NCUA Chair Rick Metsger, Dear World among those to welcome hundreds of attendees from around the Northwest.
The Consumer Financial Protection Bureau (CFPB) issued an Interim Final Rule that broadens the availability of certain provisions for small creditors that operate in rural or underserved areas. The new rule, which takes effect on March 31, 2016. Read today’s Compliance update to find out more.
Seattle Metropolitan Credit Union was named a finalist for FinXTech “Best of FinXTech” awards in March. Erica Erdozain, Vice President of Commercial Lending, represented SMCU in New York City at the event, which recognized the credit union’s work in streamlining its commercial lending processes.
Debie Keesee, CEO of Spokane Media Federal Credit Union, has begun her term on the CUNA Board of Directors, maintaining a Northwest presence on the Board.
The NWCUA and CUNA point out the rule’s detrimental impact—especially on small credit unions—despite certain concessions.
The NCUA announced that they would raise the asset threshold defining “small entities” to $100 million, making hundreds more credit unions eligible for regulatory relief under the Regulatory Flexibility Act.
The bill would raise the cap on member business lending to 27.5% of a credit union’s assets, opening billions in capital for small businesses.
Small credit unions are finding secret sauce in the age of a sharing economy, while also struggling with sustainability in the age of consolidation. The Small Credit Union Round Table kicking off Amplify 2015 will focus on those issues.
With homecoming approaching, one high school student decided to make it a special night. All he needed was a small loan from his credit union.
Solarity Credit Union’s Mina Worthington reflects on her time in our nation’s capital and what it showed her about the future of the credit union movement.
Is your credit union new to social media, or are you looking to revamp your strategy, or do you want to help your members improve their small biz social media game? This guide from Expertise.com can help.
Personal finance website NerdWallet offered three key benefits of seeking small business loans at credit unions, quoting NWCUA President and CEO Troy Stang.
Mirador Financial, a Strategic Link betaSpace partner, will demonstrate for Northwest credit unions how their small business lending technology can make lending decisions faster and more accurate in a July 16 webinar.
SBA Regional Administrator Calvin Goings writes about the wave of successful entrepreneurs over 50. Learn more about resources for these members.
The bill fixes a disparity in how certain real estate loans are classified, allowing credit unions to provide more capital to the small businesses that create jobs and fuel growth in our communities.
When Shelli Millhuff took the reins of Nordstrom Federal, she set out to update the small credit union for her online members. Two years on, she celebrates big successes and outlines next goals.
The Small Business Administration is launching a new online tool to connect entrepreneurs with lenders. Credit unions are invited to join.
The regional SBA team is asking credit unions to share their knowledge of the needs of underserved entrepreneurs.