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Home » Topics » CUNA News » Policy & Issues

Policy & Issues
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Congress working on appropriations bills as funding expires Dec. 20

Federal government funding is scheduled to expire Dec. 20, and reports indicate Congress has reached tentative agreement to prevent funding from lapsing. Should no agreement be reached by Dec. 20, the federal government would shut down.
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CEO Update covers CUNA efforts to diversify Board of Directors

CUNA’s efforts to attract diverse candidates to serve on its Board of Directors was recently covered in CEO Update discussing the Board Recruitment Committee’s efforts to find and encourage candidates to run for a seat on CUNA’s board.
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NCUA delays RBC to 2022, approves 2020-21 budget

The NCUA board approved a two-year delay on its risk-based capital rule at its Thursday meeting, in addition to approving the agency’s 2020-21 budget. NCUA staff also indicated the NOL will remain at 1.38% for 2020.
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Policy & Issues

Gov’t funding, MDI hearing on Congressional agenda this week

Congress is expected to consider legislation this week to fund the federal government past Nov. 21, when funding is set to expire. CUNA will also be engaged with several hearings in both chambers this week.
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Policy & Issues

CUNA’s Nov. 20 webinar to discuss RDC compliance

CUNA will host a free webinar Nov. 20 discussing patent enforcement of remote deposit capture technology, particularly in the wake of the $200 million verdict awarded to USAA from Wells Fargo earlier this month scheduled to begin at 1 p.m. (ET).
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Policy & Issues

Federal govt funding set to expire Nov. 21 as Congress considers CR

Funding for the federal government is set to expire Nov. 21, though Congress is expected to consider another continuing resolution this week to fund the government through Dec. 20, according to reports.
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Policy & Issues

Compliance: CECL implementation delay until 2023 finalized

The Financial Accounting Standards Board officially finalized the delay for implementation of the CECL standard to January 2023 Friday. The board agreed to the delay in October and Friday’s action makes it official.
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Policy & Issues

Google visits CUNA office to talk new checking product

Google staff visited CUNA’s Washington, D.C. office earlier this week to discuss its plans to partner with credit unions and banks to offer checking accounts through Google Pay, providing details along with a timeline.
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Policy & Issues

NCUA to finalize ‘second chance’ IPRS, appraisal proposal Nov. 21

The NCUA board will discuss a proposal on real estate appraisals, a final interpretive rule and policy statement on Chairman Rodney Hood’s “second chance” proposal at its Nov. 21 meeting, scheduled to begin at 10 a.m. (ET).
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Policy & Issues

Veterans MBL bill will provide easier access to capital

A bill exempting loans to veteran-owned businesses from the member business lending cap has CUNA’s full support, CUNA President/CEO Jim Nussle wrote to bill sponsors Sens. Dan Sullivan (R-Alaska) and Mazie Hirono (D-Hawaii) Tuesday.
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Policy & Issues

CUNA backs mortgage access act, concerned w/ potential FCDPA expansions

CUNA commented on four bills set to be marked up starting Wednesday by the House Financial Services Committee, supporting one and expressing concerns over three related to the Fair Debt Collection Practices Act..
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Policy & Issues

CUs are committed to investing in veterans’ financial health

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.
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Policy & Issues

Bipartisan Senate bill would exempt veteran loans from MBL cap

Sens. Dan Sullivan (R-Alaska) and Mazie Hirono (D-Hawaii) introduced a CUNA-supported bill Tuesday to exempt loans made to veteran-owned businesses from a credit union’s member business lending cap.
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Credit Union Magazine - Winter 2019

Winter 2019

Alternative lending, compliance management systems, and ideas for boosting credit card portfolios are among the topics of Credit Union Magazine’s Winter 2019 edition.
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