Amendments to the NCUA’s field-of-membership rules go into effect Oct. 14, allowing a credit union applying for NCUA approval of a community charter, expansion, or conversion to designate a Combined Statistical Area or an individual, contiguous portion of a CSA as a well-defined local community.

The Senate is expected to vote on funding for the federal government past Sept. 30 this week, and CUNA will be engaged with several hearings as well, including ones on fintech regulation and one with the SBA inspector general.

The National Credit Union Foundation is currently seeking nominations for four board seats with a deadline of Oct. 28 to apply. The Foundation serves as the national charitable arm of the U.S. credit union movement and aims to be a catalyst to improve financial lives through credit unions.

More than 500 credit unions are now using Credit Union Compliance Management System™ after just six months of national availability. The solution has been adopted by credit unions of every asset size, from below $50 million to over $10 billion.

Credit unions are concerned PPP loan forgiveness process is overly complicated, CUNA wrote to a House Small Business subcommittee Friday. The letter follows two others on the importance of PPP forgiveness sent by CUNA to Congress this week.