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News

Home » Topics » CUNA News » Policy & Issues

Policy & Issues
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Membership growth leads January MCUEs
Policy & Issues

MCUEs: Credit union loans increased 1% in February

Credit union loans outstanding increased 1.0% in February 2022, compared to a 0.7% increase in January of 2022 and a 0.2% decrease in February of 2021, according to CUNA’s latest Monthly Credit Union Estimates.
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2020-04-Financial_wellcheck_117548
Policy & Issues

Economic Update examines financial well-being metrics

Survey data confirms credit unions advance the communities they serve.
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SBALogo
Policy & Issues

SBA Office of Advocacy is ‘key partner’ in tailored rulemaking

CUNA hopes Congress will continue to support the SBA Office of Advocacy, as it has done commendable work to amplify the voices of small businesses and entities that serve them and provides a forum for credit unions and other small entities to share their perspective.
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Cap1
Policy & Issues

Proportionality can increase financial inclusion, reduce inequities

Appropriately applied proportionality can significantly advance the G20’s goals of promoting financial inclusion. Proportionality allows national regulators to tailor rules often designed for large, internationally active banks to allow local, community-based financial institutions to operate.
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Cap1
Policy & Issues

Rep. Upton announces retirement

Rep. Fred Upton, R-Mich., will not seek re-election in 2022. Upton has long supported credit unions, including introducing legislation to simplify PPP loan forgiveness and citing credit unions when speaking in support of legislation to update the PPP process
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Credit union finance 101
Policy & Issues

NCUA, FDIC host April 14 webinar to aid providers helping young people

NCUA and the Federal Deposit Insurance Corporation will co-host a webinar focused on credit union officials, bankers, and workforce providers who help young people (ages 16–24) toward financial stability Thursday, April 14, beginning at 1 p.m. ET.
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Cap1
Policy & Issues

CUNA supports ‘comprehensive solution’ to close ILC loopholes

CUNA and other organizations wrote to House Financial Services Committee leadership Tuesday in support of legislation to close the industrial loan company (ILC) loopholes in current law, which allow them to operate without being subject to oversight and standards.
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Cap1
Policy & Issues

IRS hearing, Yellen testimony on international finance this week

The House and Senate are both in Washington, D.C. this week. The House will consider the Restaurant Revitalization Fund Replenishment Act of 2021, and the Senate will consider the nomination of Ketanji Brown Jackson to the U.S. Supreme Court.
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NCUALogo
Policy & Issues

NCUA should issue succession planning proposal as guidance

CUNA supports the overall objective of NCUA’s succession planning proposal but feels the benefits of a succession plan requirement can generally be achieved through guidance, without the accompanying burden associated with regulation.
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NCUALogo
Policy & Issues

Compliance: NCUA final rule on ‘service facility’ definition

NCUA issued a Letter to Federal Credit Unions (22-FCU-02) on the final rule amending the definition of “service facility” for multiple common-bond credit unions. The rule became effective Dec. 27, 2021.
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