CUNA, NAFCU, and coalition partners discussed the Federal Communications Commission’s (FCC) Telephone Consumer Protection Act (TCPA) rulemaking in meetings with commissioners’ staff over the past few weeks.
NCUA’s proposed 2024 budget represents a very significant increase from 2023 and CUNA is concerned with both the extent of and the reasons for the increase, CUNA Chief Economist Mike Schenk said at NCUA’s budget meeting Thursday.
The NCUA board approved a final rule expanding the definition of “qualified charity” credit unions can contribute to using a Charitable Donation Account (CDA). CUNA engaged with NCUA for more than a year on the need for such a rule, and fully supported it as proposed in comments filed in July.
Maine Credit Unions’ Campaign for Ending Hunger is bringing back its Holiday Meals for Mainers initiative. Now through Dec, 26 the Campaign is encouraging people to donate $5 (or more) to help feed a neighbor in need.
The Treasury’s Office of Cybersecurity and Critical Infrastructure Protection has been working closely with its financial services sector partners to respond to a ransomware incident last week targeting a financial institution and encourages all members of the financial services sector to review the relevant alerts.
CUNA announced its latest Associate Business Member is Open Lending, an industry leader in loan analytics and risk-based pricing. This partnership aims to strengthen advocacy efforts for credit unions and provide enhanced opportunities for borrowers.
The World Young Credit Union Professional Network opened its annual scholarship for two exciting opportunities to advance leadership skills for emerging leaders in the credit union space during 2024, with applications due Dec. 15.
America’s Credit Unions Transition Board of Directors Chair Brian Schools and Vice Chair Lisa Ginter are encouraging credit unions to embrace the industry’s cooperative spirit as the new organization begins its transformative journey in 2024.
The House passed a continuing resolution Tuesday to fund the federal government into 2024, with current funding scheduled to expire Nov. 17. It would fund several areas—including financial services provisions and the National Flood Insurance Program—through Feb. 2.
CUNA Senior Economist Dawit Kebede said the Labor Department’s October Consumer Price Index Report shows overall prices remain unchanged in October relative to September. The headline inflation over the last 12 months increased by 3.2%, down from 3.7% the previous month.