Mountain West News
Wear Jeans. Help Kids. |
creditunionsforkids cmnh

Wear Jeans. Help Kids. 

Miracle Jeans Day is September 18

On September 18, join hundreds of credit unions nationwide and raise money for your local Children’s Miracle Network Hospital by celebrating Miracle Jeans Day.  The concept is simple:  encourage employees to donate $5 in order to trade in their traditional work attire and wear jeans for the day instead. Or, for a $25 donation, employees will receive a free Miracle Jeans Day T-Shirt, specially designed for credit unions! Read More & follow at #MiracleJeansDay


 
CUNA Urges Lawmakers To Be Alert To CU Burdens |
Submitting a statement for the record of a Thursday hearing entitled "Regulatory Burdens: The Impact of Dodd-Frank on Community Banking," the Credit Union National Association alerted lawmakers that the law has affected all financial institutions--none more than credit unions.

In the statement to the House Government Reform and Oversight subcommittee on economic growth, job creation and regulatory affairs, CUNA President/CEO Bill Cheney emphasized that the multitude of new regulations are generating a "crisis of creeping complexity," where credit unions are forced to hire specialized employees just to ensure compliance with the new requirements and reports. Read More
NCUA Changing Regional Organization in 2014 |
Federally chartered credit unions in nine states will move from one NCUA Region to another in 2014, the agency said Thursday.

As of Jan. 1, federal credit unions in Colorado, Montana, New Mexico and Wyoming will move from Region V to Region IV.

“We continually monitor our regional workload and, when necessary, make adjustments to distribute exam hours proportionally,” NCUA Board Chairman Debbie Matz said in the announcement.  Read More
CUNA Suggests Enhancements To Loan Participation Rule |
The Credit Union National Association in a letter Friday commended "the substantial improvements" that were made to the National Credit Union Administration's loan participation rule, but urged the agency to give credit unions latitude as they comply with the rule changes. The rule goes into effect Sept. 23.  Read More
Data Privacy Scrutinized At House CFPB Hearing |
As the data collection practices of the National Security Administration continue to come under broad-based scrutiny, the House Financial Services financial institutions and consumer credit subcommittee this week held a hearing to examine the Consumer Financial Protection Bureau's own consumer data collection practices.

Subcommittee Chairman Shelley Moore Capito (R-W.Va.) in her opening remarks cited news reports that indicated data on as many as 10 million Americans is held by the CFPB.  Read More
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