Credit unions are leading the call for data security legislation because they are “painfully aware” of how lax security can harm individuals’ financial security, CUNA Senior Director of Advocacy Lance Noggle wrote in Credit Union Times Friday.
CUNA and the National Credit Union Foundation have created a two-part complimentary webinar series to provide stakeholders with some of the most pressing trends, best practices, resources and preventative steps to combat and mitigate cybersecurity threats at credit unions.
The NCUA board will release a proposal on risk-based capital at its June 20 meeting. CUNA supported changes finalized by NCUA last year, but continues to believe the rule is an area in which NCUA could improve its regulations.
Project 2025, a new program from Credit Unions for Kids, will bring young credit union professionals together to help envision what the future of credit union philanthropy might look like in 2025. Project 2025 launched in April.
The CFPB issued a proposed rule on Home Mortgage Disclosure Act reporting requirements Thursday, which comes after months of CUNA, league and credit union engagement with Director Kathy Kraninger and staff about raising the thresholds.
Credit unions are committed to advancing diversity, equity and inclusion and have a long history of serving underserved and diverse communities CUNA wrote to the House Financial Services subcommittee on diversity and inclusion Wednesday.
Taking a narrow view of data privacy and security aimed at specific companies would be a “grave mistake,” CUNA wrote to Senate Commerce Committee leadership, noting that discussion of data security requirements as been “virtually nonexistent.”
Despite credit union’s continued growth in the credit card market, credit unions remain responsible credit card providers, CUNA wrote to the CFPB. The CFPB seeks input on several aspects of the consumer credit card market.
Data security and privacy issues create economic and even national security concerns, CUNA Chief Advocacy Officer Ryan Donovan wrote to Senate Commerce and House Energy and Commerce Committee staff Tuesday.
NCUA and the Small Business Administration Tuesday launched a three-year collaborative effort to bring small businesses and credit unions together and help credit unions better understand and make use of SBA-backed loans and resources.
CUNA wrote multiple letters to House and Senate committees and subcommittees Tuesday, ensuring credit union priorities were included in the record for hearings on housing, payday lending, illegal robocalls, regulatory guidance and international development.
With Congress back in Washington, D.C. after a two-week recess, CUNA is engaged with several hearings, including ones addressing financial regulator supervision, robocalls, diversity and inclusion, payday lending and data privacy, among others.
CUNA would be concerned with the inclusion of any language in the FY2020 NDAA for fiscal year 2020 that would allow banks rent-free access to military installations, CUNA wrote to House and Senate Armed Forces Committee leadership Monday.