$7,500 awarded to five high school seniors.
Last week, we showcased the collective efforts of 11 Northwest credit unions for the Financial Reality Fair Extravaganza, which hosted a dozen financial reality fairs at schools across the region, including nine in one day. One of those members, NW Priority Credit Union, shared their individual efforts from the day.
Student debt has become Millennials’ financial Achilles’ heel. True to their mission, credit unions are aligning with Millennial members to consolidate student loans and create a path to financial strength.
Global gives big for March of Dimes; St. Helens Community opens Rainier student branch; and Point West throws a $6,000 strike.
Derek Reeser of Rogue Credit Union says that working at his high school’s student branch changed his life, and his career trajectory.
The grants fund staff training and student internships for low-income designated credit unions, and are focused on building capacity for the future.
New student loan guidance calls for orderly repayment, less payment shock; your question answered about IRS refunds; plus legal briefs.
The National Credit Union Administration has released Letter to Credit Unions 14-CU-02, which covers the focus topics for 2014 examinations.
The National Credit Union Administration recently released Supervisory Letter 13-13, which provides guidance to the NCUA field staff on examining Private Student Loans (PSLs) and analyzing the associated risks.
The Consumer Financial Protection Bureau is urging consumers to tell student-loan lenders and servicers how to apply additional payments to their loans so that they can save money and pay down debt more efficiently.
Six Northwest credit unions will be able to expand services, offer new loan products and provide educational opportunities thanks to grants awarded by the NCUA.
Your weekly update on the regulatory landscape.
Maps Credit Union is helping to fund scholarships for student peer mentors at Western Oregon University, and the university, in turn, is working closely with Maps to add a financial literacy component to the mentoring program’s curriculum.
Fifty high school students in Washington are now better prepared for financial responsibility thanks to the efforts of credit union volunteers at last week’s Reality Fair in Olympia. The students were joined in the hands-on exercise by a credit union CEO and a Washington State legislator.
Giving as little as an hour a week, credit union volunteers can mentor students and encourage their financial literacy efforts, college education and ethics.
The NWCUAâ€™s Regulatory Advocacy team works with state and federal regulators to help reduce the regulatory burden on credit unions and protect the credit union movement. Included here are details on new NCUA offices and Bank Transfer Dayâ€™s regulatory impact.
The Washington Office of the Superintendent of Public Instruction (OSPI), the primary agency charged with overseeing K-12 public education, is reaching out to credit unions as it recruits 180 people to form six grade-level committees to help set Washingtonâ€™s public education performance standards.