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.
NCUA awarded $75,000 in grants to three low-income, minority depository institution credit unions to support mentoring programs with larger credit unions. The grants were funded through the NCUA’s Community Development Revolving Loan Fund allocation.
The National Credit Union Foundation has been working closely with the California and Nevada Credit Union Leagues, Louisiana Credit Union League, and the Cornerstone Credit Union Foundation to evaluate the disaster relief needs of credit union employees and volunteers In response to the California Wildfires and Hurricane Laura
President Donald Trump announced Monday the nomination of Kyle Hauptman to the NCUA board. He is currently an advisor for Sen. Tom Cotton (R-Ark.) on economic policy and staff director of the Senate Banking Committee’s subcommittee on economic policy.
CUNA Chief Advocacy Officer Ryan Donovan gave an update on the latest phase of COVID-19 relief legislation, among other topics in his Advocacy Update video for this week. Both chambers of Congress are in session this week.
Credit unions have been supported during the pandemic by both collective and individual work of state leagues and associations across the county, American Association of Credit Union Leagues Executive Director Brad Miller wrote in CUInsight Friday.
NCUA Chairman Rodney Hood responded to CUNA/League concerns about the effects of the coronavirus outbreak Tuesday following a meeting with CUNA President/CEO Jim Nussle, expressing expressing appreciation for the work that credit unions are doing for communities.