Tonight, President Donald Trump will address the nation in his State of the Union speech and CUNA hopes the president will shed new light on regulatory relief.

The Credit Union National Association (CUNA) and the National Association of Federal Credit Unions (NAFCU) filed an amicus brief supporting the National Credit Union Administration’s (NCUA) motion to dismiss the lawsuit recently filed by the Independent Community Bankers of America (ICBA) which challenges the agency’s authority to issue its latest member business lending rule. 

The Credit Union National Association (CUNA) applauds the Consumer Financial Protection Bureau (CFPB) and Director Richard Cordray for today's action to expand the ability for credit unions and other small creditors to provide much-needed services in rural communities and other underserved areas. 

The vote is in, and the membership of the Credit Union National Association (CUNA) has overwhelmingly approved the modernization of our bylaws. 

The membership of the Credit Union National Association (CUNA) has overwhelmingly voted to modernize the association's bylaws.

We continue to be disappointed in Director Cordray's stance on the impact the CFPB's regulations are having on not-for-profit, member-directed credit unions, said Jim Nussle, CUNA's President and CEO.

A bipartisan group of 329 members of the U.S. House of Representatives today sent a letter to Consumer Financial Protection Bureau (CFPB) Director Richard Cordray urging the bureau to use its rulemaking exemption authority to protect credit unions and other community-based financial institutions from provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank).