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Home » Topics » CUNA News » Policy & Issues

Policy & Issues
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MaineHunger
Policy & Issues

MainePoints highlights Campaign for Ending Hunger

WGAN’s MainePoints highlighted Maine Credit Unions’ Campaign for Ending Hunger this month. The interview highlights this year’s new fundraising initiative, encouraging people to donate $5 (or more) to help feed a hungry Mainer.
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Dawit Kebede
Policy & Issues

Kebede: Inflation continued to surge in November

CUNA Senior Economist Dawit Kebede noted that inflation continued to surge in November and there are expectations the Federal Open Market Committee will announce at its meeting next week that it will end asset purchases before June.
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NCUALogo
Policy & Issues

NCUA budget, NOL, subordinated debt final rule on Dec. 16 agenda

The NCUA board will consider the 2022 Normal Operating Level the agency’s 2022-23 budget at its Dec. 16 meeting. It will also vote on final rules related to mortgage servicing assets, complex credit union leverage ratio, and subordinated debt.
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NCUALogo
Policy & Issues

CUNA encourages continued NCUA efficiencies, cost savings

CUNA—and an “overwhelming majority” of CUNA members—have concerns around any expansion from NCUA in consumer protection examination activity, as it appears to be beyond the scope of NCUA’s primary objective, and that the credit union-member relationship is an incentive discouraging anti-consumer behavior.
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Cap1
Policy & Issues

Expanding FOM would leverage success of CU model

Credit unions are eager to support underserved communities, but archaic field of membership restrictions prevent the from expanding more broadly to those most in need. CUNA wrote Thursday in support of the Expanding Financial Access for Underserved Communities Act.
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Cap1
Policy & Issues

CUs in key position to deter scams targeting seniors

Many credit unions provide a full range of financial services, to their members, including seniors and their families, CUNA wrote to the Senate Special Committee on Aging Thursday. CUNA strongly supports efforts to help seniors avoid financial exploitation and to encourage responsible decisions regarding financial management.
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NCUABudget
Policy & Issues

Schenk: NCUA’s proposed budget raises questions

NCUA’s proposed budget appropriately responds to operational challenges but differs from NCUA’s draft strategic plan in several ways that raise questions. CUNA Chief Economist Mike Schenk and Virginia Credit Union League President/CEO Carrie Hunt presented Wednesday at NCUA’s public budget briefing.
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2021_07_cryptocurrency_119625
Policy & Issues

Congress should examine ways CUs can provide digital asset services

Congress should look for ways to regulate digital assets while protecting consumers, as CUNA fears cryptocurrency and blockchain based financial platforms are creating an unregulated financial sector that could have major repercussions to the economy.
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CUNA urges FCC to require purpose-built call blocking notification methods
Policy & Issues

CUNA urges FCC to require purpose-built call blocking notification methods

CUNA urged the FCC to retain purpose-built notification methods as it has ordered, or if it permits an alternative method, to sunset that permission in the future. The letter follows several meetings between CUNA and the FCC.
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Cap1
Policy & Issues

House passes compromise version of NDAA

The House passed a version of the fiscal year 2022 National Defense Authorization Act (NDAA) Tuesday night. This version does not contain bank-requested expansion of an arrangement allowing waivers for certain costs for credit unions on military installations.
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Credit Union Magazine: Winter 2023

Winter 2023

The Winter 2023 issue of Credit Union Magazine explores award-winning marketing, board training on a budget, developments in instant payments, service to small businesses, and NCUA’s final rule on member expulsion.
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