Credit Union National Association (CUNA) Official Statement on Supreme Court Decision to Consider Curbing Consumer Financial Protection Bureau’s (CFPB) Independence
Credit Union National Association (CUNA) today released the October 2019 edition of the Economic Update, sponsored by the CUNA Finance Council. Senior Policy Analyst Samira Salem discusses CUNA’s 2019 Q3 economic and credit union forecast.
Credit Union National Association (CUNA) today announced that the category-level brand campaign, Open Your Eyes to a Credit Union®, is headed to Los Angeles and Orange County, California.
While a formal Board vote is still to come, based on unanimous support at today’s meeting, a final standard delaying the CECL effective date until 2023 will become official in the coming weeks.
Credit Union National Association (CUNA) Released the Following Statement after the Consumer Financial Protection Bureau (CFPB) announced that it will establish a taskforce to examine ways to harmonize and modernize federal consumer financial laws.
“While credit unions appreciate the CFPB extending the increased HMDA reporting threshold for open-end lines of credit, we strongly recommend the Bureau take action to make the 500-line threshold permanent to reduce the regulatory burden credit unions face, allowing them to confidently extend credit to consumers across the country,” said Alexander Monterrubio, Senior Director of Advocacy & Counsel for the Credit Union National Association.
“Today’s executive order is a strong step toward reining in regulator overreach. In recent years, we have seen federal agencies try to exceed their statutory authority and skirt their obligations under the Administrative Procedures Act by issuing guidance in lieu of new regulation...
The Credit Union National Association (CUNA) Recruitment Committee today launched an effort to begin recruiting for certain open positions within the CUNA Board of Directors.
Dianne Ballesteros is joining the Credit Union National Association (CUNA), the nation’s largest and most influential trade association advocating on behalf of America’s 115 million credit union members, as an Engagement Consultant. Ballesteros will work with credit unions in the California, Nevada, and Utah regions.