NCUA Posts 2017–2018 Budget Proposal

The regulator is now accepting comments and requests to attend budget briefing via email through Nov. 4.

picture of volunteers

Oregon State CU Shred Days Accept Record 56,000 Pounds

The four separate events were held in Corvallis, North Albany, and Keizer serving more than 1,400 vehicles and shredding more than 28 tons of sensitive materials.

Compliance Center: Safe Harbor Obtained!

Get the low down on the recent MLO training course; your question answered about money laundering red flags; plus this week’s legal briefs.

News & Notes: Here’s What’s Happening Around the Northwest

Point West Credit Union gets CDFI certified; Gesa Credit Union hosting free communication seminar; St. Helens Community Credit Union unveils new branding; Industrial Credit Union raises $27,500 for food banks; Unitus Community Credit Union’s Wine on the Willamette raises over $50,000.

Lacamas Members Approve Merger Into iQ

Lacamas Community Credit Union members have approved a merger with iQ Credit Union. The new iQ will now serve 65,000 members in 15 branches.

NCUA Proposal Would Revise Risk-Based Capital Requirements

Credit unions with assets of more than $50 million would be subject to revised risk-based capital requirements under a proposal announced Thursday by the National Credit Union Administration that would require a risk-based capital ratio of 10.5 percent to be classified as “well capitalized.”

Congress Inundated with ‘Don’t Tax My Credit Union’ Messages

Credit unions and their supporters welcomed Congress back from recess Tuesday with more than 5,000 Tweets and Facebook posts—more than double the number of “Don’t Tax My Credit Union” messages sent during the first “Don’t Tax Tuesday” event in July.

Northwest Credit Union Execs in D.C. to ‘Hike The Hill’

Northwest credit union executives are in Washington, D.C., this week to meet with U.S. representatives and senators as part of Northwest Credit Union Association’s “Hike the Hill” program.

JA Finance Park as Rewarding for CU Volunteers as it is for Students

With Northwest Credit Union Foundation support, Junior Achievement will be able to bring its mobile “Finance Park” to communities of Southwest Washington and Oregon this coming school year. The realistic budgeting exercise is a great experience for students as well for credit union volunteers.

Amplify Convention Website Goes Live, Registration Now Open

Amplify Convention—the must-attend event of the year for Northwest credit unions—is scheduled to take place in Portland October 8-10. The website allowing early registration and an introductory video have been posted online.

Oregon Students Embrace Budgeting Reality at Credit Union ‘Reality Fair’

While legislators struggled to patch together a balanced budget that addresses healthcare, education and other vital services, area high school students came to the Oregon State Capitol Wednesday to try their own hand at budgeting for life’s essential needs.

iQ Credit Union Raises the Bar for Credit Union Day at the Capitol

When iQ Credit Union Staff saw the challenge to bring record numbers of advocates to Credit Union Day at the Capitol Feb. 7th, they answered in big numbers. Can any other Washington credit union top that? Registration is still open.

Credit Union Day at the Capitol: An All-New Event You Don’t Want to Miss!

Join credit union advocates in Olympia on Feb. 7 for the Association’s all-new Credit Union Day at the Capitol. “We’ll do a little briefing, have some fun and cover the Capitol campus letting legislators know about the strength and potential of our credit unions,” said Mark Minickiello.

Getting Better Results in Today’s Environment Requires a More Systematic Approach

With many obstacles related to the economic downturn persisting into the New Year, credit unions need to examine their organization to find ways to improve performance and reduce expenses—from the executive suite to back-office operations and every branch facility—without damaging member service levels.

Credit Unions Embrace Tablet Technology to Improve Member Service

Addressing convenience is one of the recommendations resulting from the NWCUA’s 2012 Consumer Research Project. A White Paper from the CUNA Technology Council focuses on the growing impact tablets are having on convenient member services.

Political Impact an Understated After-Effect of Bank Transfer Day

More than just member growth, Bank Transfer Day has led to a more favorable overall landscape for credit unions, including a surge in attention from and progress with legislators and policymakers.

In His Own Words: Retiring CEO John Annaloro Bids Fond Farewell to Membership

NWCUA CEO John Annaloro announced this week that he will retire this fall, passing the baton to incoming President and CEO Troy Stang at the Annual Business Meeting on Oct. 2. Here, we share his parting words to the Northwest credit union professionals he was worked with for the past 15 years.

15 Northwest Credit Unions Already Tabbed for Miracle Jeans Day Participation

On Sept. 12, hundreds of credit unions—including at least 15 from the Northwest—will raise money for local Children’s Miracle Network Hospitals in $5 increments by taking part in Miracle Jeans Day.