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Legislative action needed to ensure CUs can continue member service

Congress must take legislative action to ensure that credit unions remain in a position to serve their members, including provide flexibility to NCUA to offer PCA, exempt pandemic member business loans from the cap, and remove field of membership restrictions.

Policy & Issues

Government funding legislation, hearing on CU governance bill this week

The House Financial Services Committee will discuss several credit union-related bills in a hearing this week, and Treasury and Federal Reserve leaders will testify before committees in both chambers. Funding for the federal government expires Sept. 30.

Policy & Issues

Nussle, NCUA’s Hauptman talk CUs’ role in pandemic, recovery

CUNA President/CEO Jim Nussle spoke with NCUA Vice Chairman Kyle Hauptman Monday on credit union pandemic-related issues and how NCUA can work to support credit unions through the pandemic and economic recovery.

Policy & Issues

Registration now open for April 14 webinar on BSA/AML compliance

Federally insured credit unions can get valuable information on Bank Secrecy Act and anti-money laundering compliance during a National Credit Union Administration webinar scheduled for April 14. Registration is now open, and it is scheduled to begin at 2 p.m. (ET).

Policy & Issues

Failure to modernize BSA thresholds adds unnecessary compliance burden

CUNA supports legislation from Rep. Barry Loudermilk (R-Ga.) that would increase the Currency Transaction Report threshold to $30,000 and increase the dollar amount thresholds for filing Suspicious Activity Reports from to $10,000 for most financial institutions..

Policy & Issues|GAC21 Tuesday

CUs are ‘ready-made solution’ for financial inclusion

Credit unions ‘showing their work’ is critical to advocacy success, CUNA Chief Advocacy Officer Ryan Donovan said Tuesday at the CUNA GAC.

Policy & Issues

COVID recovery, Fed testimony hearings scheduled this week

Both chambers of Congress are in session this week, and both are expected to consider the $1.9 trillion COVID relief legislation through the budget reconciliation process. The House Budget Committee will mark up its legislation starting Monday.

Policy & Issues

CUs look to continue strong mortgage credit performance

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Policy & Issues

PPP forgiveness, TDR relief extension in bipartisan COVID/funding bill

Federal policymakers unveiled an omnibus spending bill Monday that would fund the federal government through Sept. 30, 2021 and includes several CUNA-sought provisions related to pandemic relief. Congress passed the measure Monday evening.

Policy & Issues

CUNA calls for increased CDP funding for CUs in developing countries

CUNA wrote to Congressional leadership Tuesday in support of increased funding for the Cooperative Development Program, and specifically for community-based credit unions in developing countries, specifically at $20 million as in Senate Appropriations Committee legislation.

Fall 2023

Credit Union Magazine’s Fall 2023 issue examines how artificial intelligence is shaping marketing, strategies to improve cyber hygiene and overall cybersecurity, the need to employ risk management to address inflation and its impacts, new approaches to board recruiting, and NCUA’s top supervisory priorities.

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Policy & Issues
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Legislative action needed to ensure CUs can continue member service

Government funding legislation, hearing on CU governance bill this week

Nussle, NCUA’s Hauptman talk CUs’ role in pandemic, recovery

Registration now open for April 14 webinar on BSA/AML compliance

Failure to modernize BSA thresholds adds unnecessary compliance burden

CUs are ‘ready-made solution’ for financial inclusion

COVID recovery, Fed testimony hearings scheduled this week

CUs look to continue strong mortgage credit performance

PPP forgiveness, TDR relief extension in bipartisan COVID/funding bill

CUNA calls for increased CDP funding for CUs in developing countries

Fall 2023

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