Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
NEW: Washington DFI To Continue Operations, Despite Budget Process
OLYMPIA, Wash. (6/21/13, UPDATED 1:45 p.m. CT)--Although a budget impasse could cause a Washington state government shutdown, credit unions can expect continued operations from their state regulators, the Northwest Credit Union Association reported Friday.

A second special legislative session had failed to produce a state budget, the league said (Anthem Recap June 21). If a shutdown cannot be averted, the Washington Division of Credit Unions (DCU) and Department of Financial Institutions will continue operations, the league said.

Non-appropriated agencies like DCU continue operations without interruption under a contingency plan, DCU spokeswoman Rhonda Mires informed the league in a memo.

Washington Governor Jay Inslee alerted state workers and taxpayers Thursday to the possibility of a government shutdown and employee furloughs if the legislature does not produce a budget for the next fiscal year, which begins July 1.


RSS print
News Now LiveWire
#NewsNow @MountainAmerica among top 100 worldwide in HR management http://t.co/QqfzOSTkiA
33 minutes ago
Missouri #creditunions embrace Bank on More SUV sweepstakes #NewsNow http://t.co/yjD1qNt68T
42 minutes ago
In letter to Pres Obama, @CUNA CEO @Nussle urges natl action on cybersecurity, breaches #NewsNow http://t.co/rZFzSXWJOP
52 minutes ago
Bank ATM fees continue to climb. Credit unions? Not so much. #NewsNow http://t.co/7nfcqusVuM
2 hours ago
NCUA 2day liquidated Republic Hose Employees FCU,Youngstown,Ohio, after determining the CU was insolvent w/no prospect for viable operations
2 hours ago