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Foundation approves 3 grants for CU to develop fin. health KPIs

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.

Policy & Issues

CUNA calls for increased flexibility for FCU bylaws

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.

Policy & Issues

Nussle talks 2019 goals, CUNA GAC and more on podcast

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.

Policy & Issues

CUNA’s Donovan talks 2019 CU advocacy at White House

CUNA Chief Advocacy Officer Ryan Donovan met with senior administration officials at the White House Tuesday to discuss credit union advocacy priorities for 2019, CECL, the NCUA board and housing finance reform, among other topics.

Policy & Issues

Sen. Rounds introduces companion bill to RBC delay

Sen. Mike Rounds (R-S.D) introduced a Senate version of a CUNA-backed bill to delay implementation of NCUA’s risk-based capital (RBC) rule by two years, to January 2021. The bill has a House companion.

Policy & Issues

DCUC announces formation of Military Advocacy Committee

The Defense Credit Union Council announced the formation of its new Military Advocacy Committee, designed to help shape and guide the conversations on hot button issues such as the Military Lending Act, GAP insurance, and no-cost land leases.

Policy & Issues

NCUA lowers NOL to 1.38% at Thursday board meeting

The NCUA board approved a lowering of the normal operating level (NOL) at Thursday’s board meeting. CUNA has strongly pushed NCUA to lower the NOL, eventually to 1.3%.

Policy & Issues

CUNA’s Nussle, Donovan named The Hill’s top lobbyists

CUNA President/CEO Jim Nussle and Chief Advocacy Officer Ryan Donovan were named to The Hill’s list of top lobbyists for 2018. This is the fifth consecutive year Nussle has appeared on the list.

Policy & Issues

FCC approves creation of CUNA-backed reassigned numbers database

The FCC approved a Report and Order Wednesday to create a reassigned numbers database to combat unwanted robocalls. CUNA has strongly pushed for such a database as part of its ongoing advocacy to resolve issues related to the TCPA.

Policy & Issues

NCUA board to hear regulatory reform final report Thursday

The NCUA board will hear recommendations from the agency’s Regulatory Reform Task Force at its Thursday meeting. Scheduled for 10 a.m. (ET), the meeting is the board’s final of 2018 and will be streamed live.

Policy & Issues

CUNA: CECL ‘inappropriate’ for CUs, future relief needed

Application of the CECL standard to credit unions continues to be inappropriate, CUNA wrote Tuesday, citing the direct effect the standard will have on credit unions’ financial positions and concerns about the compliance burden.

Policy & Issues

Find creative materials, webinars at Awareness Initiative homepage

Access creative materials, recorded webinars and other resources detailing the Awareness Initiative and “Open Your Eyes” Campaign.

Policy & Issues

BCFP follows CUNA recommendation w/ ‘no-action’ letter proposal

The Bureau of Consumer Financial Protection will issue a proposal to revise its current “No-Action” letter policy following CUNA efforts to have the bureau amend to provide clarity regarding enforcement and supervision expectations.