Bill to Raise Public Deposit Level for Credit Unions Receives First Hearing in Washington Legislature

The NWCUA’s effort to modernize Washington state’s public depositary laws received official support from the State Treasurer’s office and the city of Seattle yesterday during the new legislative session’s first hearing of the Senate Financial Institutions and Insurance Committee.

NWCUA: Oregon’s DCBS Fee Increase Proposal Necessary—Temporarily

Oregon credit unions will likely be paying more fees than expected in 2011 to the Department of Consumer and Business Services, the primary regulator of credit unions in Oregon, due to a budget shortfall caused by market forces.