Numerous comments by credit unions and state leagues, other trade associations, consumer groups, and other third parties support CUNA’s petition calling for reforms to the TCPA, and CUNA highlighted these in its response comments to the petition.
The World Council of Credit Unions opposes making demutualizations--making member-owned entities into shareholder-owned entities-- the international standard for resolving weak financial cooperatives, it wrote last week to the International Association of Deposit Insurers.
A large gathering of league presidents, league service corporation and association executives, league chairs, government and political affairs professionals, CUNA executive committee members and system partners attended AACUL's annual meeting and winter conference.
Kicking off CUNA's National Hike the Hill Tuesday, Sen. Mark Udall (D-Colo.) thanked credit union and small business supporters for coming to Washington, D.C. to urge lawmakers to vote for legislation to increase the credit union member business lending limit.
The Consumer Financial Protection Bureau has announced its intentions to make "certain limited adjustments" to its recent final rule on international money transfers--also known as remittances--and to delay the effective date.
The Progressive Policy Institute, a Washington, D.C.-based think tank, is "blasting" Capitol Hill with a blog post that underscores PPI's position that increased member business lending authority for credit unions would "unleash billions to the smallest small businesses (50 employees or less) and allow new growth and hiring opportunities with no taxpayer assistance."
WASHINGTON (11/27/12 UPDATED 2 p.m. ET)--The Consumer Financial Protection Bureau has announced its intentions to make "certain limited adjustments" to its recent final rule on international money transfers--also known as remittances--and to delay the effective date.
The National Credit Union Administration should revisit its Low Income Credit Union (LICU) designation process in 12 months' time and hold periodic reviews of its LICU policy thereafter, CUNA recommended in a recent comment letter.
More than 500 credit union and small business supporters, representing nearly every state, will blanket Washington, D.C. today and Wednesday to urge legislators to approve U.S. House and Senate bills that would increase the credit union member business lending cap as part of a CUNA-organized National Hike the Hill.
More than 300 credit union compliance professionals from 237 credit unions and more than 20 associations attended last week’s CUNA/NASCUS BSA Conference to get the latest information on BSA compliance from regulators, attorneys and other compliance professionals.
The House Financial Services Committee completed its markup of 23 bills Wednesday, passing three CUNA-supported bills that CUNA President/CEO Jim Nussle said offer the kind of "targeted regulatory relief credit unions need."