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Compliance: FinCEN launches Global Investigations Division

FinCEN announced the launch of its Global Investigations Division, which will investigate and target terrorist finance and money laundering threats and work more closely with foreign counterparts to coordinate actions against such threats.

Policy & Issues

CUNA board resolution establishes DEI as CU cooperative principle

The CUNA Board of Directors, led by Brett Martinez, president/CEO of Redwood CU, voted in favor of a resolution to clearly and prominently establish diversity, equity and inclusion as a cooperative principle of America’s credit unions.

Policy & Issues

CUNA’s Schenk talks HELOCs with Money.com

CUNA Chief Economist Mike Schenk spoke with Money.com recently about what consumers should know when borrowing against their homes, specifically the ins and outs of a home equity line of credit and what homeowners should research.

Policy & Issues

National Youth Savings Challenge Yields $15M

The National Youth Saving Challenge, held in conjunction with National Credit Union Youth Week and sponsored by CUNA, encourages youth members to set goals and save money. Young members deposited more than $15 million into their savings accounts during this year’s savings challenge.

Policy & Issues

CUNA: RBC rule ‘functionally unnecessary,’ supports delay

CUNA supports a delay of NCUA’s risk-based capital (RBC) rule as proposed but maintains the rule as applied is “functionally unnecessary,” it wrote to NCUA today.

Policy & Issues

Consumers CU hosts luncheon for Illinois legislators

Consumers CU hosted a luncheon for Illinois state legislators earlier this month at the credit union’s administrative headquarters in Gurnee, Ill. in which each legislator talked about issues in their districts and topics important to them.

Policy & Issues

CUNA/League system to testify before Senate Banking Committee

Rachel Pross, Chief Risk Officer at Maps Credit Union, Salem, Ore., will testify on CUNA’s behalf before the Senate Banking Committee Tuesday during a hearing titled “Challenges for Cannabis and Banking: Outside Perspectives.”

Policy & Issues

Kansas, Missouri officially launch ‘Open Your Eyes to a CU’

Consumers in Kansas and Missouri started seeing Open Your Eyes to a Credit Union® materials Monday as CUNA’s Awareness initiative officially expands to those states.

Policy & Issues

This week in Congress: Senate testimony, robocalls and more

CUNA/League witness testimony before the Senate Banking Committee highlights a busy week in Congress, which also includes several hearings CUNA will be engaged with.

Policy & Issues

Compliance: CECL FAQ document, training sessions planned

FASB has issued a second CECL question-and-answer document about the standard, and staff announced that it is planning a series of training sessions discuss the document to help smaller institutions with CECL implementation.

Policy & Issues

CUNA findings: Branch location matters for the underserved

CUNA released Friday the July 2019 edition of the Economic Update, in which Senior Policy Analyst Samira Salem reports on recent U.S. economic growth developments, most notably a forecasted slowdown in economic growth.

Policy & Issues

CUNA, ABA express support for SAFE Banking Act in op-ed

Congress can stop the cannabis banking conundrum now, CUNA President/CEO Jim Nussle and American Bankers Association President/CEO Rob Nichols wrote in Fox Business Thursday in support of the SAFE Banking Act.

Policy & Issues

Nussle in Forbes: Cannabis banking access is public safety issue

Allow legal cannabis-based business access to mainstream financial services is a public safety issue, CUNA President/CEO Jim Nussle told Forbes before CUNA's testimony before the Senate Banking Committee next week.

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Policy & Issues
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Compliance: FinCEN launches Global Investigations Division

CUNA board resolution establishes DEI as CU cooperative principle

CUNA’s Schenk talks HELOCs with Money.com

National Youth Savings Challenge Yields $15M

CUNA: RBC rule ‘functionally unnecessary,’ supports delay

Consumers CU hosts luncheon for Illinois legislators

CUNA/League system to testify before Senate Banking Committee

Kansas, Missouri officially launch ‘Open Your Eyes to a CU’

This week in Congress: Senate testimony, robocalls and more

Compliance: CECL FAQ document, training sessions planned

CUNA findings: Branch location matters for the underserved

CUNA, ABA express support for SAFE Banking Act in op-ed

Nussle in Forbes: Cannabis banking access is public safety issue

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