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Home » Topics » CUNA News » Policy & Issues

Policy & Issues
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Cap1
Policy & Issues

FOM modernization markup continues into Wednesday

The House Financial Services Committee will continue its markup of several credit union-supported bills, including the Expanding Financial Access for Underserved Communities, Wednesday. The markup went into Tuesday evening before breaking for a series of votes on the House floor.
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Winners
Policy & Issues

2023 Herb Wegner Memorial Awards nominations open

Nominations for The National Credit Union Foundation 2023 Herb Wegner Memorial Awards are now open. The awards celebrate innovators and changemakers of the credit union movement and are presented annually at the Foundation’s fundraising gala. 
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Cap1
Policy & Issues

FOM modernization bill is free-market solution to address financial access

CUNA wrote in support of several bills scheduled for markup Tuesday by the House Financial Services Committee, including the Expanding Financial Access for Underserved Communities Act, Close the ILC Loophole Act, and CDFI Bond Guarantee Improvement Act.
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Cap1
Policy & Issues

Legislation will enable CUs to serve ‘underserved, abandoned’ communities

The Expanding Financial Access to Underserved Communities Act will enable credit unions to help communities in need, many of which banks have abandoned or shown little interest in serving. CUNA, AACUL, and all Leagues wrote in advance of the bill’s scheduled markup..
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Cap1
Policy & Issues

FOM modernization, ILC loophole legislation scheduled for markup

The House and Senate are both in Washington, D.C., this week. The House Financial Services Committee will mark up several CUNA-supported bills Tuesday, including the CUNA-League-supported Expanding Financial Access for Underserved Communities Act (H.R. 7003).
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Cap1
Policy & Issues

Cooperative Development Program should be funded at $50M

CUNA wrote to Congressional appropriations leaders in strong support of $50 million in funding for the USAID’s Cooperative Development Program for fiscal year 2023 and asked Congress to support USAID’s existing partners in Ukraine, particularly credit unions.
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Cap2
Policy & Issues

House committee to mark up field of membership modernization bill

The House Financial Services Committee will mark up CUNA and League-supported legislation starting Tuesday. The bill, the Expanding Financial Access to Underserved Communities Act, was introduced in March by Chairwoman Maxine Waters, D-Calif.
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Flood
Policy & Issues

Final flood Q&As reflect CUNA-sought clarifications

NCUA and other federal financial regulators issued a joint rule finalizing significant changes to Flood Insurance Questions and Answers. The final rule—effective immediately—contains several CUNA-requested clarifications.
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Dawit Kebede
Policy & Issues

CUNA research: Housing, travel, cars boost April’s Consumer Index Report

CUNA Senior Economist Dawit Kebede said housing shortage, increased demand for summer travel, and supply constraints due to the lockdown in China will make it difficult for prices to fall in the coming months.
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Cybersecurity Safeguards
Policy & Issues

Cybersecurity resources available as war in Ukraine poses enhanced cyber threats to credit unions

CUNA’s cybersecurity webpage contains resources for credit unions—especially small credit unions—to help them prepare for threats presented by current geopolitical events. The Cybersecurity and Infrastructure Security Agency recently issued several alerts on increased cyberthreats because of the war in Ukraine.
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