CUNA submitted a letter to the Secretary for the Board of Governors of the Federal Reserve Ann Misback on Friday in response to the Board’s proposed guidelines for evaluating account and services requests.
World Council of Credit Unions' (WOCCU) Economic Inclusion Project (EIP), a USAID-funded activity, and the National Federation of Credit Unions of Peru (FENACREP) recently launched a new initiative called “The Strengthening Route.”
Comments on several items of relevant to credit unions are due in the next several weeks. For a complete list, visit CUNA’s Letters and Testimonies page.
Credit union trainers have the opportunity to network with peers, learn from expert speakers, and be recognized for their work during CUNA Experience Learning Live!
Staff from the NCUA’s Office of Examination and Insurance will focus on the overall capital adequacy framework for all federally insured credit unions, including the final RBC and CCULR rules, during a Feb. 23 hosted by NCUA.
The House passed the CUNA/League-supported Secure and Fair Enforcement (SAFE) Banking Act Thursday night as an amendment attached to the America COMPETES Act. The SAFE Banking Act would provide protections to financial institutions serving cannabis-based businesses where it is legal
The World Council of Credit Unions continued to successfully advocate before international standard setting bodies on behalf of the global financial cooperative movement in 2021, and details top international advocacy success stories of 2021.
Increased regulatory requirements loom for credit unions as they reach the $10-billion mark in assets. A Jan. 14 webinar for CUNA members, Nearing $10 Billion in Assets: Key CFPB & NCUA CMS Expectations, will help prepare credit unions for what to expect.
CUNA fears cryptocurrency and blockchain based financial platforms are creating an unregulated financial sector that could have major repercussions to the economy, and notes while they allow for innovation, they must be overseen.
A $45,000 grant issued through Worldwide Foundation for Credit Unions’ Project Storm Break program helped six Haitian credit unions get back to serving their members despite an August earthquake that caused major damage to their permanent structures.