The House will consider remote notarization legislation, the CUNA-supported SECURE Notarization Act of 2023 (H.R. 1059), this week, and the House Financial Services Committee will conduct a markup starting Tuesday.
The 2023 CUNA Governmental Affairs Conference kicks off Sunday, Feb. 26, at the Walter E. Washington Convention Center, with a record-breaking more than 5,400 credit union leaders and advocates registered to attend.
CUNA will host a free webinar March 6, starting at 2 p.m. ET on the basics of instant payments, "CUNA Instant Payments 101 & Building your Business Case." Developed by the Federal Reserve, FedNow is set to launch in mid-2023.
CUNA wrote in support of legislation to prevent, and codify opposition to, the implementation of a Treasury proposal to require financial institutions to report additional account holder information to the IRS.
Virginia State Sen. Jennifer McClellan was elected to the U.S. Congress Tuesday in a special election. McClellan—the first Black woman elected to represent Virginia in Congress—is supported by the Credit Union Legislative Action Council and the Virginia Credit Union League.
Thousands of credit union leaders are headed to Washington, D.C. to advocate for credit unions, CUNA President/CEO Jim Nussle wrote in CUInsight Tuesday, and they have plenty they're looking to accomplish.
Credit union loans outstanding increased 1.1% in
December, according to CUNA's latest Monthly Credit Union Estimates, compared to a 1.2% increase in November
2022, and a 1.0% increase in December 2021.
CUNA filed an amicus brief to clarify that the Fair Credit Reporting Act requires furnishers and credit reporting agencies to investigate and remove factually inaccurate information, but not to correctly resolve all legal disputes about a debt.
Credit Union Magazine’s Spring 2023 issue features the 2023 Credit Union Heroes and examines CUNA-League advocacy priorities, board leadership, the impact of financial well-being efforts, fee-related compliance issues, predictions for the year ahead, and more.