February Regulatory Recap

February’s Recap is now available here.  It contains the change to the Prepaid Rule effective date, resources for financial institutions, a summary of interesting news of the month, and updates on Washington and Oregon’s legislative activity. Please contact us if you have questions. Blog posts generally contain only a summary of any requirements, and do not represent all potential impact … Read More

DCU Bulletin B-18-01 Exam Focus for 2018

On January 8, 2018, the DCU released bulletin B-18-01 highlighting its examination focus areas for 2018 to help credit unions prepare for their examinations.  The Bulletin is reproduced below, but the original should be referred to for additional references: Examination Focus for 2018 This Bulletin establishes the Division of Credit Unions’ (Division’s) examination focus areas for 2018 and will help … Read More

Virtual & Hybrid Membership Meetings B-17-17 & I-17-04

On January 4, 2018 the DCU released (revised) Bulletin B-17-17 and Revised Interpretive Letter I-17-04, regarding virtual and hybrid annual or special membership meetings.  The Bulletin and Interpretive Letter were originally released on November 20, 2017, and then immediately pulled from the DCU’s website.  The new releases amend the information regarding these types of meetings, and should be referred to. … Read More