Yearly Archives: 2023
Why Credit Unions Should Consider A Variable Credit Card Interest Rate Strategy
Credit card programs could benefit from regular interest rate adjustments based upon changing prime rates.
InfoSight Update: Phase One Is Underway
Looking at compliance through the eyes of a child offers an opportunity to rethink your processes and help keep staff engaged and motivated to meet the credit union’s compliance goals.
Compliance Question of the Week; Can I provide the member with a new LE if we forgot to list a required fee?
Can I provide the member with a new LE if we forgot to list a required fee?
League InfoSight Highlight – Trusted Contacts
The NCUA and CFPB have both been providing resources to consumers about establishing “Trusted Contacts” and encouraging outreach to their financial institution in order to help prevent fraud.
FFIEC Announces Availability of 2022 Data on Mortgage Lending
The FFIEC announced the availability of the 2022 HMDA mortgage data.
CFPB, U.S. DHHS, and Treasury Launch Inquiry into Costly Credit Cards and Loans Pushed on Patients for Health Care Costs
Even when medical care may otherwise be covered by insurance or financial assistance, patients may be pitched these products by their health care providers who then pass the administration of patient billing and collections over to financial service companies.
How Mortgages with a COVID-Related Forbearance are Performing in 2023
The blog examined the performance of mortgage borrowers in March 2023 to those in March 2021 that had COVID-related forbearance.
Agencies Finalize Policy Statement on Commercial Real Estate Loan Accommodations and Workouts
Federal financial institution regulators issued a joint final policy statement on commercial real estate loan accommodations and workouts.
NCUA Released Annual Cybersecurity & Credit Union Resilience Report
The NCUA released its annual report which provides an explanation of the measures taken to strengthen cybersecurity within the federally insured credit union system and the NCUA.
Gesa Credit Union Turns 70
Gesa celebrates milestone with 285,000 members, $3.8 Million in total giveback across Washington, $1 million in giveback to local schools and more.
First Tech Federal Credit Union Promotes Chylon Pappas to Vice President Role
As vice president of corporate and government engagement, Pappas will lead community engagement and corporate communications functions and First Tech’s new government affairs division.
Harborstone Credit Union Hires New Senior Vice President and Chief Banking Officer
Hoefel will oversee the credit union’s retail banking division and contact center.
OCCU Team Leverages Corporate Volunteer Benefits to Maintain Oregon Nature Preserve
OCCU’s organizational development team volunteered at the Howard Buford Recreation Area outside Eugene.
Horizon Credit Union Nearly Triples Donation to Support Affordable Housing
The credit union presented a $12,192 donation to NeighborWorks Boise.
InRoads Program Raises Over $431,000 for Local Schools
The program encourages members to use a special, co-branded debit card featuring one of three high school mascots.
First Tech Federal Credit Union Awards Over $1 Million in Education Grants to 69 West Coast Nonprofits
The awarded organizations facilitate equitable access to science, technology, engineering, math (STEM), early childhood literacy, and financial education.
GoWest Spring DC Hike a Success
Last week, a group of over 20 credit union leaders and GoWest staff from across its region traveled to Washington, […]
Oregon’s SB3 Requiring Financial Literacy for High Schoolers Passes House and Senate
Senate Bill 3, which adds a requirement for high school students to complete one half-credit of higher education and career […]
GoWest Spring Hike a Success
Over 20 credit union leaders and GoWest staff traveled to Washington, D.C. for “Hike the Hill.”
How GoWest is Helping CU Professionals on Their Journey to Executive Leadership
Follow the journey of your peers as they experience GoWest’s leadership development programs.