Northwest credit unions are being urged this week to warn their members about a wave of email scams that solicit the wiring of money to stranded victims in the Philippines in the wake of Typhoon Haiyan.
The Consumer Financial Protection Bureau (CFPB) just released four guides to help financial caregivers understand their role as a fiduciary.
What’s the right way to establish—and manage—credit? Are allowances a good thing? And how do families talk about the impact of unemployment? Parents and children can find answers to those questions and more on The Money Jar, a fun and informative podcast produced by Junior Achievement of Oregon and Southwest Washington.
The Consumer Financial Protection Bureau is urging consumers to tell student-loan lenders and servicers how to apply additional payments to their loans so that they can save money and pay down debt more efficiently.
If you have a 401(k) account still being administrated by a former employer, avoid two common—and potentially very costly—mistakes people make in this situation: cashing out the account early or ignoring the account.
Gary M. Stein, a longtime a journalist and former Managing Editor for Custom Publications at The Oregonian in Portland, has joined the Northwest Credit Union Association as its member communications evangelist.
How do I know whether someone has passed me counterfeit money, and what do I do if they have?
The regulatory alert reminds credit unions of recent major changes to the Consumer Financial Protection Bureau’s remittance transfer rule, and also serves to remind credit unions of the Oct. 28, 2013, compliance date.
Certain transactions may be red flags for money laundering. Our Compliance Question of the Week shares some examples.
Three Kitsap County credit unions are collaborating for the second public event this year designed to help members cope with economic concerns. The next event, scheduled for Wednesday, will offer money management workshops.
Vehicle repossession takes on a new challenge when there are items in the car. This week’s compliance question tackles the issue of what to do.
Our Strategic Link Question of the Week examines a streamlined card services program.
Oregon’s expanded Credit Union Public Funds Collateralization Program launched Monday, giving government entities more local options for deciding where to deposit their funds. Five cities have already agreed to deposit funds in credit unions in excess of the $250,000 insurance limit.
Next Monday, six Washington credit unions will launch Save to Win, a program that offers consumers a chance to win monthly and annual cash prizes as a reward for building financial assets.
Does one joint owner on an account have the right to remove all of the money in the account?
Gesa Credit Union employees took part in a one-day Habitat for Humanity volunteer event in Richland last month, and the credit union donated an additional $3,500 to the organization’s Volunteer Appreciation Night in Wenatchee.
The beneficiary on a Representative Payee account has requested a loan. What do we do? Can the beneficiary use the SSI payments this way?
The height of last year’s Bank Transfer Season had many credit unions scrambling to keep up with demand from consumers wanting to switch from a big bank to a local credit union. A new program from BancVue called Kasasa has made it easier for consumers to switch while helping smaller institutions match the scale of the national banks.