Credit Unions Completed Rulemaking Archive
Below you will find an archive of completed rulemaking activity and documents for the Division of Credit Unions.
SHB 2770 Rulemaking - "Disclosure Summary"
For an archive of documents from the SHB 2770 - Disclosure Summary rulemaking, visit the SHB 2770 - Disclosure Summary Rulemaking page.
SHB 2770 Rulemaking - "GUIDANCE"
On November 4, 2008, the Division of Credit Unions filed the final rule (CR-103, WSR 08-22-072) for credit union compliance with the federal “Interagency Guidance on Nontraditional Mortgage Product Risks” and the federal “Statement on Subprime Mortgage Lending.”
The new rule will take effect on December 5, 2008.
Documents
- CR-103 (PDF)* and Adopted Rule Language (PDF)*
- Concise Explanatory Statement (PDF)*
- CR-102 Rulemaking Proposal (PDF)* and Proposed Text (PDF)*
- CR-101 Preproposal Statement of Inquiry (PDF)*
- Section 4 of SHB 2770
- “Interagency Guidance on Nontraditional Mortgage Product Risks” (PDF)*
- “Statement on Subprime Mortgage Lending” (Guidance)
- Discussion Draft: Proposed text for the Guidance rule (PDF)*
Comments Received
- Comments from the Washington State Human Rights Commission dated September 19, 2008 (PDF)*
- Comments from the Washington Credit Union League dated August 26, 2008 (PDF)*
Updated Fee Regulations Rulemaking
On November 26, 2008, the Division of Credit Unions filed the final rule (CR-103, WSR 08-24-057) on asset assessment and fee rate increases for credit unions. Learn more (Bulletin B-08-16).
The new rule will take effect on December 31, 2008.
Documents
- Concise Explanatory Statement (PDF)*
- CR-103 (PDF)* and Adopted Rule Language (PDF)*
- CR-102 (PDF)*
- Proposed Text for Fee Increase Rule (PDF)*
- DFI Fund 300 Budgetary Information (PDF)*
- PowerPoint On Reasons for Fee Increase (PPT)
- Budget for July 1, 2007 through June 30, 2009 (PDF)*
- Fee Examples from Bulletin B-08-07
- CR-101 (PDF)*
- DCU Bulletin - Proposed Fee Increase by Fiscal Growth Factor
Comments Received
* This document is a PDF file, and you will need Adobe Acrobat Reader to view it. If you don't already have Acrobat Reader installed on your computer, you may download it for free from Adobe.
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