CUNA marked Veterans Day this week with a communication from Chief Advocacy Officer Ryan Donovan sent to all 535 congressional offices highlighting the credit union commitment to serving military veterans and their families.
CUNA supports the CFPB innovation mission and the use of “Tech Sprints,” but credit unions must have a seat at the table, CUNA wrote Friday. Tech Sprints gather experts to work together to develop innovative solutions to clearly-identified challenges.
The U.S. District Court for the Western District of Pennsylvania will hold a final approval hearing Nov. 6 for the settlement in the Wendy’s data breach lawsuit. CUNA, state leagues and a number of credit unions are among the plaintiffs in the lawsuit.
The House Financial Services Committee passed a bill Wednesday to require regulators to issue a report describing measures it has taken to strengthen cybersecurity and enhance the Federal Information Security Modernization Act
Credit unions can get valuable information about a range of consumer protection topics on a Nov. 19 webinar hosted by NCUA, including PAL IIs, HMDA review findings, Regulation B and elder financial abuse.
Protecting Americans’ financial and other personal information no matter what entity possesses it is of utmost importance to credit unions, CUNA wrote in support of the Cybersecurity and Financial System Resilience Act (H.R. 4458) Tuesday.
NCUA’s proposed 2020–2021 budget is now available for review and comment. The agency will hold a public budget briefing on Nov. 20, beginning at 10 a.m. (ET), at its Central Office in Alexandria, Va. and CUNA will present at the briefing.
CUNA attended last week’s two-day meeting of the CFPB’s Credit Union Advisory Council, which included a roundtable discussion and a conversation about HMDA. The CUAC consists of representatives from eight CUNA member credit unions.
The House passed the CUNA-supported COUNTER Act (H.R. 2514) by voice vote Monday, a bill that would index the Currency Transaction Report threshold for inflation every five years and further study the impact of Suspicious Activity Reports.
CUNA will be engaged with House consideration of the Coordinating Oversight, Upgrading and Innovating Technology (COUNTER) Act this week. The bill would index the threshold for CTRs with inflation and further study the impact of SARs.
The CFPB's next symposium will examine a Dodd-Frank Act section that amends the Equal Credit Opportunity Act, providing perspectives on the upcoming implementation of Section 1071. It will take place Nov. 6.