Washington state credit unions were cheering what they called a legislative breakthrough – final passage of a long-sought public funds bill.
Mayor Sam Adams tells NWCUA the city needs to "buy local" when it comes to investing its money.
Ohio appears to be the next battleground for the credit union push to accept public funds with bills being readied in both chambers of the state legislature next week.
Credit unions could use a refresher course in the often-neglected area of online marketing and advertising content compliance. That’s the message from Kyle Woodmansee, the compliance specialist for Des Moines, Iowa-based consulting firm PolicyWorks, who will present an hour-long webinar, “Three Commonly Overlooked Website Compliance Issues,” on Jan. 26.
The media blitz scheduled this week to highlight achievements of cooperatives is taking a slightly different tone amongst credit unions in Oregon and Washington state.
In an unforeseen management shift, Benson Porter, president/CEO of the $5 billion First Tech Federal Credit Union of Palo Alto, Calif., will be taking over the $9.7 billion BECU of Tukwila, Wash., next April, succeeding retiring CEO Gary Oakland.
Northwest Credit Union Association bulletin stresses transparency, cites new class action suit against bank.
Benson Porter said the chance to return to his native Seattle was a major factor in his decision to leave First Tech.
First it was Seattle and now Portland considering the idea of moving funds from banks to CUs.
Council adopts resolution but move would take state legislative action.