Tiffany Pillars, Janell Saavedra and Jeremy Sankwich are the finalists in the Northwest Credit Union Association’s Emerging Leadership Scholarship Contest. On the line: free tuition, valued at $2,650, to the 2014 Emerging Leaders Program. Online voting is open now and runs through Jan. 31.
NWCUA is partnering with Goodjoe, an online marketplace for cool products that support artists and nonprofits, to create a unique design for our International Credit Union Day celebration. We’ve narrowed it down to three finalists, but we need your help to pick a winner.
The Senate Committee on Banking, Housing and Urban Affairs has recommended the Senate confirmation of Oregonian Rick Metsger to the NCUA board. The full Senate will next schedule a confirmation vote.
The Senate panel considering the nomination of former Oregon Senator Rick Metsger to the NCUA Board will meet in closed session as its next step Tuesday.
Companion bills in the Washington State Legislature sponsored by the NWCUA have each been scheduled for committee hearings on March 14 after both passed out of their house of origin by unanimous votes in advance of tomorrow’s deadline.
Three finalists have been chosen for the NWCUA’s Emerging Leaders Contest. Visit the NWCUA online to learn more about each applicant and to cast your vote for the candidate you think deserves to attend the Emerging Leaders Program at no cost.
The Senate bill to extend the TAG program for banks was defeated this morning, earning only 50 of the needed 60 votes. The vote comes two days after the Senate voted unanimously in favor of a bill that provides regulatory relief around ATM disclosure requirements.
The Senate will vote early next week on S. 3637, a bill that has been seen as a possible companion for MBL legislation that would extend TAG coverage for banks. “The status of our MBL bill on Capitol Hill remains very fluid,” NWCUA President and CEO Troy Stang said. “The situation is evolving hourly.”
“Sen. Harry Reid introduced a TAG bill Monday night and is looking to expedite it to the Senate floor for a vote,” said Jennifer Wagner. “It looks like he is putting into motion a scenario where our MBL bill and the TAG Bill may be merged together to help ensure passage of our priority legislation.”
Credit unions in the Northwest and around the country were rewarded for their political advocacy efforts with an overwhelming success rate of credit union-supported candidates for office. Bill Cheney called this year’s election day “a great day for credit unions overall and the races in which we were focused.”
Credit unions fared well in Tuesday’s election, with the majority of credit union-supported candidates in the Northwest claiming victory.
Anticipating a lame-duck Senate vote on legislation to increase the MBL cap, CUNA has called for a national fly-in the week after Thanksgiving to make a timely push with legislators. According to Bill Cheney, “This is likely our last chance to really make an impact on this legislation for this Congress.”
Sen. Harry Reid reiterated his commitment to giving the credit union MBL bill a vote on the Senate floor during the lame-duck session. Credit unions now have an opportunity for advocacy with Congress in recess and the legislators campaigning in their home districts.
Sen. Jeff Merkley touched on his support for the MBL bill and outlined his plan for rejuvenating the housing market during Thursday morning’s general session at the NWCUA’s Convention.
Ninety-four of 98 credit union-supported candidates advanced to the general election after last week’s Washington State primary, including congressional hopefuls Derek Kilmer and Denny Heck.
Provisions of two bills passed this year by the Washington State Legislature are the first to trigger non-binding advisory votes based on Initiative 960, which requires taxes approved by the Legislature to appear on the ballot.
Legislation that would do away with the physical fee notice currently required on ATMs was unanimously approved by the House Financial Services Committee Wednesday morning and is expected to receive a floor vote in the House in July.
Quimper Credit Union members may soon get a chance to vote on the creation of a nearly $1 billion financial cooperative as its board of directors seek a merger with Kitsap Credit Union.