In the first meeting since the Washington Credit Union Act was updated by the state legislature, the Department of Financial Institutions met with credit union leaders to discuss the rule-making process that will define “reasonable” board compensation.
Washington credit union regulator Linda Jekel has received the national Pierre Jay award from the National Association of State Credit Union Supervisors. The honor was presented in Denver this week.
A candid conversation with state regulators highlighted the NWCUA’s Governmental Affairs Forum. NWCUA staff and state regulators shared information and answered questions as credit union professionals voiced concerns on a number of key issues.