Picture of a gavel and legal documents.

Breaking: CFPB Ruled Unconstitutional by Federal Court

The 2-to-1 ruling was issued this morning.

picture of the Idaho State Capitol building

WA DCU Issues Bulletin on Powers of Attorney in Vehicle Loan Transactions

The bulletin alerts credit unions that the Washington Department of Licensing (DOL) will not accept powers of attorney executed by a credit union employee on behalf of a member.

Washington Legislative Week in Review

As Wednesday’s house of origin deadline approaches, most bills being tracked by the Northwest Credit Union Association remain in committee—but a pair of key bills are moving toward passage.

Washington Credit Union Advocates Advance Fraud and Foreclosure Bills During Annual Credit Union Day at the Capitol

A grassroots army of 200 credit union advocates helped move the needle on the policy advancement strategy in the areas of fraud- and foreclosure-related legislation during last week’s Credit Union Day at the Capitol.

CUNA Chairwoman Streifel and NWCUA President & CEO Stang Highlight 360° Advocacy at Spokane Chapter

Streifel and Stang laid out a trade association agenda uniting the national and the local, and called on every leader and employee to add their voice to the call. They spotlighted the Spokane Chapter of Credit Unions as a shining example of engagement.

Melting the Stage: Amplify 2015 to Kick Off With Star Power

October’s Amplify Convention in Portland will kick off with several of the most prominent voices in the credit union movement. And that’s just the beginning.

Compliance Center: CFPB Releases Bulletin on Obligations When Dealing With Section 8 Housing Vouchers

Learn about Section 8 obligations; your question answered about protecting your credit union when you take power of attorney; plus this week’s legal briefs.

Compliance Center: CFPB Launches Effort to Advance Financial Education in Schools

Financial education resource guide published by CFPB; your question answered about using power of attorney to access account after death; plus this week’s legal briefs.

CO-OP Taps Into Power of the Crowd for 2015 THINK Prize

Challenge to “use the power of community to financially empower, educate and protect those who need it most” is open to all, with $10,000 prize.

Compliance Question of the Week

Can a power of attorney appoint more than one attorney-in-fact?

Compliance Question of the Week

Our Compliance Question of the Week answers the question, “Can a POA access a trust?”

Compliance Question of the Week

Can an attorney in fact with a general power of attorney that allows them to open and close accounts, run transactions, etc., add themselves as a joint owner on an account of the principal?

Eurozone Writes Off Greece, Focuses on Spain

In an effort to keep Greece from becoming the first major crack in what could become a Eurozone breakup, all attention has shifted to secure Spain’s economy as the looming Greek vote on June 17 casts a shadow on the 12-year-old monetary union.

Compliance Question of the Week

Who is the “member/customer” when an account is opened by an individual who has power of attorney (POA)?