be graduates.
An advance notice issued recently by FinCEN is soliciting public comment on an explicit customer due diligence obligation that could require financial institutions to identify beneficial ownership of their account holders.
The four federal financial regulatory agencies issued supervisory guidance on certain ALLL estimation practices. It addresses the responsibilities of financial institution management and examiners and builds on existing supervisory guidance.
We have a member who is both hearing and sight impaired. They are telling us that under the ADA laws, financial institutions are required to have TTY lines. Is this correct?
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 are updates on streamlined CFPB regulations and the NCUA’s suit against Wells Fargo.
Bob Schumacher’s 34-year credit union career began with CUNA and Affiliates in 1977, and included stops at the Florida and Washington Credit Union Leagues.
There were many important topics this year at the NWCUA Volunteers Conference; chief among them: dealing with the regulatory burden for volunteers.
A free webinar set for Tuesday, Feb. 15, and presented by Invest in America, will teach you how to take advantage of the program that increases the value of membership and stimulates the economy. The hour-and-a-half webinar begins at 1:30 p.m.
You’re invited to participate in the 2010 Credit Union Charity Ride for Doernbecher Children’s Hospital.