Around the NW
BECU Opens First Burien Neighborhood Financial Center
Financial center will bring convenient financial services to more than 21,000 BECU members in Burien, Washington.
Anthem
Advocacy News
NCUA: Exam Guide to Include MBL, Commercial Lending Guidance
Effective January, the guidance was sought by the CUNA-League system. The significant news for credit unions represents the latest component of the agency’s online Examiner Guide.
OCCU Announces New Olympia Branch
The project is part of the Steamboat Square development.
Advocacy News
Metsger to CFPB: Exempt Payday Alternative Loans in Proposed Rule
The NCUA Chair says the agency regulations provide the necessary consumer protection.
Compliance News
MLA Amendments: What They Mean for Your CU
The Military Lending Act amendments officially went into effect on October 3.
Compliance News
Compliance Center: Compliance is a Burden. We Can Help.
Your Association has a bevy of resources to help untangle the compliance burden credit unions face every day.
Military Lending: Basic Training
Strategic Link partner CUNA Mutual Group details the final rule from the DoD on the Military Lending Act.
Compliance News
Marketers Using Google Adwords Should Take Note of Recent Policy Changes
Recent changes to Google Adwords policies regarding personal loans are notable for those credit unions using Google Adwords as a marketing vehicle.
NCUA: Personal Guarantee Waivers No Longer Required for Member Business Loans
Under certain circumstances, credit unions may now make member business loans without requiring a personal guarantee.
Relationships Help Credit Unions Capture Growing Auto Loan Market
Northwest credit unions continue robust auto lending in a “hot” market. Data from CUDirect and Callahan & Associates finds Washington credit unions grew the category by 56 percent since late 2011, while Oregon credit unions increased by 34 percent.
People Helping People Spotlight: STCU Steps Up with Low-Interest Storm Loans
When a deadly windstorm pummeled the Inland Northwest, STCU quickly offered members low cost emergency loans. The results: 200 loans and $1 million to “get it fixed.”
Compliance Center: Regulators Release Updates to Unified Agendas
Get details on the updated Unified Agendas of the CFPB, NCUA, and other federal regulatory agencies; your question answered about Reg E claims where no error occurred; plus this week’s legal briefs.
Credit Unions Answer Student Debt Need
Student debt has become Millennials’ financial Achilles’ heel. True to their mission, credit unions are aligning with Millennial members to consolidate student loans and create a path to financial strength.
Filene 2025: Optimism for Credit Unions in Whole New FI World
A new report from Filene lays out the disruptive changes credit unions can expect in the next decade, and the case for optimism about the credit union movement.
Peninsula Credit Union Receives $2 Million for Financial Education and Low Income Outreach
The credit union will use the funds to expand access to affordable loans for families in need in their communities, and to increase financial education and outreach.
Credit Unions Experience Fastest Loan Growth in Their History
Latest CUNA Mutual Group report highlights record $10.2 billion in loans added by credit unions, plus membership growth hits its fastest rate in two decades.
GM Credit Union Discount Program Sunsets
After nearly seven years of success driving car sales and credit union loans, GM will suspend the program this October.
Submit Your Comments on the NCUA’s Member Business Lending Proposal
Read the NWCUA’s draft comment letter, join a CUNA webinar on the proposed bill, and get your comments in by the August 31 deadline.