While CUNA applauds bipartisan efforts from Congress to address robocalls and the FCC's treatment of them, it has concerns with the Stopping Bad Robocalls Act (H.R. 3375), which was marked up by House subcommittee Tuesday.
Technology has improved consumer access to financial services, but certain fintech does not have the regulatory structure in place that exists with credit unions and other financial institutions, CUNA wrote to a House Task Force on Financial Technology.
Online registration is open for a June 12 webinar discussing the Bank Enterprise Award Program hosted by NCUA. Staff from the Office of Credit Union Resources and Expansion will discuss the program and its potential benefits.
Leadership from CUNA, AACUL and state credit union associations across the country wrote to Senate Banking Committee leadership Wednesday to conduct hearings and discuss safe banking options for legal cannabis-based businesses.
Comments on proposals on HMDA reporting thresholds, loans and lines of credit to members and remittances are due in the month of June. A complete list of upcoming deadlines can be found on CUNA’s advocacy action page.
The House Appropriations subcommittee on financial services and general government passed its legislation for fiscal year 2020 Monday night, legislation with several important credit union priorities addressed including the CDFI Fund and NCUA's CDRLF.
Both chambers of Congress are back in Washington, D.C. this week. The House is expected to vote on a bill with an extension of the NFIP through Sept. 30 and CUNA is engaged with several hearings and markups throughout the week.
A new group aimed at developing young Mississippi credit union professional’s leadership passion and skills, L.E.A.D. (Leaders Engaging in Action & Development), held their second meeting in conjunction with the 2019 Mississippi Credit Union Association Annual Meeting and Convention.
NCUA issued a regulatory alert last week on flood insurance alternatives. Effective July 1, credit unions must accept private flood insurance for applicable loans as defined in the Biggert-Waters Act, in addition to policies available under NFIP.
Credit unions have never attempted a brand-building campaign on the scale of CUNA’s Awareness initiative, writes Tim Newbrough in CUToday, adding that this effort is needed “now more than ever” from a marketer’s perspective.
The House extended via unanimous consent the National Flood Insurance Program until June 14, a two-week extension of the program. President Donald Trump is expected to sign the bill, preventing the program from lapsing.
CUNA President/CEO Jim Nussle issued a statement on the passing of former Sen. Thad Cochran (R-Miss.) Thursday, the day the former legislator passed away at the age of 81. Cochran served in the Senate from 1978 until 2018.