William “Bill” Cheney officially takes the reins as Credit Union National Association (CUNA)
July 5. He replaces outgoing President/CEO Dan Mica at the helm of the nation’s largest credit union trade association.
The second phase of Same Day ACH rollout has a Sept. 15 effective date, and a list of recommended action items to be performed has been released. All financial institutions must be prepared to receive by Sept. 15.
The House Financial Services Committee will conduct a hearing on Rep. Jeb Hensarling’s (R-Texas) Financial CHOICE Act next week. CUNA President/CEO Jim Nussle said CUNA appreciated the effort to bring regulatory relief to credit unions and other institutions.