The deadline is approaching for credit union supporters to nominate individuals and organizations by July 26 for the Herb Wegner Memorial Awards to be presented by the National Credit Union Foundation during the 2020 CUNA GAC.
CUNA supports the addition of language to address erroneous call-blocking by the Federal Communications Commission, prior to a House Energy and Commerce Committee markup of the Stopping Bad Robocalls Act (H.R. 3375).
Rachel Pross, chief risk officer at Maps CU in Salem, Oregon will testify on behalf of CUNA at a hearing on cannabis banking conducted by the Senate Banking Committee July 23, starting at 10:00 a.m. (ET).
The U.S. Court of Appeals for the Seventh Circuit ruled in favor of a credit union facing a frivolous lawsuit claiming violations of the ADA Monday. CUNA and the Wisconsin and Illinois Credit Union Leagues filed a brief in support of Aurora Policemen CU.
CUNA will be engaged with several hearings this week, including on robocall scams directed at seniors and Facebook’s proposed digital currency, which will be discusses in the House Financial Services Committee and Senate Banking Committee.
CUNA supports the CFPB conducting regular, robust reviews of its regulations with an eye toward reducing burden, it wrote to the CFPB Monday in response to the agency’s review plan as required by the Regulatory Flexibility Act.
CUNA supports proposed modifications to the National Settlement Service and Fedwire operating hours in order to allow the addition of a third daily ACH processing window, with a 4:45 p.m. (ET) submission deadline.
CUNA’s Compliance team has questions regarding which provisions of the CFPB’s payday loan rule are delayed and which will become effective in August. In response, staff has created a CompBlog entry detailing the effective dates.