The NCUA board issued a corporate credit union proposal, adopted a final interagency policy statement on the CECL standard at its Thursday meeting, in addition to hearing briefings on credit union mortgage rates and the NCUSIF.
More than 5,000 credit union professionals will be in Washington, D.C. next week for CUNA’s GAC and CUNA Chief Advocacy Officer Ryan Donovan told Congress they are looking forward to meeting with policymakers on ways to advance communities.
A bill exempting loans to veteran-owned businesses from the member business lending cap has CUNA’s full support, CUNA President/CEO Jim Nussle wrote to bill sponsors Sens. Dan Sullivan (R-Alaska) and Mazie Hirono (D-Hawaii) Tuesday.
CUNA supports NCUA’s proposed “second chance” interpretive ruling and policy statement because it will effectively reduce regulatory burden. The IRPS would reduce the scope and number of offenses that would require an application to the Board.
Credit Union Magazine’s Spring 2022 edition highlights inclusive lending, succession planning, fair lending and artificial intelligence, and the use of environmental, social, and governance (ESG) as a competitive differentiator.