CUNA’s 2019 Year in Review Checklist is now available to help credit unions review and update policies and procedures to reflect regulatory changes of 2019. The checklist is designed to accompany CUNA’s 2019 Year in Review document.
The CFPB issued a policy statement Friday outlining its approach to the “abusiveness” standard in supervision and enforcement matters. CUNA has long recommended the CFPB act to clarify the scope and meaning of “abusiveness.”
CUNA announced four keynote speakers for the 2020 CUNA GAC: Political strategist Stephanie Cutter, political analyst Nicole Wallace, photographer Platon and David Plouffe, campaign strategist for President Barack Obama.
CUNA’s efforts to attract diverse candidates to serve on its Board of Directors was recently covered in CEO Update discussing the Board Recruitment Committee’s efforts to find and encourage candidates to run for a seat on CUNA’s board.
The NCUA board approved a two-year delay on its risk-based capital rule at its Thursday meeting, in addition to approving the agency’s 2020-21 budget. NCUA staff also indicated the NOL will remain at 1.38% for 2020.
The U.S. Court of Appeals for the D.C. Circuit denied the American Bankers Association’s appeal for a rehearing en banc in its lawsuit against NCUA’s field of membership rule. CUNA filed a brief in support of NCUA in the initial hearing, and strongly supports NCUA’s field-of-membership rule.
The Secure and Fair Enforcement (SAFE) Banking Act is a critical first step to ensure legal cannabis marketplaces are safe, legal and transparent, CUNA and other financial services trade organizations wrote to Senate Banking Committee leadership Thursday.
With a focus on collaboration, credit union leagues gathered in Florida for the AACUL winter conference, where they heard from a notable lineup of speakers including CFPB Director Kathy Kraninger and NCUA board member Todd Harper.
CUNA supported two bills supporting Minority Depository Institutions Wednesday, both part of a group of bills being marked up this week by the House Financial Services Committee. Both bills passed with unanimous bipartisan votes Tuesday afternoon.
CUNA and FS-ISAC will conduct a free webinar for CUNA members Dec. 17 designed to provide information on how credit unions can protect themselves from Business Email Compromise scams. The webinar is scheduled for 3 to 4 p.m. (ET).
This holiday season, the average consumer will spend more than $1,000 on gifts and related expenses and credit unions are there to ensure consumers maintain their financial health, CUNA's Ryan Donovan wrote to all 535 Congressional offices Tuesday.
CUNA fully supports NCUA’s latest FOM proposal, as it would re-adopt a provision to allow an applicant to designate a CSA, or an individual, contiguous portion thereof, as a WDLC, provided that the chosen area has a population of 2.5 million or less.