Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Washington CU Regulator To Continue Operations, Despite State Budget Process
OLYMPIA, Wash. (6/24/13)--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
#creditunions emphasize co-op principles during National Co-op Month #NewsNow http://t.co/zEb9UFot1N
2 hours ago
Servicemember's spouse drives away with Bank on More's SUV thanks to #missouri #creditunions http://t.co/WvTrKxh0sV
3 hours ago
From @FHFA this a.m.: U.S. house prices up 0.5% in Aug. on seasonally adjusted basis from previous month. More here: http://t.co/1yVDOPggeX
4 hours ago
@TheNCUA open meeting is slated to start at 10 a.m. ET. Should be a quick one. #NewsNow http://t.co/rfYjnat7eI
5 hours ago
Mass. CUs in unanimous vote joined RI and NH CUs in approving merger of the 3 state leagues 2 form the Cooperative Credit Union Association.
5 hours ago