CUNA News
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • Credit Union Magazine
    • Buyers' Guide
    • Digital Edition
    • Credit Union Hero
    • Credit Union Rock Star
    • Subscribe
    • Advertise
    • Contact
  • Advertise
  • 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
  • Awards
    • Nominate Credit Union Hero
    • Nominate Credit Union Rock Star
  • Podcasts
  • Videos
  • Jobs
  • Contact

News

Home » CUNA backs bipartisan bill to aid veteran homeownership
Policy & Issues

CUNA backs bipartisan bill to aid veteran homeownership

November 17, 2021
Cap1

CUNA wrote in support of a bipartisan bill to help veterans achieve homeownership Wednesday, the Building Credit Access for Veterans Act (S. 1838). The bill was introduced by Sens. Tim Scott (R-S.C.) and Richard Blumenthal (D-Conn.).

“Credit unions have a proud tradition of serving America’s servicemembers and veterans. Some of the oldest credit unions in the country were founded to serve members of the military and continue to serve servicemembers and veterans,” the letter reads. “This bill would direct the Secretary of Veterans Affairs to create a pilot program that would assess the viability of using alternative credit scoring information. Some of the alternative information could be proof of insurance, utilities, or rent histories.

“Credit unions are member-owned cooperatives that exist to look out for the financial well-being of their members,” it adds. “This legislation could potentially help more veterans achieve their goals of homeownership.”

Credit Union Magazine: Summer 2023

Summer 2023

Credit Union Magazine’s Summer 2023 issue highlights the lending outlook for the rest of the year, how credit unions leverage fintech companies to boost digital lending, the power of lending partnerships, common Bank Secrecy Act violations, and the shift board members must make when becoming chair.
Digital Edition •  Subscribe

Trending

  • Debt ceiling deal has credit union implications

  • Final week to nominate a 2023 Credit Union Rock Star

  • CUNA to host free webinar on FedNow service strategy June 13

Tweets by CUNA_News

Polls

Do you think ChatGPT will become useful for credit unions?

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