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LIBERTY LAKE, Wash.–CU*NorthWest is reporting it will post one of its most successful years with respect to new members processed on its CU*BASE core processing platform and new markets opened. 

SUNNYSIDE, Wash.—Lower Valley Credit Union is opening a new 10,000-square-foot, two-story corporate headquarters and main branch here.

WASHINGTON—Saying it doesn’t want to stymie innovation The Consumer Financial Protection Bureau is putting out for comment a new proposal that calls for a limited No-Action Letter policy. “The goal is simple: create a process to reduce the regulatory uncertainty that may exist for certain emerging product or services which stand to benefit consumers,” said the CFPB in introducing the proposal.

PALM HARBOR, Fla.–With the Consumer Financial Protection Bureau having just issued a compliance bulletin and policy guidance titled “Mortgage Servicing Transfers,” one company here is cautioning that nationally as many as 490,000 homeowners could be affected by faulty servicer database records.

The National Credit Union Foundation

www.ncuf.coop

The National Credit Union Foundation’s vision is making financial freedom achievable through credit unions. As the charitable arm of the U.S. credit union movement, the National Credit Union Foundation (the Foundation) works to ignite understanding and focus on member financial health, inspire and create opportunities for credit unions to leverage their cooperative values and respond quickly when disaster strikes. Through cooperative support and action, the Foundation helps people achieve financial freedom.

The Foundation is a 501(c)(3) tax-exempt charitable organization and continues to earn the Better Business Bureau seal of approval as an “Accredited Charity” for meeting all 20 BBB Wise Giving Alliance Standards for national charities. Contact: National Credit Union Foundation ncuf@ncuf.coop 5710 Mineral Point Road, Madison, WI 53705.

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WASHINGTON—CEOs at credit unions are seeing pay raises of between 3.7% and 4.6% in 2014, depending on asset size, according to research released by CUNA.