Northwest Credit Unions to Hand Out Stacks of Cash for International Credit Union Day

Credit unions preparing to “pay it forward” to community members, make the credit union difference tangible and memorable.

ICU Day: Pay it Forward

The NWCUA is urging credit unions to “pay it forward” on International Credit Union Day. Cash seed money will be offered randomly to credit union attendees at Amplify Convention in Spokane next month.

CUNA Mutual Releases Risk Alert Regarding Remote Deposit Capture

CUNA Mutual recently sent a Risk Alert to its bond holders that discussed the potential increased risk that credit unions offering Remote Deposit Capture may face with the Regulation CC Proposed Amendment.

Compliance Question of the Week

Can I charge any fees due to dormancy or inactivity, or stop paying interest on a dormant account?

Compliance Question of the Week

If a member wants to purchase a cashier’s check for $9,975 with a service fee of $50 and pay in cash, is the credit union required to file a currency transaction report (CTR)?

Compliance Question of the Week

Is a credit union considered a federal contractor for affirmative action purposes when it is authorized to issue savings bonds? And since we will no longer issue savings bonds starting on Jan. 1, 2012, do we still need to have an affirmative action plan?

Compliance Question of the Week

Can I charge any fees due to dormancy or inactivity, or stop paying interest on a dormant account?

NCUA Sues Chase, Royal Bank of Scotland

NCUA files suit against two big banks to recover losses for credit unions.

Heard and Overheard August 16, 2010

Voices of the credit union movement, in Washington and beyond.