In a unified show of support for legislation that will right size regulation for credit unions, the Northwest Credit Union Association and Nampa, Idaho-based Northwest Christian Credit Union joined Sen. Mike Crapo (R -Idaho) at a Boise news conference Feb. 20 in support of S. 2155.
The Economic Growth, Regulatory Relief and Consumer Protection Act, would provide much-needed regulatory relief for credit unions and banks and lower the cost of borrowing for thousands of Indiana businesses, Kevin Ryan, president/CEO Financial Center First CU, Indianapolis, wrote in an op-ed that appeared in the Indy Star.
Students from the “Bunch of Students Saving” program at a school in Cook, Minn., recently received a visit from Minnesota Gov. Mark Dayton and Department of Commerce Commissioner Mike Rothman, who wanted to commend them for winning the first-place national Desjardins Youth Financial Education Award, presented by CUNA.
The Herb Wegner Memorial Awards dinner during CUNA’s Governmental Affairs Conference is one of the most highly anticipated events of the year for credit unions, and nominations for the individuals who will be honored at next year’s big event are now being accepted.
CUNA’s Washington, D.C., and Madison, Wis., offices will be closed Monday in observance of Memorial Day. News Now will not publish a Monday issue but will return to its regular publication schedule Tuesday.
WASHINGTON (5/21/15, UPDATED 5:50 p.m. ET)--Reps. William Lacy Clay (D-Mo.) and Randy Neugebauer (R-Texas) have unveiled a CUNA-backed bill to address credit union parity in Federal Home Loan Bank membership rules.
WASHINGTON (5/21/15, UPDATED 12:52 p.m. ET)--In the midst of today's Senate Banking Committee markup of a broad regulatory relief package for financial institutions, Sen. Pat Toomey (R-Pa.) introduced a CUNA-supported amendment to provide even more respite from the burden of rules that credit unions and others face. It was adopted 13-9 with bi-partisan support.