FHFA and NCUA leaders praise credit unions for member service.

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.

CUNA supports the FTC's proposed changes to its Safeguards Rule, which requires financial institutions to develop, implement and maintain a comprehensive security system to protect consumer information and is being reviewed in the wake of recent data breaches.

CUNA, state leagues individual credit unions and other strategic partners are working to deepen diversity, equity and inclusion throughout the industry at both the organizational and member levels, writes CUNA's Samira Salem in Credit Union Journal.

For credit unions in the Dakotas, Tuesday’s announcement that they are launching the Open Your Eyes to a Credit Union® campaign couldn’t have better timing, writes Jeff Olson, president/CEO of the Credit Union Association of the Dakotas.

CUNA attended the two-day meeting of the CFPB's Credit Union Advisory Council Wednesday and Thursday, which included discussions on faster payments, remittances and the CFPB’s recent debt collection proposal.

CUNA President/CEO Jim Nussle issued a statement on the passing of former Sen. Thad Cochran (R-Miss.) Thursday, the day the former legislator passed away at the age of 81. Cochran served in the Senate from 1978 until 2018.

NCUA should only promulgate new or expand existing rules only if they are warranted based on “a compelling need,” CUNA wrote to NCUA Thursday. CUNA also noted ways NCUA’s regulatory review could be improved.

Credit unions wrapped up another successful, record-breaking CUNA GAC Thursday with the last of their visits to Capitol Hill and legues, credit union leaders and legislators themselves shared their visits on social media using the #CUDifference hashtag.