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 West Virginia Credit Union League joined the West Virginia Bankers Association Wednesday to call on the state’s members of Congress to support S. 2155 as the House will likely vote on the bill next week.
Credit unions interesting in coordinating with NCUA in the agency’s streamlined Community Development Financial Institution certification applications process will be able to do so from June 4-22 and Sept. 10-28 this year.
Credit union-supported candidates saw success in several states during Tuesday’s primary elections, including in competitive races for an open seat in Idaho and several congressional district races in Pennsylvania.
The House intends to vote on S. 2155 next week, as early as Tuesday, according to numerous reports. CUNA is urging credit unions to make a final push to encourage members of Congress to support the bill.
The Iowa Credit Union League has named Murray Williams as its next CEO, it announced Monday. Williams is the organization’s current chief operating officer, and has been with the league for more than 20 years.
The CFPB should delegate to the NCUA primary examination and enforcement of consumer protection laws for credit unions with more than $10 billion in assets, CUNA wrote in response to a bureau RFI on enforcement processes.