The House passed the CUNA-supported Fair Hiring in Banking Act (H.R. 5911) Wednesday. The bill would replace the current ban on those interested in working in the banking sector with previous minor criminal records.
Three credit union supporters were successful in Tuesday’s primary elections in Nebraska and West Virginia. They were supported by the Nebraska Credit Union League and the Credit Union Legislative Action Council, CUNA’s federal political action committee.
The House and Senate are both in Washington, D.C., this week. The House will consider the CUNA-supported Fair Hiring in Banking Act, which would replace the current ban on those interested in working in the banking sector with previous minor criminal records.
CUNA supports the CFPB's proposal amending the Fair Credit Reporting Act to assist victims of human trafficking. The proposal would implement FCRA amendments to establish a method for a victim of trafficking to submit documentation to consumer reporting agencies.
CUNA is coordinating with League of Southeastern Credit Unions & Affiliates on a six-figure targeted member communications campaign in support of Katie Britt for U.S. Senate to replace the retiring Sen. Richard Shelby, R-Ala.
Credit unions’ unique characteristics produce significant pro-consumer benefits, according to CUNA’s 2022 National Voter Poll, as they unambiguously translate to greater financial resilience and higher levels of financial well-being for credit union members.
CUNA Senior Economist Dawit Kebede said strong job gains and a low unemployment rate implies consumer demand and spending will continue to be strong, in response to the Labor Department’s April jobs report.
NCUA will host a webinar for credit unions looking to protect their older members on Thursday, May 19, beginning at 1 p.m. ET. Registration for “How Credit Unions Can Protect Older Americans Against Financial Exploitation” is now open and will run approximately 60 minutes.
Credit Union Magazine’s Spring 2022 edition highlights inclusive lending, succession planning, fair lending and artificial intelligence, and the use of environmental, social, and governance (ESG) as a competitive differentiator.