This year has been a “wildly successful year in credit union advocacy,” CUNA Chief Advocacy Officer Ryan Donovan said, and during the August recess credit unions have a great opportunity for additional efforts.
News Now, Policy and President Donald Trump signed the NDAA for FY19 Monday at Fort Drum, enacting the legislation without a provision CUNA fought to remove that could have negatively impacted military credit unions.
NCUA’s latest letter to credit unions (18-CU-01) provides an update on five board-approved Examination Modernization Initiatives designed to improve and modernize how the agency conducts examination and supervision.
CUNA will be engaged with several Senate activities this week, including consideration of several bills on the Senate floor and the Senate Banking Committee vote on the nomination of Kathy Kraninger to serve as BCFP director.
Credit union stakeholders can still register for Tuesday’s free webinar on CUNA’s latest MAP campaign, Stop the Data Breaches. The webinar is free to CUNA members, and is scheduled to start at 3 p.m. (ET) July 31.
CUNA appreciates NCUA’s efforts to expand opportunities to provide short-term, small-dollar loans, and prefers a holistic approach to Payday Alternative Loan products that are flexible for credit unions and consumers, but not overly prescriptive,”
CUNA launched its latest Member Activation Program campaign this week, focused on educating and activating members to call on Congress to enact data breach legislation. A webinar on the campaign will be held July 31.
The NCUA conducted a recent webinar in which staff discussed how credit union employees can help their members maximize NCUSIF coverage. A CUNA CompBlog entry examines what agency staff say about various account types.
Mitigating losses from data breach remains a top credit union priority, CUNA wrote to Rep. Bob Latta (R-Ohio), chair of the House Energy and Commerce subcommittee on digital commerce and consumer protection Friday.
CUNA and leagues will be on hand at the National Conference of State Legislatures Legislative Summit July 30-Aug. 2 in Los Angeles, hosting an America’s Credit Unions’ booth, as well as other networking and social events.
The House Ways and Means Committee released a two-page outline commonly referred to as “Tax Reform 2.0” this week. This bill will likely not have any direct positive or negative effects on credit unions.
The House passed the National Defense Authorization Act Thursday without a provision CUNA fought to exclude that could have negatively impacted credit unions on military bases. CUNA successfully fought for removal of Section 2808 of the House bill.