CUNA Senior Economist Dawit Kebede said the Labor Department’s January Jobs Report showed widespread gains in several factors, a much larger increase than consensus projections, not good news for the Federal Reserve fighting to bring inflation down to a 2% target.
NCUA issued a Regulatory Alert indicating it will take a flexible supervisory and enforcement approach to court-ordered changes to the 2020 HMDA rule. This comes after a court vacated the portion of the HMDA final rule that amended the closed-end loan reporting threshold.
Credit unions continue to fulfill their mission through extremely favorable auto lending interest rates, according to CUNA’s inaugural Credit Union Auto Lending Monthly Report. Consumers on the lowest end of the credit score spectrum average $13,204 in life-of-loan savings compared to other lenders.
CUNA President/CEO Jim Nussle, EVP/Chief Advocacy Officer Robert Lewis, and Deputy Chief Advocacy Officer for Federal Government Affairs Jason Stverak met with NCUA Chairman Todd Harper Thursday to discuss issues facing credit unions in a challenging economic environment.
More than 100 credit union professionals and board members gathered at the State Capitol last week to share with legislators that credit unions play an important role in the financial well-being of all Minnesotans.
CUNA Manager of State Outreach Tylik McMillan spoke Wednesday at the U.S. Department of Education to kick off Black History Month alongside Education Secretary Miguel Cardona, Rep. Jahana Hayes, D-Conn., and others.
CUNA Credit Union Board School: Introduction & Designation, a new CUNA board program held in Savannah, Ga., will feature separate tracks to meet the needs of both established board members and newcomers to the role.
Credit Union Magazine has selected four industry leaders as its 2023 Credit Union Heroes. Your voting will determine the 2023 Credit Union Hero of the Year from the four finalists. Voting is open through March 18
The Consumer Financial Protection Bureau issued a proposed rule on credit card late fees Wednesday morning. CUNA has major concerns with the proposal and wrote to the CFPB last week urging it to conduct a Small Business Review Panel as required by statute.