CUNA filed a comment letter Thursday in response to the NCUA’s proposed rule to increase the asset threshold for supervision by NCUA’s Office of National Examinations and Supervision (ONES) for credit unions from $10 billion in assets to $15 billion.
CUNA and World Council of Credit Unions (WOCCU) urge the Cooperative Development Program (CDP) to increase its 2023 fiscal year funding to $50 million in letter sent to House and Senate State, Foreign Operations, and Related Programs Subcommittees.
It is important that critical measures to track and investigate financial crimes involving money laundering and terrorism not create compliance burdens that impede credit unions’ ability to serve consumers, CUNA stated in a letter to the House Financial Services Committee Thursday.
The Consumer Financial Protection Bureau (CFPB) has missed many opportunities to leverage credit unions’ mission, CUNA, AACUL, and the Leagues wrote to the House Committee on Financial Services on Tuesday.
CrossState Credit Union Association President/CEO Patrick Conway appeared with Pennsylvania Auditor General Tim DeFoor recently on Pennsylvania Newsmakers, a state politics and public policy talk show, to talk inflation and financial education.
Establishing and retaining a relationship with a credit union is the best way for a small business entrepreneur to partner with a provider of essential financial services, CUNA wrote to the House and Senate Small Business Committees Tuesday.
For credit unions to have the necessary resources to serve members and innovate, CUNA and the Leagues called on the Consumer Financial Protection Bureau (CFPB) to provide stability in the marketplace in a letter to the Senate Committee on Banking, Housing, and Urban Affairs Tuesday.
The Consumer Financial Protection Bureau (CFPB) has the opportunity to transform regulation without hampering consumers’ access to credit and financial products and services, CUNA wrote to the Senate Committee on Banking, Housing, and Urban Affairs Tuesday.