CUNA submitted comments Friday on NCUA’s annual review of one-third of its regulations. In addition to its comments on the specific recommendations, CUNA called on NCUA to improve the process for soliciting input.
The FFIEC issued guidance that provides financial institutions with examples of effective authentication and access risk management principles and practices for customers, employees, and third parties accessing digital banking services and information systems.
America’s credit unions vehemently opposed any regulation or legislation that would impact the operation of credit or debit cards, CUNA wrote to the Federal Reserve in response to a proposed rule affecting require debit card issuers.
Ginnie Mae has several misconceptions about the nature of credit unions as mortgage lenders, CUNA Senior Director of Advocacy and Counsel Elizabeth LaBerge wrote in American Banker Wednesday. LaBerge’s op-ed follows comments CUNA filed with the same concerns earlier this week.
CUNA wrote in strong support of an amendment to the Senate Budget Resolution that would block expanding taxpayer information reporting requirements for financial institutions. CUNA also has concerns about how the proposal will affect accounts that are comingled with business and personal funds.
It’s time for Ginnie Mae to reassess its exclusion of credit unions from the definition of “depository institutions,” CUNA wrote to Ginnie Mae Monday. CUNA’s comments were sent in response to a Ginnie Mae request for information (RFI) on single family mortgage back security issuers.
NCUA sent a Letter to Credit Unions last week on the recently finalized, CUNA-supported rule rule lifting the prohibition of capitalization of interest in connection with loan workouts and modifications.
CUNA, League, and credit union leaders walked young professionals through the ins and outs of being an advocate this week during CUNA’s Young Professionals Advocacy Workshop. The three-day virtual workshop featured discussions on every aspect of advocacy, including a simulated meeting and panel of Congressional staffers.
CUNA Data Analyst Paul Hellman dives into the Federal Reserve’s Survey of Consumer Finances in CUNA’s latest Economic Update, which also features discussion of a paper he co-authored exploring credit union auto lending.