Compliance Center: DOL Releases Final Fiduciary Rule Amendments

The Department of Labor (DOL) recently released the Final Rule defining the circumstances in which a person who provides investment advice in connection with a retirement plan or individual retirement arrangement (IRA) acts as a fiduciary under the Employee Income Security Act (ERISA).

Compliance Center: NCUA Releases Exam Priorities for 2016

The National Credit Union Administration recently released a letter highlighting their supervisory priorities for 2016; plus your question on IRS forms answered, and this week’s legal briefs.

What Financial Questions Do People Google Throughout the Year?

Google drew on its vast database of searches to show financial institutions what people search for each month. The results will be useful as marketers plan their calendars.

BECU Lowers Interest Rates for Over 30,000 Members

The credit union’s members will save nearly $3 million thanks to its Reprice Program, which proactively evaluates members’ credit scores and payment histories and lowers rates where possible.

BECU Lowers Interest Rates for Over 30,000 Members

The credit union’s members will save nearly $3 million thanks to its Reprice Program, which proactively evaluates members’ credit scores and payment histories and lowers rates where possible.

Compliance Center: How Does Your 2007 Credit Card Agreement Hold-Up?

A Massachusetts court ruling may make you want to revisit your agreement language; your question answered about TILA/RESPA timing requirements; plus this week’s legal briefs.

Compliance Center: FCC Issues Telemarketing Rulings

Get the scoop on the FCC’s new telemarketing rulings; your question answered about collecting payments from active duty service members; plus this week’s legal briefs.

Compliance Center: NCUA Releases Agenda for April 30 Board Meeting

NCUA agenda set; your question answered on charging fee for dormancy; plus this week’s legal briefs.

NCUA Releases 2015 Exam Priorities

Priorities are similar to last year, including cyber security, interest rate risk, and money servicing businesses.

RBC, Interest Rate Risk Rule Discussed at Fall Meetings With NCUA

The NWCUA learned that the regulator is taking comments on RBC seriously. Expect new proposal and separate rule for interest rate risk.

Four Things That Improve Auto-Loan Refinance Results

Consumers are returning to car dealerships, which means big opportunity for credit unions that are prepared. Here are four things to help you capitalize.

Credit Union Movement Writes Huge Savings “Check” to Northwest Members

Credit union membership saved the Northwest’s 4.5 million members $280 million in the past year. The tangible savings story is a good one for credit unions to share with the public.

Compliance Center

The latest from the NCUA following the June board meeting, the week’s legal briefs and the “question of the week”.

Credit Union Movement Questions WSJ Article on Interest Rate Risk Management

An article in the Wall Street Journal is drawing fire within the credit union movement. The publication quoted NCUA Chair Debbie Matz sharing concerns about credit unions’ interest rate risk management.

Northwest Credit Unions Record Impressive Growth in Assets, Membership and Deposits

Northwest credit unions continue to trend well, according to an analysis of Q4 financial data by the NWCUA. Asset growth, ROA and net worth are all increasing, while charge-offs and delinquency ratios continue to decline.

Oregon Legislative Update: Short Session Ends with a Flurry

After 33 days, the second short legislative session in Oregon’s history adjourned on March 7 with a flurry of mostly small, technical bills and minor budget adjustments. Several controversial measures were left on the table, but lawmakers did pass bills of interest to credit unions.

Compliance Center: NCUA Issues Final Rule on Derivatives to Mitigate Interest Rate Risk

The National Credit Union Administration board has adopted the final rule to give federal credit unions limited authority to use derivatives to mitigate interest rate risk. Also in today’s Anthem: Legal Briefs and the Question of the Week: What happens to a guardianship when the incapacitated person passes?

Oregon Lawmakers Prepare a Host of Bills for Upcoming Legislative Session

Gun control, marijuana and Cover Oregon were among the key issues on the agenda when Oregon lawmakers gathered in Salem last week for the third and final series of interim committee meetings leading to the Feb. 3 opening of a short legislative session.