President/CEO Jim Nussle wrote a letter to members of Iowa Senate urging them to reject legislation that would place an additional tax on credit unions. Senate Study Bill 3197 would raise taxes on Iowa credit union members and reduce taxes on banks and their stockholders, many of whom do not live in the state. As bank attacks have ramped up in the state, CUNA works closely with the Iowa Credit Union League to combat the issue.
Credit Union National Association and Cornerstone Credit Union Association last night filed an amicus brief supporting a credit union in Texas that’s facing a frivolous lawsuit alleging website noncompliance under the Americans with Disabilities Act (ADA).
CUNA President/CEO Jim Nussle wrote a letter to members of Iowa Senate urging them to reject legislation that would place an additional tax on credit unions. Senate Study Bill 3197 would raise taxes on Iowa credit union members and reduce taxes on banks and their stockholders, many of whom do not live in the state. As bank attacks have ramped up in the state, CUNA works closely with the Iowa Credit Union League to combat the issue.
The Credit Union National Association (CUNA) and the National Association of Federally-Insured Credit Unions (NAFCU) today in a joint letter to Senate Committee on Finance Chairman Orrin Hatch defended the credit union industry's tax exemption status, stating that recent information propagated by state bank associations criticizing this status is erroneous.
Tonight two CUNA-supported regulatory relief bills passed in the House: the TRID Improvement Act of 2017 (H.R. 3978) and the Protecting Consumers’ Access to Credit Act (H.R. 3299).
Credit Union National Association witness Kim Sponem, President/CEO of Summit Credit Union in Madison, Wis., delivered the following oral testimony at today’s hearing in the House Financial Services Subcommittee on Financial Institutions and Consumer Credit, titled “Examining the Current Data Security and Breach Notification Regulatory Regime.”
Credit Union National Association President/CEO Jim Nussle highlighted how credit unions continue to fulfill their statutory mission in response to a question from Sen. Orrin Hatch (R-Utah) to NCUA on whether credit unions are evolving beyond their original purpose.
Credit Union National Association President/CEO Jim Nussle released a statement following remarks in President Donald Trump's State of the Union address.
Credit Union Magazine’s Fall 2023 issue examines how artificial intelligence is shaping marketing, strategies to improve cyber hygiene and overall cybersecurity, the need to employ risk management to address inflation and its impacts, new approaches to board recruiting, and NCUA’s top supervisory priorities.