Keeping America Strong: Infographic Shows How CUNA Mutual Group Protects Members and Serves Credit Unions

The interactive infographic highlights CUNA Mutual Group offerings like Debt Protection and Mortgage Payment Protection that help members weather unexpected hardships.

Despite Name Change, Lighthouse Community Credit Union Holds to Founders’ Ideals

Cascade Forest Products Credit Union has changed its name to Lighthouse Community Credit Union in an effort to improve its visibility in the community, but the credit union remains committed to serving the low- to moderate-income consumers in the Vancouver area who are mostly overlooked by traditional financial institutions.

Deadline Extended for Credit Unions to Complete Regulatory Exam Survey

CUNA and the Northwest Credit Union Association are calling on credit unions to complete the second-annual Comprehensive Survey on Regulatory Exams, saying a strong response rate will give advocates the data they need to push for improvements in the examination process.

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.

Hot Auto Market Fuels Credit Union Lending in Northwest

A red-hot auto market bodes well for credit unions. In Washington, vehicle registrations hit a post recession high of 278,000 vehicles in June and July. Auto lending makes up 32% of Northwest credit unions’ loan portfolios.

Quarter of NW Banks Problematic, say Rating Agencies

Bauer Financial and Thomson Reuters Bank Insight found that 16 percent of Oregon and Washington-based banks are considered problematic or troubled.

Romero Tabbed as New President/CEO at SMCU

Seattle Metropolitan Credit Union announced that Richard Romero, currently the COO of Los Angeles Firemen’s Credit Union, will take over as the new President and CEO. He replaces Bob Harvey, who retired in July 2011.

Washington Gov. Gregoire Won’t Run in 2012

Yesterday, Washington Gov. Christine Gregoire announced that she would not stand for a third term in 2012, leaving politicos to contemplate the future for both her and the office she will leave after eight years.

Interchange Fight Moves On From Senate

Despite the failure of the Tester-Corker Amendment, the interchange fight will continue with dialogue with the regulators and by working through the courts.