The House voted Thursday night in favor of the CUNA-backed bill, the Home Mortgage Disclosure Adjustment Act (H.R. 2954), which would raise the reporting threshold for certain Home Mortgage Disclosure Act requirements.
The Credit Union National Association (CUNA) and the National Association of Federally-Insured Credit Unions (NAFCU) today in a joint letter to Senate Committee on Finance Chairman Orrin Hatch defended the credit union industry's tax exemption status, stating that recent information propagated by state bank associations criticizing this status is erroneous.
Credit Union National Association witness Kim Sponem, President/CEO of Summit Credit Union in Madison, Wis., delivered the following oral testimony at today’s hearing in the House Financial Services Subcommittee on Financial Institutions and Consumer Credit, titled “Examining the Current Data Security and Breach Notification Regulatory Regime.”
Credit Union National Association President/CEO Jim Nussle highlighted how credit unions continue to fulfill their statutory mission in response to a question from Sen. Orrin Hatch (R-Utah) to NCUA on whether credit unions are evolving beyond their original purpose.
Lauren Williams has been named media relations manager for the Credit Union National Association (CUNA), the nation’s largest and most influential trade association advocating on behalf of America’s 110 million credit union members.