Both chambers of Congress are in session this week, and both are expected to consider the $1.9 trillion COVID relief legislation through the budget reconciliation process. The House Budget Committee will mark up its legislation starting Monday.
Federal policymakers unveiled an omnibus spending bill Monday that would fund the federal government through Sept. 30, 2021 and includes several CUNA-sought provisions related to pandemic relief. Congress passed the measure Monday evening.
CUNA Lending Council is pleased to announce results of the recent executive committee election. Jim Block continues to serve as the group’s Chair, Ray Lindley as vice chair, and Cary Shumway as second vice chair.
CUNA wrote to Congressional leadership Tuesday in support of increased funding for the Cooperative Development Program, and specifically for community-based credit unions in developing countries, specifically at $20 million as in Senate Appropriations Committee legislation.
CUNA Strategic Services has many ways to match credit unions with innovative products and services, CSS President Barbara Lowman said on CUBroadcast this week. Lowman noted that matched products and services help foster more efficient credit union operations.
Legislation from Rep. Mike Gallagher (R-Wis.) would establish a Department of Education grant program encouraging K-12 schools to offer financial literacy programs and aligns with credit unions' mission to improve the financial well-being of members.
The Dakota Credit Union Association, formerly the Credit Union Association of the Dakotas, officially announced its new name this week at its annual Summit Meeting held in Sioux Falls, S.D. The League will also adopt an updated and modernized brand and color.
The BSA Coalition will host a “Regulatory Focus and Priorities” webinar Thursday, Sept 24, beginning at 10 a.m. (ET). The focus of the webinar is potential regulatory changes and the status of initiatives in 2020. Registration is now open.