Credit Union National Association News Now Headlines6/18/2013 10:55:33 PM2013-06-18T22:55:33-05:00CUNA/Stay Informed/News Now/Washington/QM Concerns Are Focus of CUNA Hill Testimony Today

CUNA witness Jerry Reed will detail credit union concerns with the Consumer Financial Protection Bureau's qualified mortgage regulations when he testifies today before the House Financial Services financial institutions and consumer credit subcommittee hearing entitled "Examining How the Dodd-Frank Act Hampers Home Ownership," scheduled to start at 10 a.m. (ET). Reed is chief lending officer at Alaska USA FCU.

2013-06-18T00:00:00-05:002013-06-19T03:55:33ZCUNA/Stay Informed/News Now/Washington/CUs', Members' Action Strong As Tax Reform Enters Next Phase

Tax advocacy efforts by credit unions and their members have remained strong as the U.S. Congress prepares to draft comprehensive reform legislation in the coming weeks, with more than 100,000 separate congressional contacts being made to tell their legislators, "Don't Tax My Credit Union!"

2013-06-18T00:00:00-05:002013-06-19T03:55:33ZCUNA/Stay Informed/News Now/Washington/Supreme Court Will Hear Fair Housing Case

The U.S. Supreme Court Monday announced it will hear a case that could decide the fate of the application of disparate impact theory under the Fair Housing Act. Disparate impact focuses on discrimination based on effects and not intent. The case, known as Mount Holly v. Mount Holly Citizens In Action Inc. (No.11-1507), is detailed in the June 17 issue of the CUNA Regulatory Advocacy Report.

2013-06-18T00:00:00-05:002013-06-19T03:55:33ZCUNA/Stay Informed/News Now/Washington/NCUA Board Member Says Time For MBL Increase Is Now

"It's time for Congress to act" and pass legislation that would increase the credit union member business lending cap, and give credit unions greater authority to access secondary capital sources, National Credit Union Administration Board Member Michael Fryzel wrote in the June edition of The NCUA Report.

2013-06-18T00:00:00-05:002013-06-19T03:55:33ZCUNA/Stay Informed/News Now/CU System/Oregon CU Act Improvement Bill Sent To Governor

A bill to update the Oregon Credit Union Act passed in the state House Wednesday. The Northwest Credit Union Association backed the bill.

2013-06-18T00:00:00-05:002013-06-19T03:55:33ZCUNA/Stay Informed/News Now/CU System/65,000 In Northwest Benefitted From CUs' Financial Education

Financial education presentations made by Northwest credit union professionals last year benefitted more than 65,000 people, according to the Northwest Credit Union Association.

2013-06-18T00:00:00-05:002013-06-19T03:55:33ZCUNA/Stay Informed/News Now/CU System/Judge Whose FOM Ruling Was Upheld By Supreme Court Dies

A U.S. District Court judge--whose ruling that federal credit unions may not take on new members who don't share a common bond was upheld by the U.S. Supreme Court in 1996--has died. The ruling led to the passage of the National Credit Union Membership Access Act.

2013-06-18T00:00:00-05:002013-06-19T03:55:33Z