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
  • Contact

News

Home » HEROES Act Passes House, CUNA responds
Press

HEROES Act Passes House, CUNA responds

May 18, 2020

FOR IMMEDIATE RELEASE 
May 15, 2020 
Washington, DC 
 
CONTACT: 
Lauren Williams 
CUNA Communications 
202-672-3396       

Credit Union National Association (CUNA) President/CEO Jim Nussle released the following statement after the House passed the HEROES Act Friday night, the latest proposal to provide relief from the coronavirus disease (COVID-19) pandemic.  

“House passage of the HEROES Act starts a process for a new round of recovery legislation intended to help consumers, small businesses and the economy in general weather and rebuild from the crisis. We were happy to see a number of the provisions that will help credit unions remain in a position to serve their members and communities, but we were disappointed that the legislation includes several provisions that would actually make it more difficult for consumers and small businesses to access safe and affordable financial services.” 

CUNA and Leagues will continue their engagement as the Senate puts together its package, with a priority to include additional beneficial policy proposals to help small businesses and communities not included in the House legislation.   

“This is the first step in the process, not the last word,” Nussle added.  

Credit Union Magazine: Spring 2022

Spring 2022

Credit Union Magazine’s Spring 2022 edition profiles four Credit Union Heroes and examines CUNA's advocacy priorities, the advocacy army, and financial well-being for all.
Digital Edition •  Subscribe

Trending

  • FOM modernization bill passes House Financial Services Committee

  • House committee to mark up field of membership modernization bill

  • Final flood Q&As reflect CUNA-sought clarifications

Tweets by CUNA_News

Polls

Are you ready for CECL?

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
© 2022 Credit Union National Association | ADA Compliance Notice & Legal
Email Us