NWCUA Rolls Out Cybersecurity Resource Center for Credit Unions

The F.B.I. has gone on record: it’s not a matter of if businesses and people are hacked, but when. Your Association’s Compliance team has created a resource center to help credit unions prepare and respond.

Northwest Credit Unions Offer Strong Response to TCPA Ruling

Citing unintended negative consequences, credit unions are engaging their regional and national advocacy system to work with regulators towards a solution.

Oregon Legislative Update: Committee Deadline Approaches

With credit union bills already passed houses of origin, Oregon Legislature approaches deadline for other bills.

Oregon Legislative Update: NWCUA’s Prize-Linked Savings Bill Passes Committee

House Business and Labor Committee unanimously votes to send prize-linked savings bill to the floor for a vote.

Northwest Credit Unions Launch New Exam Reporting Tool

Simple new exam form lets regulatory advocates see where exam improvements are needed.

Credit Unions Issue an ‘All Clear’ on Heartbleed Bug, but Urge Members to ‘Change Your Passwords’

Northwest credit unions moved quickly last week to assure their members that their online and mobile banking services are — and have been — safe and secure. But they joined some of the Internet’s biggest players in urging website users to change their passwords.

Legal Briefs

Your weekly update on the regulatory landscape.

Oregon DMV To Issue Alphanumeric Licenses, ID Cards

Oregon’s Department of Motor Vehicles will begin issuing driver’s licenses and ID cards Oct. 21 that use alphanumeric sequences instead of just numbers. The change may require modification to some technology systems.

CU Magazine Honors Seven Northwest ‘Rock Stars’ In Special ICU Day Issue

For seven Northwest credit union professionals, every day is about making the “People Helping People” philosophy a reality. That’s why Credit Union Magazine is honoring Lesley Carrell, Amy Davis, Manuel Hochheimer, Janet McNeilly, Jeanette Radmer, Teri Robinson, and Corlinda Wooden in a special “Rock Stars” edition released this week to coincide with International Credit Union Day.

Legal Briefs

Your weekly update on the regulatory landscape.

Buddy Gill, Senior Advisor to Chairman Matz, Discusses the “New NCUA” in Meeting with the Association

Northwest credit union representatives had a candid dialogue about the impact of the regulatory burden with Buddy Gill, senior advisor to NCUA Chairman Debbie Matz. Gill highlighted the “New NCUA” and detailed a number of positive industry trends.

Congresswoman Herrera Beutler Addresses NWCUA Convention

Washington Congresswoman Jamie Herrera Beutler received a standing ovation during a visit to the NWCUA Convention. She said support for member business lending is not a Republican or Democrat issue but is about employment.

Vermont Credit Union Fighting for Freedom of Speech in ‘Bank, Banker, Banking’ Issue

A $600 million Vermont credit union has become a champion for the industry and a pariah among banks for not backing away from a national issue affecting all credit unions and their ability to communicate clearly the scope of their activities.

Mortgage Loan Officer Renewal Issue Resolved

The National Mortgage Licensing System has resolved the issue of some Mortgage Loan Originators’ status showing as exempt, when they should have been eligible for renewal. The status for all Mortgage Loan Officers is now correct.

Credit Unions Continue Steady Push for MBL Cap Increase

Credit unions have been engaged in a long-term advocacy campaign ever since Sen. Harry Reid promised a floor vote for the credit union MBL bill in March. The bill remains on the Senate calendar and could therefore be called to the floor at any time.

Credit Unions ‘Fact Check’ ABA Talking Points, Continue to Rally MBL Support

As credit unions continue to push to raise the MBL cap, the banks continue to put up roadblocks. Credit unions have issued a document “fact checking” the ABA’s talking points against S. 2231 as Northwest credit unions continue advocacy efforts.

Repackaged MBL Bill Introduced in Senate Following CUNA GAC

After last week’s CUNA GAC, the credit union MBL bill has been repackaged and renamed. Senate Majority Leader Harry Reid has committed to seeing S. 2231 brought up for a debate and vote on the Senate floor.

Supplemental Capital Legislation Gathers Steam in D.C.

A bill was introduced in Congress last week that would allow credit unions to accept supplemental capital, enabling them to offer more affordable financial services to consumers and to grant more job-creating loans.