The CFPB released a new Elder Financial Exploitation report this month, based on data obtained from Suspicious Activity Reports filed between 2013 and 2017. It will conduct a webinar April 9 highlighting the findings of the report.
The CFPB announced Thursday amendments to its advisory committee charters, which include the Credit Union Advisory Council, and also announced it will begin accepting applications for new council members soon.
Sen. Elizabeth Warren (D-Mass.) released an updated version of her housing legislation Wednesday, a version that reflects significant engagement between CUNA, leagues, credit unions and Warren and unlike the previous version, it would not require credit unions to comply with the Community Reinvestment Act.
Credit unions have a stake in the ongoing stability of the National Flood Insurance Program, CUNA wrote to House Financial Committee, saying for too long it has been a source of uncertainty and instability.
While CUNA supports efforts to track money laundering and terrorist financing, it told a House subcommittee Wednesday that it’s also important to strike the balance between the costs to financial institutions and the benefits to the federal government.
Credit unions are the alternative to the profit-driven model of commercial banking, CUNA wrote to the House Financial Services Committee Wednesday for its hearing looking into Wells Fargo and other big banks.
Vice President Mike Pence’s address to the CUNA GAC was one of the highlights of the GAC agenda Tuesday, but a lot more happened during the last full day of sessions at the largest credit union event in history.
CUNA’s Open Your Eyes to A Credit Union® initiative is already making an impression on consumers, with nine million digital impressions from million people and 1.5 million videos have been viewed to completion.
NCUA Chairman J. Mark McWatters and board member Rick Metsger emphasized the importance of communication, collaboration and compromise during a discussion Tuesday hosted by CUNA President/CEO Jim Nussle.
For incoming CUNA Board Chair Brett Martinez, his bond with credit unions goes well beyond the 33 years he’s spent working for them. Growing up, his mother was a CEO of a small credit union, and he worked odd jobs there.
Credit union support for political candidates can make a big difference, especially in a close election, as evidenced by a discussion hosted by CUNA Deputy Chief Advocacy Officer for Political Action Trey Hawkins Tuesday at CUNA GAC.