CUNA compliance staff has updated its MLA fee comparison spreadsheet for the second quarter of 2018. CUNA launched this resource in October to help credit unions determine which fees are considered “reasonable and bona fide” under the MLA.
CFPB regulations should be appropriately tailored and based on data, CUNA Chief Advocacy Officer Ryan Donovan wrote in a Credit Union Journal op-ed that appeared Friday, noting that credit unions need more relief from the bureau.
Following the years of effort it took for S. 2155 to be constructed, introduced and signed into law, CUNA President/CEO Jim Nussle said credit unions are continuing to build on that momentum toward additional relief.
Credit union supporters are encouraged to nominate individuals and organizations for the Herb Wegner Memorial Awards to be presented by the National Credit Union Foundation. Winners will be honored at the Foundation’s annual awards and fundraising gala.
Credit union-backed candidates saw success around the country in Tuesday’s primaries across five states, including in two notable races in Nevada. CUNA, the Nevada Credit Union League and CULAC backed the candidates.
CUNA wrote in support of three bills that would clarify the ability of financial institutions to serve cannabis-based businesses in states where it is legal. CUNA supports the ability of credit unions to serve member businesses when legal.
Credit unions around the country are once again active in Tuesday’s primary elections, most notably in support of Rep. Mark Amodei (R-Nev.), who has the support of the Nevada Credit Union League and CUNA.
S. 2155 contains a provision designed to allow consumers easier access to online banking. While no guidance has officially been issued yet, changes could impact a credit union’s member identification policy.