NW Plus Announces Scholarship Winners

Each year the number of applications grow and the scholarship candidates become more diverse in their attributes and career goals.

Maps Community Foundation Awards 13 College Scholarships

The 2016 awards bring the amount that the Foundation has given away in scholarships to more than $110,000 since 2005.

NCUA Board Notes: Comments Needed After Call Report Review Announced

Comments sought as part of a review of NCUA’s Call Report and Credit Union Profile efforts. Also, NCUA to reduce outstanding Stabilization Fund borrowings by sending $700 million to Treasury.

How Northwest Credit Unions Can Help Schools Teach About Money With Free and Low-Cost Resources

An innovative partnership between a credit union and a local college of education will provide free financial literacy lesson plans in English and Spanish.

Compliance Center: IRS Reminds Taxpayers About Retirement Plan Distribution Deadline

Here’s what the IRS has to say about required minimum distributions; your question answered about recouping waived settlement costs on a member business loan; plus this week’s legal briefs.

Maps Gets Biz Kid$ Grant to Train Teachers in Financial Education

In partnership with Western Oregon University, students in the teaching program create lesson plans in coordination with Biz Kid$ financial education curriculum.

Plan a Service Project for International Credit Union Day and Win Free Consulting!

What’s the perfect way to recognize everything credit unions stand for on International Credit Union Day? Share your plans with your Association and you could score valuable consulting services for your credit union.

News & Notes: Here’s What’s Happening Around the Northwest

NW Plus Credit Union gives thousands in scholarships; Rachel Pross joins Oregon State Credit Union as AVP; BECU promotes Melanie Walsh to SVP of Human Resources.

Continuity: The Missing Ingredient in Most CEO Succession Plans

Succession planning is a key opportunity for all credit unions. CUNA Mutual Group shares some key steps that can transform your credit union from a training ground for other organizations’ leaders into a place where top talent wants to stay and take the reins.

Six Steps to Improving Your Employees’ 401(k) Plan Results

Having a 401(k) is second only to health insurance on employees’ list of most important benefits. If your credit union has already taken the crucial step of having a retirement plan in place, consider these additional steps from CUNA Mutual Group to help employees make good decisions about their plans.

Darigold Federal Credit Union Announces Plans to Merge Into Sound Credit Union

Darigold Federal Credit Union and Sound Credit Union announced today that they will merge later this year, pending regulatory approval and a vote by Darigold’s members. If approved, the consolidation would be the 15th merger for Sound in the past couple of decades.

Final Regulations Released on Affordable Care Act’s 90-Day Waiting Period

Is your credit union in compliance with the Affordable Care Act’s final requirements for a 90-day waiting period, which were released Feb. 20? Brown & Brown of Washington, which manages The Trust, explains the regulations.

iQ Credit Union, Lacamas Community Credit Union Announce Plans to Merge

iQ Credit Union and Lacamas Community Credit Union, two of Southwest Washington’s oldest financial institutions, announced plans Wednesday to merge into what would become one of the area’s largest credit unions with a combined 67,000 members and total assets of more than $695 million.

Washington DFI Releases Strategic Planning and Budgeting Guidance

The Washington State Department of Financial Institutions recently released DCU Bulletin B-13-18 to address strategic and operational planning.

Left-Behind 401(k) Accounts: Here Are Two Common Mistakes to Avoid

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.

Affordable Care Act: Five Things Credit Unions Need to Know and Do Now

Health care reform has triggered changes employers need to make. Some of the deadlines and opportunities are immediate. A checklist of important steps should be on your action plan now.

SELCO, Greater Oregon Announce Merger Plans

Eugene-based SELCO Community Credit Union has confirmed plans for a merger with Greater Oregon Federal Credit Union of Burns. The merger would increase member access to 18 branches.

NCUA’s OSCUI to Host Webinar Focusing on Net Worth Restoration Plans

The NCUA’s Office of Small Credit Union Initiatives will host a webinar tomorrow entitled, “Net Worth Restoration Plans: A Path to Recovery.” OSCUI staff will review NCUA’s capital requirements, and participants will hear from credit union staff that has gone through the net worth restoration plan process.