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Home » Topics » CUNA News » Policy & Issues

Policy & Issues
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Branch2019WCUC
Policy & Issues

World Council President/CEO Brian Branch Announces Retirement

World Council of Credit Unions congratulates its President/CEO Brian Branch upon the announcement of his retirement, effective July 2021. Branch has enjoyed a career that has spanned 31 years with World Council.
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NCUACFPB
Policy & Issues

NCUA, CFPB sign memorandum of understanding

NCUA and the Consumer Financial Protection Bureau announced a memorandum of understanding agreement to improve coordination between the agencies related to the consumer protection supervision of credit unions over $10 billion dollars in assets.
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Treasury
Policy & Issues

FinCEN extends comment deadline for CVC proposal

The Financial Crimes Enforcement Network (FinCEN) extended the comment period for its recent convertible virtual currency (CVC) proposal as requested by CUNA and other commenters. The proposal was initially issued Dec. 23 with a 15-day comment period.
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SBALogo
Policy & Issues

PPP re-opens to small lenders Jan. 15, all lenders Jan. 19

The SBA and Treasury will re-open the PPP loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications January 15 at 9 a.m. (ET). The portal will fully open January 19 to all participating PPP lenders.
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Ryan Donovan
Policy & Issues

‘Strong, constant advocacy’ needed to highlight CU difference

The credit union mission and model shined despite tough circumstances in 2020, says CUNA Chief Advocacy Officer Ryan Donovan. Last year’s successes were due to advocacy at every level of the credit union movement but advocacy is a marathon, not a sprint.
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AACUC
Policy & Issues

CUNA, AACUC announce strategic alliance to further DEI

CUNA and the African-American Credit Union Coalition (AACUC) announced a strategic alliance to further diversity, equity and inclusion (DEI) within the credit union movement. The collaboration agreement focuses on a scholarship program and an online community for black credit union professionals.
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NCUALogo
Policy & Issues

NCUA issues letters on legislation, charters, operating fee

NCUA issued three letters to credit unions in the early days of 2021, one summarizing the latest COVID relief/government funding bill, and two outlining field of membership conversions and one with the 2021 Operating Fee Schedule.
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CFPBLogo
Policy & Issues

CUAC applications open through Feb. 24

The CFPB is accepting applications for membership in all four of its advisory committees, including the Credit Union Advisory Council through Feb. 24. The application is open now. New members serve two-year terms.
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SBALogo
Policy & Issues

PPP to open week of Jan. 11 through March 31

The SBA announced the Paycheck Protection Program will re-open the week of Jan. 11 for new borrowers and certain existing PPP borrowers. Up to $284 billion is authorized to be used toward job retention and certain other expenses through March 31.
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COVID
Policy & Issues

Interagency Paycheck Protection Program webinar set for Jan. 11

SBA and Treasury Department will present an overview of the new Paycheck Protection Program features associated with recently passed legislation. This webinar will take place on Monday, Jan. 11, at 2 p.m. (ET) and registration is now open.
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Credit Union Magazine - Winter 2020

Winter 2020

Credit Union Magazine’s Winter 2020 edition features CUNA’s 2021 lending outlook, CEO insights on adjusting to the pandemic, and board recruitment strategies.
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