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NCUA Exam Workgroup Recommendations Released
The Exam Flexibility Initiative was announced earlier this year, and seeks to streamline exam processes for well-managed, low-risk credit unions.
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NCUA Previews Additional Exam Cycle Changes
The meeting also featured a quarterly update on the National Credit Union Share Insurance Fund.
NCUA Seeking Comment on Exam Modernization Efforts
Exam Flexibility Initiative looking to collect experiences and ideas from credit unions.
Northwest Credit Unions Celebrate Financial Fitness Day
Credit Unions around the Northwest—and around the country—celebrated Financial Fitness Day on April 6. Here is a rundown of the stories shared on social media with the #FinancialFitnessDay hashtag.
Legal Briefs
Your weekly update on the regulatory landscape.
Invest In America: Support Financial Literacy with ‘Biz Kid$’
By allocating a small portion of the inventive earned through partnership with Invest in America, credit unions can continue to support the credit union movement’s investment in financial education for America’s youth with limited impact on the bottom line.
Industrial CU Teams With Filene to Pilot LIFT Program
Industrial Credit Union in Bellingham, Wash., is one of five credit unions piloting a program in conjunction with the Filene Research Institute to study auto loans held by members with low credit scores.
NCUA Chairman Launches Regulatory Modernization Initiative
NCUA Board Chairman Debbie Matz launched a “Regulatory Modernization Initiative†to keep credit unions safe and sound while relieving regulatory burdens. The initiative will introduce new rules, revise existing rules and establish several regulatory relief efforts.
Washingtonians Narrow Ballot Initiatives to Three
This Washington legislative update covers the various initiatives on the ballot in November, including tolling and privatizing liquor stores.