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 President/CEO Jim Nussle highlighted the presence of local, member-owned credit unions in nearly every community in America in a LinkedIn post Thursday in response to an the decline of Bank of America branches.
The CFPB Wednesday finalized changes to its Equal Credit Opportunity Act regulations that could offer some regulatory relief, while issuing a separate proposal seeking input on proposed Home Mortgage Disclosure Act policy guidance.
CUNA Chief Advocacy Ryan Donovan called last week’s successful amendment keeping NCUA out of the appropriations process a great example of what’s possible with 360-degree advocacy in an interview with CUBroadcast Tuesday.
Though the House is in recess this week, the Senate is in session and CUNA is engaged on several fronts, including continuing to encourage senators to vote in favor of the repeal CFPB's arbitration rule.
CUNA's compliance staff receives a number of questions about TRID rule, leading to publication of a recent CompBlog post addressing means of delivery and timing requirements for the Loan Estimate and Closing Disclosure forms.
Credit unions are concerned about the likely unintended consequences of having to collect additional data on small business lending, CUNA wrote to the CFPB in response to an RFI about the small business lending market.
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.