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NCUA Exam Workgroup Recommendations Released

The Exam Flexibility Initiative was announced earlier this year, and seeks to streamline exam processes for well-managed, low-risk credit unions.

Metsger: Working Group to Review, End Annual Examination Process in Two Months

The new Chair of the NCUA Board made the announcement during a speech this week, seeking to streamline examination processes.

Picture of a Seattle Metropolitan Credit Union presentation

Seattle Metropolitan Credit Union Recognized at FinXTech Awards

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.

Offer TRID Grace Period: NWCUA to CFPB

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.

Credit Union Tax Status Untouched in Senate Reform Report

The report’s preservation of credit unions’ tax status shows that credit union advocates were heard.

NCUF Releases Toolkit on Helping Members with Medical Debt

The free toolkit from the National Credit Union Foundation is available at ncuf.org.

NCUA Eases Secondary Capital Supervisory Policies

Changes make it easier for low-income credit unions to obtain secondary capital and give investors greater clarity.

CUNA Mutual Group Continues Credit Union System Advocacy Efforts in 2015

With support of national and regional advocacy efforts, CUNA Mutual supports the continued strength of the credit union movement.

McWatters Favors Secondary Capital, Working Group Formed

NCUA Board Member McWatters wants supplemental capital included in new RBC proposal; Chair Matz announces supplemental capital and field of membership working groups.

Join Financial Reality Fair and Teach Students How to Manage Money

The NWCUF is hosting a Financial Reality Fair for students with Juma Ventures. Volunteer and help students navigate their financial lives.

CO-OP: Evolving at the Speed of Apple?

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.”

NWCUF Board of Trustees Election Process Underway

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.

Joint Committee Issues Tax Report

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.

How to Make Sure You’re Getting Good Advice in a Third-Party Bond or Insurance Review

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.

Reid Files Cloture on Bankers’ TAG Bill as Behind-the-Scenes MBL Advocacy Continues

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.”

Mid Oregon Lands Dora Maxwell Award for ‘Credit Unions Working Together’

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.