With 2013 in the rear-view mirror, Anthem asked Northwest credit union presidents and CEOs to reflect on the past, consider what lies ahead and talk about the challenges — and the opportunities — that await credit unions in 2014. Today: Amy Nelson and Nick Hodson, co-CEOs of Point West Credit Union.
Nick Hodson and Amy Nelson, co-CEOs of Point West Credit Union, announced this week that Point West has completed an approved Net Worth Restoration Plan with the National Credit Union Administration, two years ahead of schedule.
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.