CUNA recognizes NCUA has made improvements to its budget process reflected in this year’s proposed budget, CUNA Vice President of Research and Policy Analysis Mike Schenk told the agency during its budget briefing Wednesday.
CUNA Vice President of Research and Policy Analysis Mike Schenk and Cooperative Credit Union Association President/CEO Paul Gentile, who chairs CUNA’s examination and supervision subcommittee, will be among the presenters at Wednesday’s NCUA budget briefing.
CUNA and several member credit unions participated in the Small Business Administration’s Office of Advocacy Financial Roundtable Monday to talk about CFPB's request for information on the small business lending market.
The credit union mission and structure remain unchanged, and so should the credit union tax status, CUNA President/CEO Jim Nussle wrote Monday in response to a recent article questioning the tax treatment of credit unions.
CUNA wrote in support of a bill Monday that clarifies the business of insurance is exempt from CFPB authority. The bill was introduced by Rep. Sean Duffy (R-Wis.) and co-sponsored by Rep. Gwen Moore (D-Wis.).
FinCEN's new customer due diligence requirements for business accounts are effective May 18, 2018, and CUNA’s compliance staff has received a number of questions. A recent CompBlog post examines CDD procedures and requirements.
Judge Thomas W. Thrash Jr. approved a settlement Friday between Home Depot and financial institutions in a lawsuit brought in the wake of a 2014 data breach. CUNA, state leagues and credit unions are among the plaintiffs.
More than 1,300 credit unions joined CUNA, CUNA Mutual Group and the Financial Services Information Sharing Center Thursday for a webinar on how credit unions can deal with the fallout after a data breach.
CUNA joined with other trade associations Thursday to write to Federal Reserve leadership outlining concerns with the Fed’s Secure Payments Task Force relating to an expanding scope, technical misstatements and procedural difficulties.
Nearly 50 young credit union professionals will spend the early part of next week in Washington, D.C. as part of CUNA’s first-ever advocacy training for young professionals, designed to help strengthen grassroots efforts.
CUNA wrote in support of legislation Monday that is a step forward in addressing the threat of litigation under the Americans With Disabilities Act, urging legislators to consider how credit unions are being impacted by frivolous litigation.
The House Financial Services Committee passed 8 CUNA-supported regulatory relief bills Thursday. CUNA wrote in support of the bills prior to the markup, particularly one that would raise the CFPB's supervisory threshold to $50 billion.