Advocacy on the Move
Primary Election Night in Colorado
Credit Unions had an incredible night watching the results come in in Colorado’s primary elections.
CFPB Releases Notice of Proposed Rulemaking to Remove Medical Bills from Credit Reports
Last week, the CFPB released a Notice of Proposed Rulemaking that would significantly impact credit reporting and lending practices by amending Regulation V of the Fair Credit Reporting Act (FCRA) to remove medical debt from credit reports.
GoWest Advocacy Marks Milestone
GoWest advocacy marked a milestone in 2024. The official “sine die” adjournment of the Arizona State Legislature on June 15 marked the final ending of the state legislative sessions for the region.
CDFI Fund Extends Submission Deadlines for Revised CDFI Certification Application
On Thursday June 20, the Community Development Financial Institutions Fund (CDFI Fund) announced an extension for the reapplication deadlines for currently certified CDFI’s using the revised CDFI Certification Application.
Select Capitol Finance Committee Moves Local Government Investments Forward
The Select Committee on Capitol Financing and Investment met yesterday and discussed local government investment options, pursuant to Senate file 90 – State-managed local government equity investment pool – passed in the 2024 session.
Wyoming’s Economic Outlook
At their May meeting, the Joint Minerals, Business and Economic Development Committee received an Wyoming economic outlook briefing from Dr. Anne Alexander, Director of Outreach and Engagement, Center for Business and Economic Analysis.
Upcoming GoWest Delegation Political Events
The political season is heating up and there is no shortage of activity on the horizon. For GoWest, political events are an essential component of the advocacy strategy.
Calling All Credit Unions: Share Your Impact Data and Wow Congress
GoWest is preparing a detailed economic and community impact analysis for the 119th Congress and 2025 legislative sessions. Next month, you will receive the survey resources to help your credit union participate.
House Appropriations Committee Passes Funding Minus SAFE Banking Language
In a vote Thursday night, the House Appropriations Committee approved a $23.6 billion measure to establish funding for the Fiscal Year 2025 Treasury Department and several independent federal agencies.
Credit Unions Support Withers, SD 6
Bill Willingham, President and CEO WyHy FCU and Wyoming Government Affairs Co-Chair, Bill Yates, President & CEO First Education FCU, and Brian Thomas, President & CEO of Meridian Trust FCU presented Kim Withers, candidate for Wyoming legislative Senate District 6 with a campaign support check from Wyoming’s Credit Union Political Action Committee.
Care About Transportation Policy in Oregon?
The Joint Committee on Transportation has announced a 12-stop Transportation Safety and Sustainability Outreach Tour to hear from Oregonians about how the Legislature can ensure Oregon has a safe, functional, and efficient multimodal transportation system now and for years to come.
Governor Polis Directs Legislature to Bring Bank Asset Purchase Bill in 2025 Session
On Thursday, Governor Jared Polis signed HB 1351, the “Sunset Division Banking & Board” bill into law. He followed up with a signing statement outlining the Sunset process and the essential function the process provides for regulated industries in Colorado.
Update: CFPB’s New Rule on Open Banking Standards
This rule is crucial for the implementation of the upcoming Personal Financial Data Rights Rule which was proposed in October of 2023 and could be finalized later this year.
Elect CU Champions. Contribute $30 by the 30th
Your PAC contributions are an investment in the CU Movement’s future.
Transportation Committee moves Electronic titling
The Joint Transportation, Highway and Military Affairs Committee met Monday and Tuesday this week in Rock Springs.
CFPB Issues Request for Information Related to Mortgage Servicing Practices.
The agency is interested in the impacts of loan closing costs, many of which are beyond the control of the lender or the consumer.
Summer Sun Shines on Federal CU Advocacy
Ahead of the fall elections, it’s a great time to invite elected officials and candidates to your credit union to share how you are serving their communities.
Comment Letter Filed on Colorado Record Retention Proposed Rule
GoWest Credit Union Association has filed a comment letter in response to the proposed rulemaking that will impact the collections process and the GAP process related to record retention and what is required to be retained.
Hearing on Oregon SB3 Rule Implementation
Credit unions and GoWest worked hard to pass this landmark legislation and we continue to advocate for its implementation to follow the intent of the law.
Important Update: Anticipated Rulemaking on Mortgage Servicing
Your GoWest Regulatory Affairs team provides an analysis of the forbearance programs enacted during COVID, and updates advocacy efforts regarding future rulemaking.