The Exam Flexibility Initiative was announced earlier this year, and seeks to streamline exam processes for well-managed, low-risk credit unions.
The new Chair of the NCUA Board made the announcement during a speech this week, seeking to streamline examination processes.
Seattle Metropolitan Credit Union was named a finalist for FinXTech “Best of FinXTech” awards in March. Erica Erdozain, Vice President of Commercial Lending, represented SMCU in New York City at the event, which recognized the credit union’s work in streamlining its commercial lending processes.
Calling Oregon Credit Unions: Take Survey by Monday to Help State Increase Access to Financial Education
Oregon credit unions have an opportunity to be part of a Financial Literacy Working Group the State Treasurer is establishing in March. Fill out a quick survey by February 29 to earn a seat at this important table.
The Association sent a letter to the CFPB with three requests regarding upcoming TRID implementation, the most urgent of which is for a transitional implementation grace period through the end of the year.
The report’s preservation of credit unions’ tax status shows that credit union advocates were heard.
The free toolkit from the National Credit Union Foundation is available at ncuf.org.
Changes make it easier for low-income credit unions to obtain secondary capital and give investors greater clarity.
With support of national and regional advocacy efforts, CUNA Mutual supports the continued strength of the credit union movement.
NCUA Board Member McWatters wants supplemental capital included in new RBC proposal; Chair Matz announces supplemental capital and field of membership working groups.
The NWCUF is hosting a Financial Reality Fair for students with Juma Ventures. Volunteer and help students navigate their financial lives.
CO-OP launches online Tokenization Resource Center, hosts webinar to help credit unions evolve with changing demands of technology.
Mr. Metsger Goes to Washington: An Exclusive Interview with Rick Metsger, the NCUA’s Newest Board Member
New board member Rick Metsger says he’ll bring a Northwest perspective to the NCUA, along with a belief that “we can meet our regulatory responsibility while working to not unduly burden well-meaning credit unions.”
Passionate about the People Helping People philosophy? Four seats are open on the Northwest Credit Union Foundation Board of Trustees. The board helps to manage the Foundation’s budget, direction and policy. Three seats are scheduled for election, and a fourth seat is available for appointment by the board.
With tax reform under the microscope in Congress, the Joint Committee on Taxation released a report this week examining exemptions and other reform ideas. Credit unions were mentioned 35 times, according to an analysis by CUNA.
If your credit union engages a third party to help review your fidelity bond and other insurance protections, CUNA Mutual Group explains why you should find out whether the third party is an independent consultant for a fee or a broker working on commissions from carriers.
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.”
For its role in bringing an entire community of credit unions together for a charitable cause, Mid Oregon Credit Union won a first-place Dora Maxwell Award in Oregon. According to one of the masterminds, thinking “big,” leaving egos at the door and finding common ground make up the formula for success.