President Donald Trump nominated former NCUA board member Rodney Hood Wednesday to fill the board seat currently held by board member Rick Metsger. Hood was nominated in the last Congress but not confirmed.
CUNA is continuing to collect information on the increasing the number of credit unions around the country that are providing assistance to furloughed federal workers. CUNA’s Shutdown Assistance page features information on credit unions helping members.
The NCUA board will hear two briefings and discuss the agency’s 2019 performance plan at its Thursday meeting, its first of 2019. The meeting is scheduled to begin at 10 a.m. (ET), and will be streamed live.
CUNA strongly supports efforts to help protect seniors from financial exploitation and to empower seniors to make responsible financial decisions, it wrote to the Senate Special Committee on Aging Wednesday.
The National Credit Union Foundation has approved grants totaling $54,000 for three organizations to work with the Center for Financial Services Innovation to develop financial health-related key performance indicators.
CUNA supports an approach to federal credit union bylaws that provides those institutions flexibility to work within the bylaws, as well as an efficient amendments process when deviation is appropriate, CUNA wrote to NCUA Monday.
CUNA President/CEO Jim Nussle appeared as the inaugural guest on “The CUInsight Experience,” a podcast featuring thought leaders from around the credit union community, sharing the latest on CUNA’s advocacy efforts.
CUNA has named Greg Michlig as chief engagement officer. In this role he will continue to work closely with CUNA's leadership team and marketplace leaders to implement lasting, positive change within CUNA.
The Credit Union Legislative Action Council, CUNA’s federal political action committee, raised a record-breaking $5.3 million for the 2017-2018 election cycle, CUNA announced Monday, among the trade association PACs nationally.
NCUA outlined its areas of supervisory focus in its first Letter to Credit Unions of 2019, which includes Bank Secrecy Act compliance; concentrations of credit; consumer compliance; CECL; information systems and assurance; and liquidity and interest rate risks
America’s credit unions continue their work to ensure members affected by the government shutdown have access to low- or no-interest loans. CUNA is currently collecting information regarding the assistance credit unions across the nation are providing.
The Consumer Financial Protection Bureau released assessment reports on its Ability-to-Repay/Qualified Mortgage and mortgage servicing rules Thursday. The Dodd-Frank Act required the bureau to assess both rules.