CUNA Press Room

Press Statements and Releases

CUNA GENERAL COUNSEL AND EVP ERIC RICHARD ON NCUA LATEST LAWSUIT AGAINST BIG BANK TO RECOVER CORPORATE LOSSES12/23/2014On Tuesday, the National Credit Union Administration announced its latest legal action, this one against Well Fargo bank, alleging the bank has failed to fulfill its duties as trustee for 27 residential mortgage-backed securities trusts.

CUNA urges Department of Defense to exempt credit unions from MLA proposal12/23/2014CUNA filed a joint comment letter yesterday with African-American Credit Union Coalition (AACUC), Defense Credit Union Council (DCUC), National Association of Federal Credit Unions (NAFCU), and National Association of State Credit Union Supervisors (NASCUS) urging that the credit union system be exempt completely from the Department of Defense (DOD) proposal to change the Military Lending Act (MLA), which would place a 36% cap on the military annual percentage rate (APR) of interest for credit products, as well as other protections.

TIPS ADVISE CONSUMERS HOW TO AVOID BEING HACKED DURING HOLIDAYS12/22/2014To help consumers avoid fraud this holiday season, and every season, the Credit Union National Association (CUNA) released a list of helpful tips to keep their personal information out of the hands of criminals.

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CUNA in the News

Did regulator cause a data breach?12/17/2014A portable flash drive holding sensitive customer data from Palm Springs Federal Credit Union was lost after it was handed over to an NCUA federal ban ...

2014 was the year of the data breach, but 2015 could be worse12/17/20142014 was the year of the data breach, but there are signs that the damage will get much, much worse unless the federal government becomes more active ...

Podcast: Can you afford 2015?12/15/2014In a podcast, Mike Schenk, senior economist, explains what happens when consumers promise that they're going to be cautious with their spending. And h ...

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Credit Unions in the News

More than 300 toys donated to Toys for Tots by Coloramo Federal Credit Union12/17/2014More than 300 toys will go to those in need thanks to a Colorado Credit Union's staff and members. By working with the local community, the credit uni ...

Northeast Ohio students bank on credit unions12/16/2014A few high schools in the Cleveland area that have credit unions on site are getting students prepared for college by ensuring the know how to access ...

Georgia credit unions tout loan growth12/16/2014Georgia credit unions saw a 4.2 percent increase in total loans outstanding in the third quarter, compared with the previous quarter. Mike Mercer, GCU ...

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Please note: @CUNA offices closed through Friday, @newsnowlivewire returns Monday (12/29)
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Credit unions want to be exempt from DOD military lending regs @nafcu @cuna @thenascus @aacuc1 #DCUC #creditunions
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