Credit Unions Interpretive Letters
Interpretive letters from the Washington Division of Credit Unions clarifying RCWs and WACs related to state-chartered credit unions.
| Number | Date | Subject |
|---|---|---|
| O-02-5 | 06/04/2002 | Whether Washington State Chartered Credit Unions Can Sell and Finance Debt Cancellation Contracts |
| O-02-4 | 04/30/2002 | New Field of Membership (FOM) Rules Effective March 8, 2002 |
| O-02-3 | 04/08/2002 | Credit Unions Possess Authority To Enter Into Arrangements with Third Parties To Sell Investment and Insurance Products To Members, Subject To Compliance With Applicable Regulatory Pronouncements |
| O-02-2 | 04/08/2002 | A Director May Not Hold More Than One Board Officer Position, Except For Board Treasurer And Secretary |
| O-02-1 | 01/17/2002 | State Credit Unions May Close for Four Consecutive Days After Appropriate Mitigation of Risks |
| O-01-8 | 11/02/2001 | Credit Unions Possess Incidental Powers through Two Sources-1. The State Parity Provision (RCW 31.12.404); and 2. The State Incidental Powers Provision (RCW 31.12.402(23)) |
| O-01-7 | 09/19/2001 | Summary of HB 1366 (Chapter 83, Laws of 2001), Effective July 22, 2001 |
| O-01-6 | 08/03/2001 | #1 Non-US Citizens In A Credit Union’s Field of Membership May Join The Credit Union #2 Credit Union CUSOs May Serve Non-Member IRnet Customers, Subject to RCW 31.12.436(8) |
| O-01-5 | 06/04/2001 | Bond Coverage Which Meets Minimums Established in NCUA Rules Is Generally Adequate Under Washington State Credit Union Act |
| O-01-4 | 05/24/2001 | Credit Unions May Use Electronic Voting Methods To Elect Directors and Supervisory Committee Members, As Permitted By Their Bylaws |
| O-01-3 | 03/22/2001 | Summary of Major Differences Between Washington’s MBL Rule (As Approved by NCUA Board) and NCUA’s MBL Rule |
| O-01-2 | 02/13/2001 | A State Credit Union May Accept Federal Public Funds, But May not Accept State Public Funds |
| O-01-1 | 01/16/2001 | State Credit Unions May Issue Shares to and Receive Deposits from Members in the Form of Revocable Living Trust Accounts |
| O-00-4 | 11/24/2000 | Interim Director Appointed To Fill A New Board Seat May Serve Only Until The Next Annual Meeting Of Members |
| O-00-3 | 04/14/2000 | Credit Unions May Accept Deposits from Nonmember Credit Unions |
| O-00-2 | 03/31/2000 | State Credit Unions Can Convert or Merge Into State Mutual Savings |
| O-00-1 | 03/31/2000 | "Spouses" as Used in RCW 31.12.365(2) includes Spousal Equivalents such as Domestic Partner |
| O-99-4 | 11/30/1999 | Family Members Of Primary Member May Join Credit Union Even Though Primary Member Ceases To Be Part Of FOM Group |
| O-99-3 | 11/30/1999 | "Once a member, always a member"; Continuing Eligibility of a Member's Family |
| O-99-2 | 10/04/1999 | Approval of CUMIS Corporate Credit Union Bond 150 |
| O-99-1 | 03/16/1999 | Can Washington state chartered credit union (WSCCU) provide health, accident, and related types of personal insurance (insurance) to its board members? |
| O-98-12 | 12/30/1998 | Definition of "voluntary committee" |
| O-98-9 | 08/14/1998 | Taking former employees of occupational group as members |
| O-98-10 | 08/14/1998 | Effective date of credit union mergers |
| O-98-8 | 07/09/1998 | Control of non-profit charitable organization |
| O-98-6 | 06/24/1998 | Approval of Progressive Financial Institutions Bond |
| O-98-7 | 04/23/1998 | Disclosure of records to state law enforcement agencies |
| O-98-5 | 04/20/1998 | Signature guarantee program |
| O-98-3 | 04/01/1998 | Investment in real property primarily for own use (RCW 31.12.438) |
| O-98-2 | 03/27/1998 | Requirement for submission of Form FI 6002, 1997 Economic Census, to U.S. Department of Commerce |