NCUA Announces Distribution of $865 Million to Members of Failed Corporate Credit Unions

The $865.5 million will be distributed to the capital account holders of the former Members United, Southwest Corporate, and U.S. Central Corporate credit Unions.

NWCUA Analysis of NCUA’s Sept. Board Meeting

The Northwest Credit Union Association’s Regulatory Affairs team monitors all board meetings and provides immediate analysis to Northwest credit unions.

NCUA Board Meeting Analysis

NWCUA is pleased to provide analysis of actions impacting credit unions

Senate Banking Holds Confirmation Hearing for NCUA Nominee Hauptman

The Committee began reviewing the qualifications for President Trump’s nomination of Kyle Hauptman to the NCUA Board of Directors

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Senate Banking Committee to Consider Hauptman Nomination Next Week

A committee hearing has been scheduled on the nomination of Kyle Hauptman for the NCUA Board of Directors

Announced at NCUA Board Meeting: Good News for Members of the Former Southwest Corporate Credit Union

A July distribution of $171 million is expected next month.

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President Trump to Nominate Kyle Hauptman to Succeed J. Mark McWatters on NCUA Board

Hauptman is currently a key advisor to Sen. Tom Cotton and the Staff Director of the Senate Banking Committee’s subcommittee on Economic Policy.

NASCUS Annual Summit Showcases New Commitment to Cooperation

The NWCUA team joined credit union regulators and stakeholders at the Annual Summit of the National Association of State Credit Union Supervisors (NASCUS).   The Northwest is being well represented at the meeting with strong credit union representation, regulators from all three states, as well as Association and league staff. One of the highlights of the […]

NCUA Western Region Meeting

On Thursday, April 4, the National Credit Union Administration’s Western Region Leadership team met with league executives and credit union executives from the Western Region to discuss ways to improve the examination process, support small credit unions, and implement new regulatory standards.  Those attending also highlighted areas of marked improvement in exam communication, and commended […]

NCUA Board Member Rick Metsger Addresses Northwest Credit Union Association Committee

On Thursday March 28, NCUA Board Member Rick Metsger and NCUA Associate Regional Director Mike Dyer addressed the Northwest Credit Union Associations Regulatory Advisory Subcommittee. Board Member Metsger provided the committee with an update on rules and regulations that the board may pursue, and insight on the board’s decision to lower the normal operating level–which […]

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NCUA Q4 Economic Report: Oregon Success Snapshot

Oregon credit unions topped the charts in many categories that measure financial health, in the latest NCUA quarterly report. We traveled to the C-suite for some insight.

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Northwest Credit Unions Shine in NCUA Q4 Economic Report

Idaho, Oregon, and Washington credit unions saw strong performance in key areas such as loan, asset, and deposit growth.

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Washington DFI Bulletin on Obtaining Audit Reports from Third-Party Providers

The Washington State Department of Financial Institutions (DFI) has released DCU Bulletin B-17-06 regarding obtaining audit reports from third-party providers.

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NW Preferred FCU Expands to Serve Insurance Professionals, Agencies Nationwide

The Portland-based credit union will leverage 75 years’ experience in the Northwest, to now serve insurance professionals across the country.

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GAC is a Wrap; Northwest Delegates Message CU Difference BIGLY

A delegation of 250 Northwest credit union advocates connected with 5,000 counterparts from every state in America at the CUNA Governmental Affairs Conference this week.