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Financial inclusion, capital access essential for small businesses

The CUNA-supported Expanding Financial Access for Underserved Communities Act would ensure small businesses would be able to access the capital they need, and financial inclusion and access to capital are critical to ensuring the survival of vulnerable small businesses.

Policy & Issues

CUNA raises pertinent NCUA issues for Harper re-nomination

NCUA Chairman Todd Harper testified before the Senate Banking, Housing, and Urban Affairs Committee Thursday. Harper—who joined the board in 2019 and was named chairman in January—has been re-nominated by President Joe Biden for an additional term.

Policy & Issues

Senate confirms Rohit Chopra as next CFPB director

The Senate Thursday confirmed Rohit Chopra to be the next director of the CFPB. Chopra comes to the CFPB from the Federal Trade Commission where he was a commissioner. He previously served as assistant director and student loan ombudsman at the CFPB

Policy & Issues

Congress passes legislation funding federal government through Dec. 3

The House and Senate both passed a continuing resolution Thursday to fund the federal government through Dec. 3, hours before funding was set to expire.

Policy & Issues

Additional actions needed to address pandemic’s economic consequences

Additional Congressional action will be needed to address the economic consequences of the pandemic, including legislation that provides relief and spurs economic growth for credit unions, their members, and communities.

NCUA exam priorities: What to expect in 2020

Policy & Issues

Increased IRS reporting ‘fundamentally flawed’ at any threshold

A proposal requiring increased financial institution reporting to the IRS is fundamentally flawed, CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices Wednesday citing concerns about the privacy of their nontax-related financial information.

Policy & Issues

National data security, privacy law w/ robust standards needed

Credit unions strongly support the enactment of a national data security and data privacy law that includes robust security standards that apply to all who collect or hold personal data and is preemptive of state laws and believe there can be no data privacy without strong data security

Policy & Issues

CUNA backs modernization bill, calls for look at ‘regulatory gaps’

CUNA supported a credit union governance modernization bill and commented on oversight of fintech companies in a letter to a House subcommittee Wednesday for the record of a hearing on the future of financial services.

Policy & Issues

Credit unions focus on proportionality leading up to G20

American credit unions—like their counterparts around the world—are vastly different than large international banks and should be regulated as such, CUNA Chief Advocacy Ryan Donovan said during a World Council of Credit Unions webinar on the importance of proportionality..

Policy & Issues

Nussle, NCUA’s Hauptman talk CUs’ role in pandemic, recovery

CUNA President/CEO Jim Nussle spoke with NCUA Vice Chairman Kyle Hauptman Monday on credit union pandemic-related issues and how NCUA can work to support credit unions through the pandemic and economic recovery.

Rock Stars 2023

Credit Union Rock Stars are outstanding credit union professionals and directors from a wide range of disciplines who inspire and innovate to advance the missions of their credit unions. The 25 members of the 11th class of Rock Stars were selected for their exceptional creativity, innovation, and passion.

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Policy & Issues
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Financial inclusion, capital access essential for small businesses

CUNA raises pertinent NCUA issues for Harper re-nomination

Senate confirms Rohit Chopra as next CFPB director

Congress passes legislation funding federal government through Dec. 3

Additional actions needed to address pandemic’s economic consequences

Increased IRS reporting ‘fundamentally flawed’ at any threshold

National data security, privacy law w/ robust standards needed

CUNA backs modernization bill, calls for look at ‘regulatory gaps’

Credit unions focus on proportionality leading up to G20

Nussle, NCUA’s Hauptman talk CUs’ role in pandemic, recovery

Rock Stars 2023

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