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Home » Topics » CUNA News » Policy & Issues

Policy & Issues
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Policy & Issues

Sen. Dianne Feinstein dies at 90

Sen. Dianne Feinstein, D-Calif., died Thursday evening at the age of 90. CUNA President/CEO Jim Nussle and California/Nevada Credit Union League President/CEO Diana Dykstra remembered her as a friend to and believer in credit unions.


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Policy & Issues

NCUA awards $3.1M through expanded CDRLF grants

NCUA awarded $3.1 million in Community Development Revolving Loan Fund grants to 142 low-income and minority depository institutions, ranging from $1,000 to $50,000 to credit unions in 40 states and the District of Columbia.


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Going “regtech” for compliance
Policy & Issues

FinCEN issues Small Entity Compliance Guide for BOI reporting rule

FinCEN published a Small Entity Compliance Guide to assist the small business community in complying with the beneficial ownership information (BOI) reporting rule, intended to help businesses determine if they are required to report their beneficial ownership information.  


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Policy & Issues

CUNA meets with FCC on TCPA, call blocking proposals

CUNA, NAFCU, and other organizations met with the Federal Communications Commission several times in recent weeks on the Telephone Consumer Protection Act (TCPA) and TRACED Act rulemakings
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Policy & Issues

Senate Banking Committee passes cannabis banking bill

The Senate Banking, Housing, and Urban Affairs Committee passed the CUNA and League-supported Secure and Fair Enforcement Regulation (SAFER) Banking Act Wednesday with a 14-9 vote. The bill would provide a safe harbor for financial institutions and employees serving legal cannabis-based businesses.
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Compliance: CECL implementation delay made official by FASB
Policy & Issues

NCUA releases update September update to Simplified CECL Tool

NCUA released the September 2023 update of its Simplified CECL Tool, which includes the latest life-of-loan, or Weighted Average Remaining Maturity, factors, and other enhancements to to determine the credit loss expense, or provision for credit losses, for the quarter that ends Sept. 30.
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Policy & Issues

CUNA, NAFCU write in opposition of ‘all-in’ 36% rate cap

CUNA and NAFCU wrote to senate leaders this week in opposition of a “minibus” amendment that would create an “all-in” annual percentage rate (APR) cap of 36%. The organizations note that the provision would have a “seismic” impact on small-dollar loans and credit cards.
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Policy & Issues

Latest state affairs report provides Advancing Communities update

The latest edition of CUNA’s State Affairs Quarterly Report is now available, highlighting the credit union difference on the state level, including the latest from Advancing Communities and how credit unions worked in conjunction with Worldwide Elder Abuse Awareness Day.


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    Policy & Issues

    MD|DCUA responds to inaccurate WSJ op-ed on credit unions

    The MD|DC Credit Union Association wrote to their congressional delegation in response to an inaccurate op-ed published in the Wall Street Journal, noting credit unions “are dedicated to improving the financial well-being of members and the communities they serve."
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    Policy & Issues

    Senate committee to mark up SAFER Banking Act this week

    The House and Senate are in Washington, D.C., this week, the Senate, Banking, Housing, and Urban Affairs Committee will conduct a markup of the SAFER Banking Act, which would create a safe harbor for financial institutions serving legal cannabis businesses.
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    Credit Union Magazine: Rock Stars 2023

    Rock Stars 2023

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