Credit unions and leagues from New Jersey and the Dakotas were in Washington, D.C. this week as part of continuing CUNA/league advocacy efforts into the new Congress to discuss several issues of interest to credit unions and their members.
CUNA supports the Federal Reserve developing a real-time payments network, it wrote to the Fed’s board of governors Friday. CUNA sent its comment letter in response to a Fed call for comments on its faster payments proposal.
CUNA joined the National Association for Federally Insured Credit Unions and CUNA Mutual Group Thursday to file a brief in support of NCUA and its FOM rule, which was challenged by the American Bankers Association.
The BCFP has updated its small entity compliance guide for HMDA to reflect changes in S. 2155 and the bureau’s August interpretive rule. CUNA has urged the bureau to move quickly in implementing the S. 2155 changes.
The NCUA awarded $2 million in grants to 203 low-income credit unions, funding from the agency’s Community Development Revolving Loan Fund. CUNA successfully fought to restore funding when the CDRLF was zeroed out for fiscal year 2018.
CUNA staff attended arguments in Griffin v. DOL FCU Tuesday, an appellate-level case involving alleged noncompliance with the ADA. CUNA filed a brief in the case, as part of its ongoing advocacy to defend credit unions
CUNA members can now access a free recording of a webinar outlining the latest development in patent litigation brought against several credit unions involving remote deposit capture technology, CUNA's second webinar on the topic.
CUNA has launched a website highlighting each of the candidates supported by CUNA, leagues and credit unions in the 2018 mid-terms, where visitors can click on a state to see credit union-supported candidates.
The D.C. Circuit Court of Appeals has set a briefing schedule for the appeal of the field-of-membership lawsuit brought against NCUA by the ABA. CUNA fully supports NCUA in its appeal, and plans to submit an amicus brief.
CUNA will conduct a free webinar to discuss letter received by certain credit unions from law firms calling for negotiation of a patent licensing deal for remote deposit capture, scheduled for 3:30 to 5 p.m. (ET) Tuesday.
CUNA submitted additional written comments to NCUA Friday on the agency’s proposed 2019 operating budget. CUNA’s letter follows up CUNA Senior Economist Mike Schenk’s presentation to the board at its budget briefing earlier this month.