Whatcom Educational CU volunteers to go first. "We have so many auditors looking at us anyway, what's one more?"
In mid-October, Whatcom Educational Credit Union in Bellingham, Wash., will undergo one of the Evergreen State’s first separate examinations for consumer compliance, now required of all Washington state chartered credit unions with more than $500 million in assets.
New rule exam for Evergreen State credit unions focuses on consumer and regulatory compliance, including FFIEC, BSA.
The former chair of NCUA, JoAnn Johnson, was nominated Tuesday by Iowa Gov. Terry Branstad as superintendent of the state's Division of Credit Unions.