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Building a diverse workforce from the STEM up

NCUA’s Hood lauds growth of DEI Summit, industry progress

NCUA Board Member Rodney E. Hood celebrated the significant evolution of the event and the ongoing commitment of the credit union community to DEI principles Thursday at NCUA’s 2023 Diversity, Equity, and Inclusion Summit.

Policy & Issues

CDFI Fund tells FIs to prepare for FY24 funding round

The CDFI Fund announced this week the FY2024 funding round will open later this fall. According to the CDFI Fund, the FY 2024 round will consist of funding provided under the Consolidated Appropriations Act, 2023 and “forthcoming FY 2024 appropriations.”

Policy & Issues

NTIA allows credit union participation in rural broadband grant program

Credit unions are eligible to participate the Broadband Equity, Access, and Deployment program, a $42.5 billion program to expand high-speech internet access, under a waiver issued this week by the National Telecommunications and Information Administration.

CU System

Merger voting period closed

The voting period for the proposed merger of CUNA and NAFCU closed Wednesday at 5 p.m. ET. Members and industry stakeholders will be notified of the results via email once ballot tallies are finalized by each organization’s independent ballot provider.

Policy & Issues

CU-backed legislation would remove restrictions to veterans business lending

Congress should support legislation to increase credit union lending to veteran-owned businesses, CUNA wrote to a Senate, committee for its hearing on financial services to veterans, the the Veteran Member Business Loan Act (S. 539).

CU System

NCUA Chairman Harper emphasizes allyship to achieve DEI goals

NCUA Chairman Todd M. Harper emphasized the power of allyship to achieve diversity, equity, and inclusion goals during his remarks Wednesday at NCUA’s 2023 Diversity, Equity, and Inclusion Summit in Washington, D.C.

February Subscriber Exclusives address security

Policy & Issues

CISA kicks off 2023 Critical Infrastructure Security and Resilience Month

The Cybersecurity and Infrastructure Security Agency kicked off the 2023 Critical Infrastructure Security and Resilience Month Wednesday, the agency’s annual effort focused on educating the public about the vital role critical infrastructure plays in the nation’s security.

Policy & Issues

CUNA rebuts merchant interchange bill claims in message to Congress

The proposed changes to credit card interchange in the big box interchange bill are a big concern for credit unions in how it would impact the 137 million members they serve nationwide, CUNA wrote to all members of Congress Tuesday.

Policy & Issues

NCUA, CDFI Fund to host webinar on small dollar lending program

Credit unions interested in the Community Development Financial Institutions (CDFI) Fund Small Dollar Loan Program can get valuable information on a Nov. 8 webinar hosted by CDFI Fund and NCUA, scheduled to begin at 2 p.m. ET.

Policy & Issues

Rep. Blumenauer announces he will not seek re-election

Rep. Earl Blumenauer, D-Ore., announced he will not seek re-election in 2024. Blumenauer has served in Congress since 1996 and has supported numerous credit union priorities during his career, including the SAFE Banking Act and expanded member business lending authority.

Winter 2023

The Winter 2023 issue of Credit Union Magazine explores award-winning marketing, board training on a budget, developments in instant payments, service to small businesses, and NCUA’s final rule on member expulsion.

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Topics

NCUA’s Hood lauds growth of DEI Summit, industry progress

CDFI Fund tells FIs to prepare for FY24 funding round

NTIA allows credit union participation in rural broadband grant program

Merger voting period closed

CU-backed legislation would remove restrictions to veterans business lending

NCUA Chairman Harper emphasizes allyship to achieve DEI goals

CISA kicks off 2023 Critical Infrastructure Security and Resilience Month

CUNA rebuts merchant interchange bill claims in message to Congress

NCUA, CDFI Fund to host webinar on small dollar lending program

Rep. Blumenauer announces he will not seek re-election

Winter 2023

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