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Home » Topics » CUNA News

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Cap1
Policy & Issues

Legislation will enable CUs to serve ‘underserved, abandoned’ communities

The Expanding Financial Access to Underserved Communities Act will enable credit unions to help communities in need, many of which banks have abandoned or shown little interest in serving. CUNA, AACUL, and all Leagues wrote in advance of the bill’s scheduled markup..
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Cap1
Policy & Issues

FOM modernization, ILC loophole legislation scheduled for markup

The House and Senate are both in Washington, D.C., this week. The House Financial Services Committee will mark up several CUNA-supported bills Tuesday, including the CUNA-League-supported Expanding Financial Access for Underserved Communities Act (H.R. 7003).
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Cap1
Policy & Issues

Cooperative Development Program should be funded at $50M

CUNA wrote to Congressional appropriations leaders in strong support of $50 million in funding for the USAID’s Cooperative Development Program for fiscal year 2023 and asked Congress to support USAID’s existing partners in Ukraine, particularly credit unions.
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Cap2
Policy & Issues

House committee to mark up field of membership modernization bill

The House Financial Services Committee will mark up CUNA and League-supported legislation starting Tuesday. The bill, the Expanding Financial Access to Underserved Communities Act, was introduced in March by Chairwoman Maxine Waters, D-Calif.
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Flood
Policy & Issues

Final flood Q&As reflect CUNA-sought clarifications

NCUA and other federal financial regulators issued a joint rule finalizing significant changes to Flood Insurance Questions and Answers. The final rule—effective immediately—contains several CUNA-requested clarifications.
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Dawit Kebede
Policy & Issues

CUNA research: Housing, travel, cars boost April’s Consumer Index Report

CUNA Senior Economist Dawit Kebede said housing shortage, increased demand for summer travel, and supply constraints due to the lockdown in China will make it difficult for prices to fall in the coming months.
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Cybersecurity Safeguards
Policy & Issues

Cybersecurity resources available as war in Ukraine poses enhanced cyber threats to credit unions

CUNA’s cybersecurity webpage contains resources for credit unions—especially small credit unions—to help them prepare for threats presented by current geopolitical events. The Cybersecurity and Infrastructure Security Agency recently issued several alerts on increased cyberthreats because of the war in Ukraine.
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Cap1
Policy & Issues

House passes CUNA-backed fair hiring bill

The House passed the CUNA-supported Fair Hiring in Banking Act (H.R. 5911) Wednesday. The bill would replace the current ban on those interested in working in the banking sector with previous minor criminal records.
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Elections
Policy & Issues

Credit union supporters win primaries in Nebraska

Three credit union supporters were successful in Tuesday’s primary elections in Nebraska and West Virginia. They were supported by the Nebraska Credit Union League and the Credit Union Legislative Action Council, CUNA’s federal political action committee.
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Membership growth leads January MCUEs
Policy & Issues

MCUEs: Credit union loans increased 1.6% in March

Credit union loans outstanding increased 1.6% in March, compared to a 1.1% increase in February of 2022 and a 0.1% increase in March of 2021, according to CUNA’s latest Monthly Credit Union Estimates. 
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Credit Union Magazine: Spring 2022

Spring 2022

Credit Union Magazine’s Spring 2022 edition profiles four Credit Union Heroes and examines CUNA's advocacy priorities, the advocacy army, and financial well-being for all.
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