Credit unions must weigh in by Aug. 3--Monday--if they want the National Credit Union Administration to consider their views concerning the list of regulations the agency is currently reviewing for updates.
Rep. Ed Royce (R-Calif.), a longtime champion of credit unions and their members, has made an appeal to credit unions to renew their efforts to support his bill to remove the cap on member business lending, as well as other credit union initiatives.
WASHINGTON (7/29/15 UPDATED 2:18 p.m. ET)--The Federal Open Market Committee is maintaining the federal funds rate, citing “moderate” expansion of U.S. economic activity in its post-meeting statement this afternoon.
WASHINGTON (7/29/15 UPDATED 1:30 p.m. ET)--In another state legislative victory that CUNA and the Illinois Credit Union League say underscores the value of the CUNA-league structure in advocating for credit unions, Illinois Gov. Bruce Rauner signed HB 2477 into law Tuesday.