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CUNA’s McMillan speaks at Black History Month kickoff event

CUNA Manager of State Outreach Tylik McMillan spoke Wednesday at the U.S. Department of Education to kick off Black History Month alongside Education Secretary Miguel Cardona, Rep. Jahana Hayes, D-Conn., and others.

Policy & Issues

CUNA, Iowa League receive MarCom Gold Award for political ad

CUNA and the Iowa Credit Union League were recognized with a MarCom Gold Award for Best Association Member Communications Digital Ad Campaign for an ad in support of Rep. Ashley Hinson, R-Iowa.

Policy & Issues

CFPB issues CUNA-opposed proposal on credit card late fees

The Consumer Financial Protection Bureau issued a proposed rule on credit card late fees Wednesday morning. CUNA has major concerns with the proposal and wrote to the CFPB last week urging it to conduct a Small Business Review Panel as required by statute.

Policy & Issues

Best-selling author, futurist Peter Diamandis to take the stage at CUNA GAC

Peter Diamandis, founder and executive chairman of XPRIZE Foundation and executive chairman of Singularity University, will speak Feb. 27, at the 2023 CUNA GAC. He will demonstrate the disruptive power of exponential technologies and how to identify opportunities to innovate.

Policy & Issues

FCU operating fees will decrease by average of 1.8% in 2023

Federal credit union operating fees will decrease by an average of approximately 1.8% in 2023, NCUA said in a Letter to Federal Credit Unions. Credit unions that owe an operating fee must submit it no later than April 18.

Policy & Issues

House passes CUNA, League-led board modernization bill

The House passed the CUNA-League-led Credit Union Board Modernization Act Monday night. CUNA wrote to House leadership Monday prior to the vote calling stating urging members of the House to vote in favor of the bill.

Policy & Issues

CUNA calls for Credit Union Board Modernization Act support prior to House vote

CUNA joined other organizations calling for House members to vote in support of the Credit Union Board Modernization Act Monday. The bill would allow federal credit union boards to meet at minimum six times per year instead of the current once per month.

Compliance: CECL implementation delay made official by FASB

Policy & Issues

NCUA releases new updated CECL FAQs, Simplified CECL Tool

The NCUA has released updates to its frequently asked questions on the current expected credit losses (CECL) accounting standard and its Simplified CECL Tool. The CECL GAAP FAQs address common credit union topics.

Policy & Issues

Key committee leaders supportive of credit union priorities

Key committee chairs and ranking members of the 118^th Congress are familiar faces to credit unions and Leagues, including the Senate Banking, Housing, and Urban Affairs Committee; Senate Finance Committee, House Financial Services Committee, and House Ways and Means Committee.

Policy & Issues

NCUA board maintains 18% FCU interest rate cap

The NCUA Board maintained the 18% federal credit union loan interest rate cap Thursday. CUNA requested the board consider using a floating rate ceiling, and the board agreed to begin exploring issues related to a floating cap and revisit the discussion in April.

Winter 2022

Credit Union Magazine’s Winter 2022 issue highlights data-driven marketing, the board’s role in cybersecurity, elder abuse scams, credit unions’ auto lending advantage, and more.

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Policy & Issues
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CUNA’s McMillan speaks at Black History Month kickoff event

CUNA, Iowa League receive MarCom Gold Award for political ad

CFPB issues CUNA-opposed proposal on credit card late fees

Best-selling author, futurist Peter Diamandis to take the stage at CUNA GAC

FCU operating fees will decrease by average of 1.8% in 2023

House passes CUNA, League-led board modernization bill

CUNA calls for Credit Union Board Modernization Act support prior to House vote

NCUA releases new updated CECL FAQs, Simplified CECL Tool

Key committee leaders supportive of credit union priorities

NCUA board maintains 18% FCU interest rate cap

Winter 2022

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