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Home » Topics » CUNA News » Policy & Issues

Policy & Issues
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Policy & Issues

NCUA, CDFI Fund to host webinar on small dollar lending program

Credit unions interested in the Community Development Financial Institutions (CDFI) Fund Small Dollar Loan Program can get valuable information on a Nov. 8 webinar hosted by CDFI Fund and NCUA, scheduled to begin at 2 p.m. ET.


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Policy & Issues

Rep. Blumenauer announces he will not seek re-election

Rep. Earl Blumenauer, D-Ore., announced he will not seek re-election in 2024. Blumenauer has served in Congress since 1996 and has supported numerous credit union priorities during his career, including the SAFE Banking Act and expanded member business lending authority. 
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Policy & Issues

Appropriations bills, veterans financial protection hearings scheduled this week

Both chambers of commerce are expected to consider appropriations legislation this week, while the Senate Banking, Housing, and Urban Affairs Committee will., starting at 10 a.m. ET.


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Policy & Issues

Economic Update covers student loan forbearance, Hispanic outreach

CUNA Senior Economist Ligia Vado delves into the scale of the potential effect the lift of student loan forbearance can have on credit union asset quality performance in CUNA's Economic Update and showcases initiatives that help credit unions to strategically market and service the Hispanic and Latino market.
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Policy & Issues

CUNA, NAFCU request extended comment period for data rights proposal

CUNA, NAFCU and other financial trade associations wrote to the Consumer Financial Protection Bureau Friday requesting an extended comment period for the bureau’s proposed personal financial data rights rule, to at least 90 days (more than the proposed 60).
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Staff training key to mitigating compliance risk
Policy & Issues

CUNA provides suggestions to improve NCUA speaker request forms

CUNA provided suggestions on how to improve NCUA’s speaker request forms in comments filed Friday, noting regulated credit unions’ ability to provide feedback to their federal regulator is of critical importance and beneficial for both NCUA and credit unions it supervises and insures.
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Policy & Issues

NCUA posts 2024-2025 proposed budget, sets Nov. 16 public briefing

The NCUA staff draft budget for 2024–2025 is now available on the agency’s website for review and comment. The draft budget has also been submitted for publication in the Federal Register, and the comment period is open until Nov. 21.


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‘A million markets of one’
Policy & Issues

CUNA-led litigation results in nationwide stay of CFPB’s 1071 rule

Credit unions are now protected by a nationwide injunction preventing implementation of the CFPB's section 1071 rule, after the U.S. District Court for the Southern District of Texas issued an order staying the rule for all covered financial institutions.
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Policy & Issues

Nussle, Berger counter misleading survey from bankers

CUNA President/CEO Jim Nussle and NAFCU President/CEO Dan Berger hit back against a recent survey from bankers that misleadingly asserts consumers don’t support the credit union tax exemption in a new op-ed in RealClear Markets.


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Policy & Issues

BNPL growth outpacing prudential regulatory oversight

Credit unions are concerned that the exponential growth of "buy now, pay later" products has outpaced prudential regulatory oversight and will ultimately lead to consumer harm, CUNA wrote to a House Financial Services subcommittee for its hearing on innovation in financial services.  
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Credit Union Magazine: Winter 2023

Winter 2023

The Winter 2023 issue of Credit Union Magazine explores award-winning marketing, board training on a budget, developments in instant payments, service to small businesses, and NCUA’s final rule on member expulsion.
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