Credit Union National Association (CUNA) President/CEO Jim Nussle today wrote to the National Credit Union Administration (NCUA) Chairman Rodney Hood with additional recommendations to alleviate the impact of coronavirus (COVID-19) on credit unions and their members.
As credit unions grapple with the ongoing coronavirus disease (COVID-19) pandemic, CUNA, in partnership with the leagues, is providing several resources for credit union professionals through the CUNA/AACUL COVID-19 Response Center.
Credit Union National Association (CUNA) President/CEO Jim Nussle contacted the Financial Accounting Standards Board (FASB) today, urging for a delay of the effective date of the current expected credit losses (CECL) standard as it applies to credit unions.
Credit Union National Association (CUNA) and several other organizations responded to a letter from Sens. Mark Warner (D-Va.), Jack Reed (D-R.I.), Bob Menendez (D-N.J.), Elizabeth Warren (D-Mass.), Brian Schatz (D-Hawaii), Chris Van Hollen (D-Md.), Cather
Credit Union National Association (CUNA) President/CEO Jim Nussle wrote to President Donald Trump today to request that statutory and regulatory accommodations be made to ensure credit unions can continue to meet the financial services needs of their members impacted by the coronavirus (COVID-19).
In an effort to ease the financial effects that coronavirus disease (COVID-19) has on individuals and communities, Credit Union National Association (CUNA) today sent letters to the National Credit Union Administration (NCUA) and the Consumer Financial Protection Bureau (CFPB), asking the agencies to implement policies that would allow credit unions to better serve members.
Responding to a petition filed with the Supreme Court of the United States by the American Bankers Association in the case American Bankers Association v. National Credit Union Administration, the Credit Union National Association (CUNA), the National Association of Federally-Insured Credit Unions (NAFCU), and CUNA Mutual Group issued the following response: