CUNA joined the Independent Community Bankers of America Wednesday in writing to House leadership to urge consideration and passage of the Economic Growth, Regulatory Relief and Consumer Protection Act.
CUNA President/CEO Jim Nussle corrected several falsehoods about credit unions’ tax status and reiterated that any change would be a direct tax increase in 110 million Americans Wednesday in a letter to the Senate Finance Committee.
Congress passed the fiscal year 2018 omnibus bill Thursday, and President Donald Trump is expected to sign the bill Friday to avoid a government shutdown. The bill contains many wins for credit unions.
The members of the Federal Financial Institutions Examination Council (FFIEC) announced an update on its examination modernization project that was undertaken following the review of regulations under the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA).
Mississippi Gov. Phil Bryant named state Agriculture and Commerce Commissioner Cindy Hyde-Smith to fill the seat vacated by Sen. Thad Cochran. Hyde-Smith recently attended a Mississippi Credit Union Association meeting, and is a credit union supporter.
CUNA Mutual AdvantEdge Analytics announced Wednesday it will work with Microsoft to develop the next generation data platform for the credit union industry. AdvantEdge Analytics is a CUNA Strategic Services provider.
CUNA and the LSCU and Affiliates filed a brief Tuesday in support of a credit union facing a lawsuit alleging noncompliance with the ADA. This follows similar CUNA/league actions in Texas, Illinois and Ohio.
CUNA President/CEO Jim Nussle appeared on CBS News Friday to talk the Senate’s bipartisan regulatory relief bill and White House personnel moves. Nussle served a director of the Office of Management and Budget under President George W. Bush from 2007 to 2009.
As the Senate spent more than a week debating its bipartisan regulatory relief bill S. 2155, CUNA credit unions used the Member Activation Program to activate their members in support of the common-sense regulation bill.