CUs Have a Chance to Influence Economic Agenda Heading Into Leadership Summit

Join leaders from across Oregon’s public and private sectors to discuss these issues and shape the agenda for the year ahead.

Rogue Credit Union President & CEO Gene Pelham Gives Rural Oregon a Voice on the Fed

A recent appointment to a Federal Reserve advisory council gives this busy CEO yet another chance to represent and support Northwest credit unions and their members.

Obama to Nominate McWatters to Export-Import Bank Board, Leaving NCUA Vacancy if Confirmed

President Barack Obama announced his intent to nominate J. Mark McWatters to the Board of Directors of the Export-Import Bank of the United States. If McWatters is confirmed, that leaves a vacancy on the NCUA Board, where he has served for less than 18 months.

Obama to Nominate McWatters to Export-Import Bank Board, Leaving NCUA Vacancy if Confirmed

President Barack Obama announced his intent to nominate J. Mark McWatters to the Board of Directors of the Export-Import Bank of the United States. If McWatters is confirmed, that leaves a vacancy on the NCUA Board, where he has served for less than 18 months.

DFI Issues Request for Comments on Semi-Annual Assessment Fee Collection

Credit unions are encouraged to file comments before the October 14 cutoff regarding the proposed changes, as well as other questions or concerns about assessments.

CUNA Sends Field of Membership Reform Recommendations to NCUA

In an important letter to the NCUA, CUNA laid out detailed recommendations for the reform of field of membership requirements.

Northwest Credit Unions Launch New Exam Reporting Tool

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

‘Life on the Edge 2’: Engaging All of Kitsap County in the Fight Against Poverty

It started as Cathy Brorson’s Development Educator project, but “Life on the Edge” has become a rallying point in Kitsap County for the fight against poverty. Next week’s gathering will focus on identifying priorities and creating the kinds of programs that can sustain change.

NCUA Issues Regulatory Alert Regarding Ability to Repay and Qualified Mortgage Rules

The National Credit Union Administration has issued a regulatory alert to all federally insured credit unions focusing on the Ability-to-Repay (ATR) and Qualified Mortgage (QM) requirements that go into effect on Friday, Jan. 10.

Mr. Metsger Goes to Washington: An Exclusive Interview with Rick Metsger, the NCUA’s Newest Board Member

New board member Rick Metsger says he’ll bring a Northwest perspective to the NCUA, along with a belief that “we can meet our regulatory responsibility while working to not unduly burden well-meaning credit unions.”

Northwest Credit Union Execs in D.C. to ‘Hike The Hill’

Northwest credit union executives are in Washington, D.C., this week to meet with U.S. representatives and senators as part of Northwest Credit Union Association’s “Hike the Hill” program.

Governance Guidance: NASCUS Training Helps Volunteer Directors Stay Sharp

NASCUS will host a day-long credit union board of directors training in Tukwila, Wash., on April 22 to enhance volunteer directors’ understanding of their statutory, fiduciary and regulatory responsibilities.

NCUA Leadership to Region V Credit Unions: Expect Exam Modifications

Credit union league and association leaders met with representatives from NCUA Region V this week to discuss mutual concerns and work to modify the examination process for all credit unions.

Northwest Credit Unions Have Impact in Meetings with Federal Legislators

More than 230 Northwest credit union advocates hiked the Hill in Washington, D.C., this week for face-to-face meetings with 13 of the region’s congressional representatives and all four U.S. senators. The messages: protect our cooperative tax structure, pass MBL and supplemental capital, and reduce our regulatory burden.

President Obama Issues Cybersecurity Executive Order

President Obama signed an executive order Tuesday aimed at improving information-sharing about cyber threats between the government and industry and at establishing a risk framework and best practices for businesses.

CFPB Issues Semiannual Regulatory Agenda, Mortgage Lending Changes Anticipated

The CFPB issued its semiannual regulatory agenda today and as soon as tomorrow is expected to begin issuing final rules that will impact mortgage lending, including changes to loan originator compensation, disclosures and more.

Warning: Unplugged Remarks from CUNA Chair May Alter Your Industry Outlook

At next week’s Convention, CUNA’s Mike Mercer will share behind-the-curtain insight on national strategic issues not usually seen outside of closed offices on Capitol Hill.

Canadian Credit Union Panel Set to Discuss Shared Issues, Collaborative Opportunities

“Our resources are being stretched, and there is a new federal rule that will soon begin coming into play that regulates credit unions on a federal level,” said Dominic Vinci, vice president and COO of Canada’s Interior Savings Credit Union. “Regulation in Canada is vigorous and getting worse.”