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.
The House Financial Services and General Government Appropriations Act for fiscal year 2019 contains several regulatory relief provisions. The bill is expected to be marked up by the House FSGG subcommittee Thursday.
S. 2155 is poised to ease regulations on community-based financial institutions, CUNA President/CEO Jim Nussle wrote for Fox Business Wednesday. President Donald Trump is expected to sign the bill into law in the coming days.
More needs to be done to ensure credit union members can continue to receive their services, CUNA wrote to House leadership Tuesday evening. CUNA sent its letter following House passage of the S. 2155.
CUNA supports an efficient, effective and fair secondary mortgage market with equal access to lenders of all sizes, it wrote to Senate Banking Committee leadership Tuesday for its housing finance hearing.
The House voted Tuesday to pass S. 2155, a bipartisan regulatory relief bill that will provide much needed regulatory relief for credit unions. The bill now goes to President Donald Trump for his signature, which is expected in the coming days.
CUNA wrote in support Tuesday of a bill provision that would delay the effective date of NCUA’s risk-based capital rule by two years. Specifically, the provision would delay the effective date to January 2021.
The House is set to vote on S. 2155 today, and CUNA President/CEO Jim Nussle is urging credit unions to make one final push to their members of Congress through CUNA’s Campaign for Common-Sense Regulation website.