FEDERAL WAY, Wash. (7/9/13)--The Washington State Department of Financial Institutions Division of Credit Unions (DCU) issued a bulletin summarizing the new amendments to the Washington Credit Union Act.
The amendments become effective on July 28.
Washington Gov. Jay Inslee signed Senate Bill 5302--which will allow credit unions to offer board compensation and other updates to the state Credit Union Act--on April 22.
Other sections covered in the bulletin include:
To view the bulletin, use the link.