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Press Statements and Releases


Most Recent

CUNA Task Force Preliminary findings focused on advocacy and choice05/05/2016

Washington (May 6, 2015) - CUNA's System Structure and Governance Task Force preliminary findings include that credit unions want better advocacy and more choice from their trade association.

Metsger Named NCUA Board Chairman05/03/2016In response to President Barack Obama’s decision to designate Rick Metsger Chair of the National Credit Union Administration--replacing Debbie Matz, who stepped down from her position April 30--Jim Nussle, CUNA president/CEO, released the following statement.

2016 America’s Credit Union Conference to include financial education event for Washington schools04/29/2016Credit Union National Association has announced a collaborative effort with the National Credit Union Foundation, Northwest Credit Union Association and Northwest Credit Union Foundation entitled Give Back to Seattle, a financial education event to be held at America’s Credit Union Conference on June 26, 2016, in Seattle, WA.

CUNA Launches ‘Ease the Burden’ Campaign to Combat Regulatory Burden04/28/2016The Credit Union National Association (CUNA) launched a campaign aimed at the most pressing issue facing credit unions – regulatory burden. CUNA’s Ease the Burden campaign features a website that will serve to activate credit union members to weigh in on how regulatory burden negatively impacts them and their not-for-profit financial cooperative.

CUNA Commends CFPB for Addressing Issues with TRID/KBYO Rules04/28/2016In response to advocacy efforts by the Credit Union National Association (CUNA), the Consumer Protection Financial Bureau (CFPB) announced it will initiate rulemaking in late July to address many of the ongoing issues and concerns over the implementation of the TILA/RESPA Integrated Disclosures (TRID) or Know Before You Owe (KBYO) rules.

Credit Unions Now Able To Calculate Own Regulatory Burden Costs04/27/2016The Credit Union National Association (CUNA) launched a Regulatory Burden Calculator, a new tool that allows individual credit unions around the country to calculate the costs of regulation on their credit union.

Credit Unions Concerned With NCUA Incentive-Based Compensation Rule04/21/2016Following Thursday’s National Credit Union Administration (NCUA) board meeting revealing a revised proposed rule on executive compensation, a rule that was last proposed in 2011, Credit Union National Association (CUNA) president/CEO Jim Nussle released a statement.

CUNA Response to CFPB Payday Lending Report04/20/2016In response to a recent report on payday lending conducted by the Consumer Financial Protection Bureau, Credit Union National Association (CUNA) president/CEO Jim Nussle released the following statement.

CUNA Analyzing DOL Fiduciary Rule04/06/2016Following the Department of Labor releasing its final fiduciary rule, Credit Union National Association (CUNA) president/CEO Jim Nussle issued a statement.

CUNA CHIEF TRANSFORMATION OFFICER BELL TO LEAD ENGAGEMENT TEAM04/01/2016The Credit Union National Association (CUNA) today announced that Mollie Bell, who has served as the association’s Chief Transformation Officer since September, will be leading CUNA’s engagement team. The role combines what had previously been separate engagement and transformation roles.

AACUL HIRES MILLER AS NEW EXECUTIVE DIRECTOR03/30/2016The American Association of Credit Union Leagues (AACUL) has named Brad Miller, president/CEO of Palmetto Cooperative Services LLC, and former president/CEO of Southeast Corporate Federal Credit Union, as its new executive director, the organization announced today.

REPUBLICAN NATIONAL CONVENTION, CREDIT UNIONS, REALCLEARPOLITICS KICK OFF PROJECT AT UH RAINBOW BABIES & CHILDREN’S HOSPITAL03/29/2016Credit unions, the Republican National Convention (RNC) and RealClearPolitics today hosted a construction kickoff of a year-round horticultural therapy suite located in Angie’s Garden at University Hospitals Rainbow Babies & Children’s Hospital (UH Rainbow).

CUNA APPLAUDS CFPB FOR IMPLEMENTING STATUTORY CHANGE TO TILA MORTGAGE RULES03/22/2016The Credit Union National Association (CUNA) applauds the Consumer Financial Protection Bureau (CFPB) and Director Richard Cordray for today’s action to expand the ability for credit unions and other small creditors to provide much-needed services in rural communities and other underserved areas.

Membership of the Credit Union National Association (CUNA) has overwhelmingly approved the modernization of our bylaws03/19/2016The vote is in, and the membership of the Credit Union National Association (CUNA) has overwhelmingly approved the modernization of our bylaws.

CUNA MEMBERSHIP APPROVES BYLAWS BY OVERWHELMING MARGIN03/19/2016The membership of the Credit Union National Association (CUNA) has overwhelmingly voted to modernize the association’s bylaws.

STATEMENT OF JIM NUSSLE, PRESIDENT/CEO, CREDIT UNION NATIONAL ASSOCIATION FOLLOWING CFPB DIRECTOR RICHARD CORDAY’S TESTIMONY AT HOUSE FINANCIAL SERVICES COMMITTEE03/16/2016

We continue to be disappointed in Director Cordray’s stance on the impact the CFPB’s regulations are having on not-for-profit, member-directed credit unions, said Jim Nussle, CUNA’s President and CEO.

He is simply mistaken regarding the legislative history regarding a credit union exemption during the congressional debate surrounding the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank). 

329 members of the U.S. House of Representatives (75 percent) support CFPB using exemption authority for credit unions03/14/2016


 A bipartisan group of 329 members of the U.S. House of Representatives today sent a letter to Consumer Financial Protection Bureau (CFPB) Director Richard Cordray urging the bureau to use its rulemaking exemption authority to protect credit unions and other community-based financial institutions from provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank).

CUNA’s Nussle Commends Matz for Leading NCUA03/09/2016National Credit Union Administration Chair Debbie Matz will step down at the end of April, the agency announced today. Matz, who has led the agency since August 2009, submitted her letter of resignation to President Barack Obama this morning.

Alex Sheen to keynote at 2016 America’s Credit Union Conference03/02/2016Alex Sheen, founder of the non-profit organization and social movement because I said I would, will deliver the keynote address at America’s Credit Union Conference (ACUC), to be held June 26-29, 2016 in Seattle.

Member Business Lending Rule a Major Victory for America’s Small Businesses02/18/2016The National Credit Union Administration approved a final rule, supported by the Credit Union National Association (CUNA), that represents a complete overhaul of the NCUA’s member business lending regulation.