CUNA News
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • Topics
    • Community Service
    • Compliance
    • Credit Union Hero
    • Credit Union Rock Star
    • Credit Union System
    • Directors
    • Human Resources
    • Leadership
    • Lending
    • Marketing
    • Operations
    • Policy & Issues
    • Sales & Service
    • Technology
  • Credit Union Magazine
    • Buyers' Guide
    • COVID-19
    • Digital Edition
    • Credit Union Hero
    • Credit Union Rock Star
    • Subscribe
    • Advertise
    • Contact
  • Advertise
  • Awards
    • Nominate Credit Union Hero
    • Nominate Credit Union Rock Star
  • Podcasts
  • Videos
  • Jobs
  • Contact

News

Home » CUNA engages lawmakers on robocall legislation and fintech regulation
Press

CUNA engages lawmakers on robocall legislation and fintech regulation

June 26, 2019

FOR IMMEDIATE RELEASE    

June 25, 2019                                        

Credit Union National Association (CUNA) sent letters to Congress today ahead of the Energy & Commerce Committee markup of H.R. 3375, the “Stopping Bad Robocalls Act” and ahead of the House Financial Services Committee (HFSC) hearing on fintech revolution.   

  • CUNA shares the Energy and Commerce Committee’s concerns regarding the growth of illegal robocalls.  The challenge is how best to stop illegal calls while allowing legitimate businesses to continue to legally engage with their customers.  CUNA is appreciative of the bipartisan bill that has been put together and looks forward to working with the Committee to improve this legislation prior to the full Committee markup. In its current form. the bill could prevent credit unions and other legitimate businesses from providing members and customers with critical information regarding their accounts or business relationship. Read the letter in full here.  
  • Credit unions across the country are embracing and developing technology to deliver essential services to credit union members. One example is the shared branch network that enables credit union members to obtain banking services at thousands of credit union branches that are not owned and operated by the credit union at which they are a member. To provide this service, credit unions developed technology that allowed credit unions’ computer systems to work together. While CUNA supports the innovations brought by the fintech marketplace, it remains concerned the regulatory environment might create an environment in which consumers do not receive the same protections from unregulated businesses that offer services traditionally offered by credit unions and banks. Read the letter in full here.  

###          

About CUNA:           

Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 115 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org. To find your nearest credit union, visit YourMoneyFurther.com.  

CONTACT:          

Lauren Williams         
CUNA Communications         
202-672-3396 

 

 

Credit Union Magazine: Winter 2022

Winter 2022

Credit Union Magazine’s Winter 2022 issue highlights data-driven marketing, the board’s role in cybersecurity, elder abuse scams, credit unions’ auto lending advantage, and more.
Digital Edition •  Subscribe

Trending

  • Reps introduce bipartisan Credit Union Board Modernization Act

  • Compliance: Experts analyze NCUA’s 2023 supervisory priorities

  • CFPB must convene SBREFA panel for credit card fee rulemaking

Tweets by CUNA_News

Polls

How do you feel about the economy in 2023?

View Results
More

Champion for the Credit Union Movement

Credit Union National Association is the most influential financial services trade association and the only national association that advocates on behalf of all of America's credit unions. We work tirelessly to protect your best interests in Washington and all 50 states. We fuel your professional growth at every level and champion the credit union story at every turn.

More CUNA

  • Membership
  • Contact Us
  • Careers

Resources for

  • Credit Union Advocates
  • Leagues
  • Press
  • Providers

Our Affiliates

  • American Association of Credit Union Leagues (AACUL)
  • Credit Union Awareness
  • Credit Union House
  • CUNA Strategic Services
  • National Credit Union Foundation
GET CUNA UPDATES
© 2023 Credit Union National Association | ADA Compliance Notice & Legal
Email Us