Author: John Trull
GoWest Files Comment Letter on CFPB Rule to Minimize Overdraft Fees
The letter reflects the input of GoWest member credit unions gathered during state GAC meetings and through other forms of outreach.
Pushing Back on NCUA Call Report Change
GoWest and member credit unions are letting NCUA know, in no uncertain terms, that this action is potentially harmful to CUs and their members.
Newest NCUA Board Member Otsuka Meets With GoWest Credit Unions
It was the first opportunity for Otsuka and GoWest credit unions to discuss key issues and opens the door for further discussions about key priorities.
Advocating for Credit Unions Impacted by NCUA Call Report Change
Effective March 31st, credit unions with $1billion + will be required to report NSF and Overdraft fees as separate line items — a change not proactively communicated by NCUA.
GoWest Analysis of NCUA Board Meeting
The NCUA board met on February 15, 2024. As always Go West is pleased to provide a same-day analysis. There […]
ESI Considering Expansion to Arizona and Wyoming
If an expansion is approved, credit unions in those states could potentially have access to an added layer of insurance protection for member deposits.
Feds Extend Comment Period on Proposal Reducing Interchange Fees
Amid input from credit unions and groups such as GoWest asking for an extension, the Federal Reserve has extended the deadline from Feb. 12 to May 12.
GoWest Analysis of NCUA Board Meeting
The meeting was the first of the year and the first for new Board member Tanya Otsuka.
Breaking: Otsuka Confirmed to Serve on NCUA BOD
The confirmation came by voice vote, for a term expiring Aug. 2, 2029
Director Chopra to appear before House Financial Services Committee and Senate Banking this week
His testimony coincides with a House Resolution vote expressing Congressional disapproval of the Bureau’s Business Lending Data Collection Rule.
GoWest Analysis of FHFA’s Review of the Federal Home Loan Bank System.
In collaboration with member credit unions, GoWest was proactively providing input during the year-long review of the FHLBank System.
Breaking: Proposed Interchange Rule introduced by the Federal Reserve
Learn more in our analysis of the potential impact on credit unions.
NCUA October Board Meeting Analysis
As always, GoWest’s Regulatory Advocacy team provides a same-day analysis.
Supreme Court Expected to hear Interchange Case while Fed Looks at Possible Rate Rule
The Supreme Court is expected to hear a case filed by Corner Post a convenience store located in North Dakota […]
NCUA Board Nominee Tanya Otsuka Scheduled to Testify at Banking Committee Hearing
On Thursday, Oct. 19, the Senate Banking, Housing, and Urban Affairs Committee will hold confirmation hearings, including for the nomination […]
NCUA Board to Meet Thursday, Oct. 19
The Board is expected to issue two proposed rules covering the Simplification of Insurance Rules which is expected to cover […]
NCUA Board Meeting Highlights
An SIF update and a final rule on loan participation headlined the agenda
President Biden nominates Senate Banking Senior Counsel to NCUA Board of Directors
Tanya Otsuka would replace Rodney Hood on the Board, if confirmed.
GoWest’s Analysis of May, 2023 NCUA Board Meeting
The NCUA BOD met May 25th. The GoWest analysis is available for your review.
New Member Business Loan Rule Took Effect in Oregon June 1
As a result of advocacy, credit unions have more options to help Main Street businesses.