Washington State Department of Financial Institutions

DCU Bulletin
Formal Hearing On Credit Union Fee Increase

August 14, 2008

NO: B-08-10

The Division of Credit Unions (DCU) will hold the official (“CR-102”) hearing on the proposed fee increase. This will be the only formal hearing on the proposed increase, which has previously been the subject of two stakeholder teleconferences, and is detailed extensively on DCU’s website.

You may attend in person or by teleconference as follows:

Date: Wednesday, August 27, 2008
Time: 10am – 12pm
Location: John A. Cherberg Bldg
Senate Hearing Room 3
305 15th Ave Olympia, WA 98504
Teleconference: 1-877-298-8255; Conference ID 7009517

Audio of the hearing will be posted afterwards on DCU’s website, along with any written comments received.

The last stage of the regulatory process will be the Final Rule (“CR-103”). The fee increase will be effective December 31, 2008.

For regulatory questions, please contact Joanne Conrad at 360-902-8813 or jconrad@dfi.wa.gov. For substantive questions regarding fee calculations or agency budget, please contact Director Linda Jekel at 360-902-8778 or ljekel@dfi.wa.gov; or Mike Delimont at 360-902-8753 or mdelimont@dfi.wa.gov.

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