Credit unions make a difference when they’re needed most, including during the coronavirus disease (COVID-19) pandemic, CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices Friday.
The House passed and President Donald Trump has signed into law the latest COVID-19 relief bill Friday, one with several provisions for credit unions. CUNA/League advocacy helped ensure credit unions were included in several provisions.
NCUA’s latest Letter to Credit Unions highlights a joint statement from federal financial regulators on encouraging responsible small-dollar lending during the COVID-19 pandemic, a statement expressly encouraging credit unions to offer responsible small-dollar loans.
FS-ISAC, in conjunction with CUNA and other financial trade organizations, will host a webinar-based exercise Thursday to give institutions an opportunity to practice and adapt technology and cybersecurity plans for large-scale, work-from-home scenarios in the event they are quickly needed.
CUNA has launched a 2020 election tracker to follow the success of CUNA supported candidates throughout the primary and into the general election, featuring an interactive map with candidates credit unions support, and the status of their primary race.
A report by the NCUA inspector general detailed disturbing actions by senior management, including the use of cannabis and trips to a strip club while on the clock. CUNA President/CEO Jim Nussle reacted on Twitter.
The spread of the coronavirus is allowing bad actors to exploit fears and target consumer data, CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices Thursday, citing an article about disease-related scams.
Rep. Blaine Luetkemeyer (R-Mo.) and the Republican members of the House Financial Services Committee introduced a CUNA-supported bill Thursday that would replace the CFPB single director with a bipartisan commission.
Sens. Tim Scott (R-S.C.) and Catherine Cortez Masto (D-Nev.) introduced a CUNA-supported bill Wednesday that would raise federal credit union loan maturity limits on non-mortgage loans from 15 to 20 years.
The Treasury’s CDFI Fund and NCUA’s CDRLF are two important funds that help credit unions advance underserved communities, CUNA wrote to the House Appropriations subcommittee on financial services and general government.
CUNA leadership took time during CUNA GAC to sit down with CUBroadcast, including Chris Lorence, executive director of Credit Union Awareness, Elizabeth Eurgubian, deputy chief advocacy officer and Tom Sakash, manager of small credit union initiatives.
The Wall Street Journal Editorial Board echoed CUNA’s thoughts on the constitutionality of the CFPB in a piece published as the U.S. Supreme Court prepares to hear a case questioning the constitutionality of having a single director removable only for cause.