The 2016 election cycle brought forth an outstanding slate of candidates.
Five Northwest credit union professionals have accepted appointments to the Northwest Credit Union Foundation’s Board of Directors Nominating Committee. Their task will be to help facilitate the Foundation’s governance model.
A meeting of the Financial Accounting Standards Board, Friday, included proposed changes to the Current Expected Credit Loss model of measuring credit impairment for credit unions.
Kotek shared her top three reasons for being a fan of credit unions, as well as two of her priorities for the 2016 Oregon legislative session.
The NWCUA finalized its 2015/2016 Board of Directors, moving to a nine-person Board from the previous eleven seats.
The evolution from a District-based to an at-large governance model will serve the foundation, the movement, and the communities of the Northwest for years to come.
The 2015 NWCUA Board Election is the first under new at-large governance model, featuring a new diverse Nominating Committee structure.
The new bylaws, created by work group of credit union leaders, includes updates to cover evolving governance practices.
A workgroup to update Washington’s model bylaws for state charters is seeking input from Washington’s credit unions to create a flexible, future-focused document.
Auto and home insurance programs are a proven way for credit unions to increase products per member, build non-interest income, and help members protect their investments in their home or vehicle. CUNA Mutual’s TruStage Insurance Agency may provide the best, turnkey options.
What’s the best option for structuring an auto and home insurance program — build it from the ground up? Collaborate with a third party? Outsource the whole thing? CUNA Mutual Group takes a look at all of the pros and cons.
Hidden among the hundreds of cars that you’ll find at February’s Portland and Spokane auto shows are some real gems. They aren’t the speediest, spendiest or flashiest, automotive journalist John M. Vincent says in Part V of “Putting Members in the Driver’s Seat,” but they’re all cool in their own way.
A work group of NWCUA and Washington credit union staff has collaborated with the DFI in reviewing the model bylaws for state chartered credit unions. Their work continues, but has already resulted in a revisions bulletin from the state regulator.
The American Bankers Association has asked President Obama to abolish credit unions’ tax exemption. In a letter to the White House last week, ABA president/CEO Frank Keating called the exemption “a depression era tax break that has outlived its purpose.”
In the first two weeks of a national call to action to protect credit unions’ tax status, more than 5,500 grassroots contacts were made with Congress by Northwest advocates.
Northwest credit unions are educating their members about the benefits of the tax model and asking them to contact Congress. Many are using their social media and websites to connect with members for this important discussion.
Credit union directors will be more effective if they understand the difference between governance and management, and which of those roles they should play. Steve Winninger, a renowned credit union industry consultant, will enlighten directors by sharing the Policy Governance® model at the NWCUA Volunteers’ Conference June 7-9.
Legislation improving the credit union charter in Washington has taken another step towards passage. SB 5302 is now headed for a vote in the House.