CUNA Chief Economist Mike Schenk recognized NCUA’s continuing improvements in its budget process Wednesday while presenting at NCUA’s budget briefing. The NCUA’s proposed 2019 operating budget is $304.4 million.
Credit Union Legislative Action Council, the federal PAC of CUNA, is launching its first round of independent expenditures for the 2018 midterm election cycle. The IEs are being launched in various stages throughout the week.
CUNA has selected Quantivate as the intended provider of a platform as foundation for a new comprehensive compliance solution for credit unions. The platform will manage state and federal compliance burdens in one place.
CUNA applauds NCUA’s timely implementation of provisions in the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) and continues to await fulfillment of several provisions by the Bureau of Consumer Financial Protection.
Florida State Sen. Dorothy Hukill, who won a Desjardins Award in 2014 for her work to promote financial literacy to Florida students, passed away Tuesday at the age of 72. LCSU nominated Hukill for the award.
CUNA will be engaged with a hearing on the implementation of the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) this week, in addition to other activities on Capitol Hill this week.
CUNA and state credit union leagues are investing a record-breaking $7 million in support of credit union-friendly candidates for the 2018 midterm election cycle. CUNA announced Monday its backing for seven candidates.
The Federal Reserve has published a final rule amending subpart C of Regulation CC (Availability of Funds and Collection of Checks) to address check alteration disputes when the paper check is unavailable for inspection.
Hundreds of credit union leaders from 10 states met with elected officials and other policymakers throughout Washington, D.C. this week to talk credit union tax status and regulatory relief, among other topics, as part of their “Hike the Hill” visits.
CUNA was recognized Thursday for its grassroots success in getting more tens of thousands of messages to legislators in support of S. 2155. CUNA’s grassroots engagement with credit union leaders resulted in more than 50,000 messages sent to Congress.
CUNA staff attended Thursday’s meeting of the Bureau of Consumer Financial Protection’s Credit Union Advisory Council. The bureau recently restructured the CUAC and named seven CUNA members to serve on the council for one-year terms.
While CUNA supports financial technology innovation, it remains concerned about an environment in which consumers would not receive the same protections as they do at financial institutions, it wrote to a House Financial Services subcommittee Thursday.