Harborstone Slated to Merge With TULIP Cooperative

If approved by regulators, the merger would take effect on September 1.

New NCUA Grant Round Offers $10,000 to Reach Your Members Digitally

As mobile and online banking become the primary ways Americans access their accounts, these grants offer great opportunities for credit unions to boost their competitiveness in the digital marketplace.

NCUA has $2 Million Grant Fund for Low-Income Credit Unions

The NCUA has $2 million to give to low-income credit unions looking to launch new products, grow capacity, develop a digital presence, or invest in cyber-security infrastructure. Applications are being accepted through June 30.

NCUA Eases Secondary Capital Supervisory Policies

Changes make it easier for low-income credit unions to obtain secondary capital and give investors greater clarity.

NCUA Grant Money Available for Low-Income Credit Unions

Grant round open for training staff and hiring interns; applications take only minutes.

Regulatory Year in Review

Northwest credit unions fought for fair regulations on risk-based capital and many other fronts in 2014, notching substantial victories.

Northwest Credit Unions Awarded Ten Percent of NCUA’s “Round Two” Grant Pool

In an extraordinary demonstration of collective action, 24 Northwest credit unions worked together to win a Collaboration Grant from NCUA that will fund a package of compliance tools for a full year.

$1.2 Million Available in NCUA’s Second Round of Grants to Low-Income Credit Unions

The National Credit Union Administration will make $1.2 million available to low-income credit unions in the second round of Community Development Revolving Loan Fund grants for 2014. Applications will be accepted June 2-30.

Last-Minute Application Turns into NCUA Grant for Cutting Edge Credit Union

It only took Cutting Edge Federal Credit Union 90 minutes to get its low-income designation and another 10 minutes to apply for an NCUA grant. A month later, the credit union was awarded $2,500 to help it apply for CDFI certification and gain access to more resources that it can use to help members and the community.

NCUA To Award First Round of Grants for CDFI Certification Applicants, New Products and Summer Internships

Low-income-designated credit unions can receive as much as $16,500 for CDFI certification, new products and student internships when the National Credit Union Administration awards its first round of technical-assistance grants in 2014. Applications will be accepted Feb. 3-14.

Three NW Credit Unions Win CDFI Grants To Help Low-Income Communities

Three Northwest credit unions have been awarded nearly $700,000 from the U.S. Treasury Department’s Community Development Financial Institutions fund for financial and technical assistance. The awards enable CDFIs to increase lending and investments in low-income and economically distressed communities.

NCUA Grants Will Help Six Northwest Low-Income Credit Unions Offer New Products, Train Staffs and Extend Financial-Literacy Outreach

Six low-income credit unions in Oregon and Washington will be able to expand services, offer new products and provide educational opportunities in the communities they serve as a result of grants awarded by the National Credit Union Administration.

Northwest Credit Unions Receive Grants from the NCUA

Six Northwest credit unions will be able to expand services, offer new loan products and provide educational opportunities thanks to grants awarded by the NCUA.

$1.8M in NCUA Grants Available to Low Income Credit Unions

The NCUA is making over a million dollars in grant money available to credit unions with LICU designation. The grants can be applied toward a number of priorities including computer modernization and financial literacy.

NCUA to Award $50,000 Grant to Low-Income Credit Union

The NCUA’s Office of Small Credit Union Initiatives is seeking grant proposals from low-income designated credit unions that will result in long-term savings to a credit union through collaboration. The winning credit union will receive $50,000 in grant funding.

Legal Briefs

Your weekly update on the regulatory landscape.

Legal Briefs

Your weekly update on the regulatory landscape.

NCUA Extends LICU Response Time to 90 Days

Through a board action today, the NCUA extended the response time to accept low-income credit union designation, giving newly eligible credit unions an additional 60 days to file.