CUNA has received four additional nominations for its board elections, as of close of business Nov. 4. The deadline for nominations and seconds is Nov. 6.  In contested elections, voting will begin Nov. 12 and close Dec. 18.  

CUNA will be engaged with two Senate hearings this week, while the House is for a district work period. CUNA encourages leagues and credit unions to make contact with their elected officials to discuss credit union priorities in their home districts this week.

The CFPB and other agencies have announced thresholds for certain regulations for 2020. This includes for higher-priced mortgage loans made during calendar year 2020 and Regulations Z and M for consumer credit and lease transactions.

NCUA board member Todd Harper requests comment on creating a dedicated consumer compliance exam program for large, complex credit unions. Current exams in credit unions assets of $10 billion or less differs from other financial regulators.

The U.S. District Court for the Western District of Pennsylvania will hold a final approval hearing Nov. 6 for the settlement in the Wendy’s data breach lawsuit. CUNA, state leagues and a number of credit unions are among the plaintiffs in the lawsuit.