The U. S. House of Representatives Tuesday passed H. Res. 77, expressing the sense of Congress that “financial institutions and other companies should work proactively with their customers affected by the shutdown of the Federal Government.”
CUNA and the leagues are calling on credit unions who provided assistance to furloughed members during the government shutdown to fill out a 10-minute survey on shutdown assistance efforts by Thursday, Jan. 31.
CUNA attended the FASB public roundtable meeting Monday, which featured a discussion of the board’s current expected credit loss (CECL) standard, and provided a forum for FASB to gather additional views on the credit losses standard.
Board members and officers of the Indiana Credit Union Foundation were recently elected, have begun working on initiatives for 2019. The board is comprised of seven individuals from Indiana credit unions elected by the Indiana Credit Union League board.
CUNA and the Minnesota Credit Union Network Monday announced the launch of "Open Your Eyes to a Credit Union" campaign, with a digital-first designed to raise consideration of credit unions using research-proven messages.
FASB will conduct a public roundtable discussion Monday to discuss additional views on its CECL standard, and CUNA will attend the discussion after pushing FASB to take opportunities for additional feedback on implementation of the standard.
President Donald Trump signed a bill Friday evening funding the government through Feb. 15, ending the partial government shutdown. CUNA President/CEO Jim Nussle thanked America’s credit unions for their efforts serving members who were furloughed.
CUNA sent information on credit union assistance efforts for members affected by the government shutdown to a group of five members of the Senate Banking Committee who reached out seeking information on assistance to federal workers.
Even before she became part of the credit union movement, Melissa Janssen of Royal CU, Eau Claire, Wis., was passionate about education. In June 2018 she attended the first ever CUNA National Young Professionals Conference.
Credit Union Magazine’s Winter 2020 edition features CUNA’s 2021 lending outlook, CEO insights on adjusting to the pandemic, and board recruitment strategies.