One-size-fits all rules from the Bureau of Consumer Financial Protection are forcing credit unions to pull back safe and affordable products from the market. Credit Union National Association (CUNA) is making several recommendations in its comprehensive white paper in response to the Bureau's request for information (RFI) on adopted regulations and new rulemaking authority.
Today the National Credit Union Administration (NCUA) voted on several revisions at its monthly meeting, namely a final rule on Field of Membership (FOM). The rule will permit credit unions to submit a field of membership application to serve a well-defined local community exceeding 2.5 million people.
Financial institutions expected to receive full funding for the Treasury's Community Development Financial Institutions (CDFI) Fund, which is used for grants and awards to foster growth, achieve sustainability and revitalize communities.
Credit Union National Association Chief Advocacy Officer, Ryan Donovan released the following statement after President Donald Trump nominated Rodney Hood to National Credit Union Administration board.
Credit Union National Association, the nation’s largest and most influential trade association advocating on behalf of America’s 110 million credit union members, announced three promotions.
Today Credit Union National Association President/CEO, Jim Nussle released the following statement after President Donald Trump selected Kathy Kraninger to serve as the director of the Consumer Financial Protection Bureau.
Credit Union National Association (CUNA) is seeking clarity on several issues under the Telephone Consumer Protection Act (TCPA) to help reduce confusion for credit unions trying to comply with the law.
Candidates backed by America's credit unions saw primary election victories in competitive races across five states, including key races in Nevada yesterday.
In a vote late Wednesday night, the House Appropriations Committee passed the Financial Services and General Government (FSGG) Appropriations Act for Fiscal Year 2019.