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Home » Topics » CUNA News » Policy & Issues

Policy & Issues
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Policy & Issues

Message to Congress highlights credit union difference during recess

CUNA-League advocates messaged Congress to share information about key areas of the credit union difference.
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Policy & Issues

Illinois CUs meet Rep. Budzinski at Illinois League office

Credit union officials met with Rep. Nikki Budzinski, D-Ill., at the Illinois Credit Union League’s Springfield office Monday, discussing the financial services that credit unions provide to the nearly 345,000 credit union members residing in Illinois’ 13th Congressional District.
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Policy & Issues

CFPB should delay 1071 rule implementation for all covered entities

Credit union association leaders are working together to delay the CFPB from enforcing and implementing its final rule on section 101 of the Dodd-Frank Act. CUNA and NAFCU wrote a joint letter outlining concerns and requesting the delay of the rule after a U.S. District Court decision.
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Policy & Issues

CUNA, NAFCU respond to CDFI Fund certification recommendations

CUNA President/CEO Jim Nussle and NAFCU President/CEO Dan Berger issued a joint statement in response to the Community Development Financial Institution (CDFI) Fund’s Community Development Advisory Board’s Final and Approved CDFI Certification Recommendations adopted last week. 
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NCUA exam priorities: What to expect in 2020
Policy & Issues

Compliance: FFIEC updates BSA/AML exam manual

Agency released updates to several sections of the Bank Secrecy Act/Anti-Money Laundering Examination Manual.
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Policy & Issues

CUNA economics: Job growth beginning to slow

Labor Department report shows robust, albeit cooler, job growth, which is good news on the inflation front.
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Many Happy Returns
Policy & Issues

Golden 1 announces investment to strengthen under-resourced community

Credit union commits $10 million over the next five years to Sacramento’s Del Paso Heights neighborhood.
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Beyond IT: How to Create an Organization-wide Cybersecurity Culture
Policy & Issues

NCUA: Cyberattacks against credit unions, service providers trending upward

NCUA has observed a rise in cyberattacks against credit unions, including credit union service organizations (CUSOs), and others. These include an incident directly related to a critical vulnerability in the MOVEit Transfer web application, as well as other attacks unrelated to MOVEit. 
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Policy & Issues

Compliance: NCUA issues reminder on ECOA requirements

NCUA issued a reminder this week that "having a policy or practice of requiring manual underwriting as an exception to automated underwriting systems based on a minimum or maximum age" violates the Equal Credit Opportunity Act (ECOA) and its implementing regulation, Regulation B. 
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4 Steps to a Robust Planning Process
Policy & Issues

NCUA, agencies update guidance on liquidity risks, contingency planning

Federal financial institution regulatory agencies updated existing guidance on liquidity risks and contingency planning. The updated guidance highlights that depository institutions should regularly evaluate and update their contingency funding plans.


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Credit Union Magazine: Rock Stars 2023

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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