CUNA Senior Economist Dawit Kebede said the Labor Department’s November Jobs Report shows a "marked decline" in the unemployment rate, a sign of continued economic recovery.

Congress has passed and President Joe Biden has signed legislation funding the federal government through Feb. 18, Funding was scheduled to expire Friday at midnight. The legislation also extends the National Flood Insurance Program through Feb. 18. The NFIP was scheduled to expire at midnight as well.

CUNA joined a diverse multi-sector coalition of organizations calling on Senate leaders to include the Secure and Fair Enforcement (SAFE) Banking Act to the Senate National Defense Authorization Act (NDAA) for fiscal year 2022. The SAFE Banking Act was included in the House-passed NDAA.

Learn how to lay the groundwork for the coming changes resulting from the 2020 Anti-Money Laundering Act by attending Preparing for the Anti-Money Laundering Act of 2020 Changes webinar Dec. 7 at 2 p.m. ET.

The Consumer Financial Protection Bureau (CFPB) released a report on financial institutions’ reliance on overdraft fees Wednesday. According to the agency, revenues reached an estimated $15.47 billion in 2019.

Inflation rates will rise by 5% by the end of December, CUNA Chief Economist Mike Schenk said in a recent story by Fox Business.

Letter to House committee also calls for raising the MBL cap.

CUNA's advocacy efforts recognized as among the most effective lobbyists "in one of the busiest years on record for the D.C. influence world."

CUNA wrote a letter on Tuesday to the Senate Banking, Housing, and Urban Affairs Committee calling for relief to further help credit unions serve members affected by the pandemic.

Credit unions need to comment on a sweeping proposal that would require financial institutions to collect and report data on the credit applications of small businesses to CFPB.