Sen. Elizabeth Warren’s (D-Mass.) proposal to place credit unions under the Community Reinvestment Act would be a step backward in access to affordable mortgage credit, CUNA Chief Advocacy Officer Ryan Donovan wrote in The Hill Wednesday.
The Federal Reserve board of governors Wednesday issued a request for comments for actions the Federal Reserve could take to support faster payments in the U.S. CUNA has requested the Fed increase its involvement in faster payments
CUNA has selected Quantivate as the intended provider of a platform as foundation for a new comprehensive compliance solution for credit unions. The platform will manage state and federal compliance burdens in one place.
CUNA applauds NCUA’s timely implementation of provisions in the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) and continues to await fulfillment of several provisions by the Bureau of Consumer Financial Protection.
Florida State Sen. Dorothy Hukill, who won a Desjardins Award in 2014 for her work to promote financial literacy to Florida students, passed away Tuesday at the age of 72. LCSU nominated Hukill for the award.
CUNA will be engaged with a hearing on the implementation of the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) this week, in addition to other activities on Capitol Hill this week.
CUNA and state credit union leagues are investing a record-breaking $7 million in support of credit union-friendly candidates for the 2018 midterm election cycle. CUNA announced Monday its backing for seven candidates.
The Federal Reserve has published a final rule amending subpart C of Regulation CC (Availability of Funds and Collection of Checks) to address check alteration disputes when the paper check is unavailable for inspection.
Hundreds of credit union leaders from 10 states met with elected officials and other policymakers throughout Washington, D.C. this week to talk credit union tax status and regulatory relief, among other topics, as part of their “Hike the Hill” visits.
CUNA was recognized Thursday for its grassroots success in getting more tens of thousands of messages to legislators in support of S. 2155. CUNA’s grassroots engagement with credit union leaders resulted in more than 50,000 messages sent to Congress.