The donation comes after overwhelming demand for assistance from the Carolinas Credit Union Foundation following recent flooding there.
The 2016 National Youth Involvement Board Conference will offer strategies for credit unions looking to revamp youth accounts and youth & family marketing programs.
Credit Unions around the Northwest—and around the country—celebrated Financial Fitness Day on April 6. Here is a rundown of the stories shared on social media with the #FinancialFitnessDay hashtag.
Co-Op Passes Along Benefit of Sale of Ensenta Stock to Shareholding Credit Unions
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.
During a contentious session that had to weather the resignation of one governor, credit union bills prevailed thanks to strong advocates throughout the region.
The bill fixes a disparity in how certain real estate loans are classified, allowing credit unions to provide more capital to the small businesses that create jobs and fuel growth in our communities.
Through counseling and strategic credit, a Washington family regained their financial footing with help from Newrizons Federal Credit Union.
Thousands of credit union members and advocates are expected to join in a “Don’t Tax My Credit Union” rally in Washington, D.C., on Wednesday—even if they can’t actually make it to the nation’s capital. The event will stream live on the Internet at http://www.DontTaxMyCreditUnion.org.
Credit union members and advocates are invited to join in a “Don’t Tax My Credit Union” rally at The Credit Union House in Washington, D.C., on Oct. 2—even if they can’t actually make it to the nation’s capital. The event will stream live on the Internet at www.DontTaxMyCreditUnion.org.
Retired BECU President/CEO Gary Oakland says he looks back on his 38-year credit union career and hopes “that I made a positive difference.” But Oakland, winner of the 2014 Herb Wegner Memorial Award for Lifetime Achievement, needn’t worry. Evidence of his impact is everywhere.
The Consumer Financial Protection Bureau is expected to amend its mortgage rules in response to lender concerns. Lenders are expected to support the changes but may have concerns about meeting the implementation deadlines.
Northwest credit union professionals taught financial basics to at least 65,000 people last year. Pooling presentation resources, partnering with other community organizations and sharing models for working with school districts will elevate that already strong performance. A Best Practices Roundtable June 25 will set those goals in motion.
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.
The Washington DFI offered clarification on regulations related to use of the terms “audit committee” and “supervisory committee” and to credit unions’ investment options for funding employee benefit obligations. An additional interpretive response is anticipated soon as well.
Your weekly update on the regulatory landscape.
The Financial Institutions Security Task Force (F.I.S.T.) is a cooperative effort aimed at reducing crimes committed against financial institutions. The group includes representatives from banks, savings and loans, and credit unions, as well as from local, state and federal law enforcement.
If our member gave someone his credit card number to make an online purchase and that person takes the number and purchases several other times against the Visa, what is the credit unions liability? Would we have to refund the member for the purchases that were made with the Visa, or would the member need to take action against the person who made the transactions against their account?