The Financial Accounting Standards Board officially issued its proposal making several CUNA-backed changes to its current expected credit loss standard, first agreed to at its July board meeting. Comments will be due Sept. 19.
News Now, Policy and President Donald Trump signed the NDAA for FY19 Monday at Fort Drum, enacting the legislation without a provision CUNA fought to remove that could have negatively impacted military credit unions.
CUNA supports the creation of a robust, comprehensive reassigned numbers database, it wrote to the FCC Thursday. CUNA has raised the issue of reassigned numbers as part of other concerns with the TCPA.
CUNA, league and credit union plaintiffs filed an amended complaint Wednesday in their lawsuit against Equifax, providing significantly more detailed factual allegations demonstrating Equifax’s active failure to properly secure data.
CUNA presented the Bureau of Consumer Financial Protection with a comprehensive white paper, “CUNA's Common-Sense Reforms to Bureau of Consumer Financial Protection Rules and Procedures,” Tuesday, as part of CUNA’s continued advocacy efforts in the wake of S. 2155 being signed into law.
As momentum for House consideration of the Economic Growth, Regulatory Relief and Consumer Protection act picks up, CUNA is urging members to use its Member Activation Program to activate their members in support of the bill.
Michigan Credit Union League President/COO Ken Ross joined Michigan Bankers Association President/CEO Rann Paynter last week to urge members of the Michigan congressional delegation to support S. 2155.
Credit unions raised $380,000 in their 17th year of title sponsorship of the Credit Union Cherry Blossom Ten Mile Run, which saw 16,661 runners participate Sunday, in addition to 2,529 in the 5K Run-Walk.