The report’s preservation of credit unions’ tax status shows that credit union advocates were heard.
Learn more about the Supreme Court’s decision; your question answered on refunding garnishments; plus this week’s legal briefs.
A new CUNA Mutual Group report shows strong growth in savings, loans and memberships,
suggests strengthening middle-market economy. New auto loan balances increase at fastest pace on record.
New TILA/RESPA tools; your questions answered about how to ID a minor; plus this week’s legal briefs.
New NCUA resource center gives details on member business lending rules; we answer your question about exempt businesses filling out W-9s; plus this week’s legal briefs.
Our comprehensive toolkit is full of valuable resources for you to easily share the impact of Northwest credit unions.
The NCUA reported Monday that 75 credit unions were late in filing their call reports. NWCUA members who filed late with good reason are encouraged to contact the Association.
The CFPB is concerned about how consumers will be impacted by opting in to overdraft services for one-time debit card and ATM transactions. Also in the Compliance Center: legal briefs and the question of the week.
The global credit union community is now 57,000 credit unions strong, serving 208 million members. The World Council of Credit Unions has released a new statistical report.
The July-August edition of Oregon Business Magazine showcases credit unions. A trio of op-ed pieces details the value to consumers as well as to local businesses.
NCUA Fines Five Northwest Credit Unions for Late Call Reports; NWCUA Urges Regulator to Improve its Filing System
The NCUA made good on its threat to fine credit unions for filing late Q1 call reports. Five Northwest credit unions are among those being hit with financial penalties.
As financial institutions race to lure “Gen Y” consumers, a new report from the Filene Research Institute finds what that generation needs most, is what credit unions do best.
Recent data breaches at Target and other retailers have been in the news a lot, but identity theft can take many forms. Do your members know how to prevent identity theft? Do they know what to do if their personal or financial information is compromised? Check out these great strategies from CSCU – and pass them along to members now!
Plans by the National Credit Union Administration to levy fines against credit unions that miss quarterly filing deadlines for their 5300 Call Reports drew immediate reactions from national and regional executives Thursday, with NWCUA President/CEO Troy Stang calling the move “excessive.”
CUNA and the Northwest Credit Union Association are asking credit unions to keep detailed records of the costs they’re incurring in response to the recent data breach at Target stores nationwide as both organizations continue to demand that merchants be held accountable for more than just the damage to their own reputations.
Financial institutions and consumers are reeling this morning from news of a massive data breach at Target stores nationwide that could affect as many as 40 million credit and debit card accounts, making it potentially one of the largest retail breaches in U.S. history.
Your weekly update on the regulatory landscape.
The National Credit Union Administration (NCUA) released its final rule addressing CUSO supervision during its board meeting in Washington, D.C., last week.