New Credit Union Awareness resources are available for credit unions to use when communicating about the coronavirus disease (COVID-19). The national digital campaign has been paused during the pandemic.
CUNA wrote in support Tuesday of a bill provision that would delay the effective date of NCUA’s risk-based capital rule by two years. Specifically, the provision would delay the effective date to January 2021.
The House is set to vote on S. 2155 today, and CUNA President/CEO Jim Nussle is urging credit unions to make one final push to their members of Congress through CUNA’s Campaign for Common-Sense Regulation website.
President Donald Trump Monday signed a CUNA-backed resolution of disapproval for the CFPB’s indirect auto lending bulletin. The bulletin was voided under the Congressional Review Act, after resolutions were approved by the House and Senate.
The CFPB should transfer examination and enforcement authority of the largest credit unions to NCUA, CUNA wrote Monday. If not, CUNA urged the bureau to work closely with NCUA and/or appropriate state regulators.
FinCEN has issued a ruling to provide a 90-day limited exceptive relief to covered financial institutions from the obligations of the beneficial ownership requirements for for certain accounts, effective as of May 11.
CUNA-requested language requesting the Department of Justice clarify website accessibility standards for the Americans with Disabilities Act was successfully added to a House appropriations bill Friday.