OSHA Thursday issued a new emergency temporary standard requiring covered employers develop, implement, and enforce a mandatory COVID-19 vaccination policy. All covered employees are required to either be vaccinated or commence weekly testing by Jan. 4, 2022.
Credit unions have profound interest in preserving the DoD's discretionary authority to allow credit unions to use land and space on military bases at a nominal rate, CUNA and other organizations wrote prior to expected Senate consideration of the FY2022 National Defense Authorization Act.
The CFPB conducted its Credit Union Advisory Council (CUAC) meeting Thursday, the first with the current set of members. The meeting included a discussion of the CFPB’s small business lending data proposal, age-friendly banking, and youth financial literacy.
Increasing diversity, equity, and inclusion in the credit union movement is the right thing to do and is good business, CUNA President/CEO Jim Nussle said Tuesday during NCUA’s DEI summit during a panel moderated by CUNA Vice President of DEI Samira Salem.
Data privacy and security continues to be a major concern, and credit unions call on Congress to pass a robust national data security standard that would cover all entities that collect consumer information and hold those who jeopardize that data accountable.
Two credit union-supported candidates were successful in Tuesday’s special elections in Ohio, Shontel Brown and Mike Carey. Both candidates were supported by the Credit Union Legislative Action Council, CUNA’s federal Political Action Committee, and the Ohio Credit Union League.
The G20 reaffirmed its support for CUNA and World Council of Credit Unions' call for national-level regulators put a greater focus on proportionality in the newly released G20 Rome Leaders’ Declaration, which embraces a commitment to enhancing financial inclusion.
Increased Internal Revenue Service (IRS) reporting requirements would not increase financial inclusion and equity, CUNA wrote with other cooperatives to President Joe Biden and leaders in Congress and the administration.
NCUA and the Federal Deposit Insurance Corporation are cohosting a webinar focused on helping young people (ages 16–24) on the road to financial stability Nov. 16, beginning at 3 p.m. ET. Registration for the hour-long webinar is now open.
CUNA will be engaged with several hearings on Capitol Hill this week, including ones related to consumer data-related cyberthreats. The House is expected to release the complete text of its reconciliation bill and potentially vote on it by the end of the week.
Credit Union Magazine’s Fall 2023 issue examines how artificial intelligence is shaping marketing, strategies to improve cyber hygiene and overall cybersecurity, the need to employ risk management to address inflation and its impacts, new approaches to board recruiting, and NCUA’s top supervisory priorities.