New betaSpace Partner Mirador Financial Offers Turnkey Rocket Engine for Small Business Lending

Powerful, easy-to-implement small business lending solution cuts processing time from weeks to minutes and helps you build a healthier portfolio. Coming to Northwest credit unions thanks to betaSpace.

CUNA-Backed Bill to Raise MBL Cap Introduced in U.S. House

Higher cap would create 140,000 new jobs and $13 billion in new business lending, estimates CUNA.

NCUA Proposes Raising Small Entity Threshold to $100 Million

Credit unions of $100 million and under would face reduced regulatory burden under the proposal. Credit union advocates seek higher threshold.

NCUA Launches Small Business Lending Resource Center

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.

Compliance Center: CFPB Proposes Amendment to Small Creditor, Rural or Underserved Areas Definitions

Learn more about the proposed CFPB amendment, learn how to verify a U.S. Treasury check, plus legal briefs.

NCUA Releases 2015 Exam Priorities

Priorities are similar to last year, including cyber security, interest rate risk, and money servicing businesses.

Applications for Free NCUA Consulting Due November 30

Small and new credit unions, and those with low-income designation, are encouraged to apply for free consulting from the Office of Small Credit Union Initiatives.

NCUA Releases Anti-Fraud Videos

The eight-video series shows credit unions how to deter, prevent and detect fraud.

Oregon Governor Kitzhaber: “Credit Unions Epitomize Something Great”

Oregon Governor John Kitzhaber was honored by credit unions this week in a special setting—Doernbecher Children’s Hospital. There he was able to learn more about what the movement has done for sick children through Credit Unions for Kids.

NCUA Director Metsger to Address Amplify Convention in Spokane

NCUA Director Rick Metsger, a native Oregonian, returns to the Northwest on October 7, to address the Northwest Credit Union Association’s Amplify Convention and Annual Business Meeting in Spokane. Now one year into his regulatory role, Metsger shares his perspective with Anthem.

Keesee Urges Nation’s Small Credit Unions to Comment on Risk-Based Capital Proposal

NWCUA Board Chair Debie Keesee is urging the nation’s small credit unions to add their voices to the debate over the NCUA’s Risk-Based Capital proposal, saying that “if adopted as proposed, it will have significant negative impact on the movement, including small credit unions like yours.” Keesee, president and CEO of Spokane Media Federal Credit Union, wrote the letter on behalf of CUNA’s Small Credit Union Committee, which she chairs.

U.S. Rep. Suzan DelBene Agrees to Co-Sponsor Supplemental Capital Bill

U.S. Rep. Suzan DelBene has added her name to the Capital Access for Small Businesses and Jobs Act, saying supplemental capital would “allow financially healthy credit unions to continue meeting the needs of their customers and strengthening our economy.”

CUNA Names 18 Northwest Credit Union Leaders to National Committees, Task Forces

From issues affecting small or community credit unions to discussions about governmental affairs and housing finance reform, 18 Oregon and Washington executives will make sure that Northwest voices are heard when CUNA’s national committees meet in 2014.

State, Federal Regulators to Share Insights on Hot-Button Issues at Leadership Symposium

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.

NCUA Releases Additional Regulatory Alerts on Mortgage Servicing Rules

The National Credit Union Administration has released regulatory alerts regarding the new Mortgage Servicing Requirements under the Truth in Lending Act and the Real Estate Settlement Procedure Act.

New Mortgage Rules Take Effect Jan. 10; CFPB’s Cordray Thanks Credit Unions for ‘Hard Work’

On the eve of the implementation of new mortgage rules adopted by the Consumer Financial Protection Bureau, CFPB Director Richard Cordray thanked credit unions this week for taking “another critical step in the ongoing recovery of the housing market.”

CO-OP Gives Small Credit Unions Access to Affordable Nationwide ATM Network

CO-OP Financial Services’ new Small Credit Union Program makes it possible for small credit unions to rival the benefits offered by the ATM networks of the largest financial institutions.

Can Small Credit Unions Survive? CUNA White Paper Says Collaboration is Key

Credit unions must join forces to generate income, reduce expenses and expand the menu of products and services they offer if they hope to compete with larger financial institutions and keep their doors open, a new white paper from the CUNA CFO Council says.