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NCUA Removes CUSO Registry Requirement From Call Reports

The move is part of Chair Metsger’s Continual Quality Improvement effort, and begins with the Sept. 30 reporting cycle.

Consumer Reports Praises Credit Unions for Excellent Service, Low Fees

93% of credit union members reported being “Highly Satisfied,” compared with 69% of customers from the four largest national banks.

Compliance Center: Washington State DOR to Require Electronic Filing of Unclaimed Property Reports

Get the details on the DOR’s electronic filing; your question answered about the CFPB’s new Closing Disclosure; plus legal briefs.

World Council Activates Relief Fund for Shaken Nepalese Credit Unions

Donate now to support credit unions devastated by the earthquake in Nepal.

Explore the ECONorthwest Report Online Toolkit

Our comprehensive toolkit is full of valuable resources for you to easily share the impact of Northwest credit unions.

No Late Filing Fines for Northwest Credit Unions

Thirty-one credit unions agree to late filing fines nationally, but none in the Northwest.

Late Call Reports Decline, But Fines Forthcoming

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.

62 Credit Unions Agree to Late-Filing Penalties

Three Northwest credit unions are among 62 that agreed to pay penalties for filing late Call Reports, the NCUA reports.

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.

ABA Reports Possible New Round of ADA Accessibility Lawsuits

The American Bar Association (ABA) reported in its June 2014 Journal that a new round of Americans with Disabilities Act (ADA) lawsuits is being seen. Also in today’s Anthem: Legal Briefs, and the Question of the Week: “Can we collect a debt owed to us by a minor?”

NCUA Plan to Levy Fines for Late Call Reports ‘Excessive,’ NWCUA’s Stang Says

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.”

Northwest Credit Unions Emerge Strong from Q2

Q2 saw strong performance by Northwest credit unions with memberships, loans, assets, deposits, and equity all increasing. The Northwest performance echoes a strong second quarter for credit unions nationally, according to the NCUA.

Introducing Card Management Intelligence Reporting Module in Pass-Through Web

Credit unions with a bustling back office need effective solutions to manage their cardholder accounts, perform portfolio research and maintain data integrity between their core system and payment processor. Strategic Link business partner CSCU and FIS offer solutions.

Summary of the NCUA Webinar on Fair Lending Exams

The NCUA has announced more structure around its Fair Lending Examination Program. Responsibility for the program is now with the Office of Consumer Protection.

Reminder: Mandatory Use of New FinCEN Electronic Report Format Begins April 1

Based on a Final Notice issued last year by FinCEN, credit unions must file mandated reports such as CTRs, SARs, RMSBs and DOEPs electronically through the BSA E-Filing System beginning next month. In most cases, mandated reports filed in paper format will then be considered non-compliant.

Autoland Reports 25-Percent Sales Increase From 2011

Strategic Link business partner Autoland has seen continued growth this year, with 15 new credit union partnerships and a strong new-car sales market. Net profits through August have exceeded 2011 profitability by 99 percent.

Legislative Reports Highlight Candidate Support, Legislative Advocacy and Credit Union Advocates

In response to more than 100 requests from members, the Northwest Credit Union Association is offering monthly legislative updates. Sign up is available currently for the next report, scheduled for July 30, 2012.

FinCEN E-Filing Transition Period: July 1-8, 2012

After a host of difficulties, the BSA E-Filing System is now functioning properly and has finished processing backlog data. Institutions with rejected filings should have received electronic notification and should re-file reports accordingly.