Here’s a rundown of the key credit union advocacy event of the new year in the Gem State—whether you’re a seasoned advocate or visiting the Capitol for the first time.
Year-long merger completes final step with DFCU accounts and services integrated into Sound.
Northwest credit union leaders will get to rub elbows with state and federal regulators next week at the 2014 Leadership Symposium and Small Credit Union Roundtable, where the NCUA’s Risk-Based Capital proposal and guidance surrounding the banking of legal marijuana businesses will be front and center.
Mary Martha Fortney, the longtime president and CEO of the National Association of State Credit Union Supervisors, has announced that she will retire in 2014. State regulators are responding to her decision by paying tribute to her leadership, critical thinking and “fierce dedication.”
Credit unions need to make sure they’re protected by indemnification provisions in the contracts they sign with third-party service providers and other vendors if they hope to avoid patent-infringement lawsuits.
John M. Floyd, chairman and CEO of Strategic Link business partner John M. Floyd and Associates, explains the importance of balancing transparency and value for members with the credit union’s need to earn consistent revenue.
The weekly Regulatory Advocacy Update outlines the NWCUA’s efforts to reduce the regulatory burden on credit unions and protect the larger movement. Included here are update letters on two comment letters written by the NWCUA regarding the NCUA’s proposed rules on emergency liquidity and troubled condition.
Washington credit union regulator Linda Jekel has received the national Pierre Jay award from the National Association of State Credit Union Supervisors. The honor was presented in Denver this week.
NWCUA Regulatory Advocacy Update: Northwest Credit Unions Fare Well in Federal Regulator’s Q2 State-by-State Review
The weekly Regulatory Advocacy Update outlines the NWCUA’s efforts to reduce the regulatory burden on credit unions and protect the larger movement. Included here is an update on the NCUA Economic Review for 2012’s second quarter.
John M. Floyd explains how JMFA Overdraft Privilege® can ease credit unions’ regulatory burden and provide improved member service as a fully-transparent overdraft program with a 100 percent compliance guarantee.
The Federal Financial Institutions Examination Council has reiterated “the need for sound management of interest rate risk” and highlighted sound practices in a new FAQ document.
The NWCUAâ€™s Regulatory Advocacy team works with state and federal regulators to help reduce the regulatory burden on credit unions and protect the credit union movement. Included here are updates on streamlined CFPB regulations and the NCUAâ€™s suit against Wells Fargo.
Due to paperwork and recordkeeping issues, credit unions in a number of states have received letters from the IRS stating that they are no longer tax exempt. Included here is an explanation of the situation, as well as recommended responses for affected credit unions.
The Governmental Affairs Forum addressed many pressing issues at the state and federal levels including due diligence, new programs, shortened exam cycles, and policy documentation.
The Associationâ€™s first Governmental Affairs Forum in Oregon will be held on June 22 in Bend.
The GAO found that while authorities had the right to examine foreclosure activities, those activities were not looked into.
Regulation Continues to Expand in Credit Union Land: The Dodd-Frank Act Brings a New Regulatory Regime
Dennis Dollar’s perspective on the latest regulations designed to protect consumers from another “too big to fail” financial industry debacle.
News began to emerge Friday that regulators were in Spokane to close $11 million The Union Credit Union, which slipped below an allowable net worth.