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News Now

Washington
Cheney Report Launches Weekly Showcase For CU Stories
WASHINGTON (10/28/13)--In this week's edition of The Cheney Report, Credit Union National Association President/CEO Bill Cheney highlights how credit unions in Kansas and Montana have united for good and come together to benefit their communities.

In one example, Cheney tells how Trico Community FCU, Helena, Montana, worked with a local engineering firm. The two organizations donated $6 to the Montana's Children Miracle Network Hospital for every run scored in the 2013 season by a local baseball team.

Another story comes courtesy of the Kansas Credit Union Association: That group hosted their third 'Make a Difference' event this year, in which 17 local credit unions came together and surprised 900 community members at 11 different locations by giving away $23,000 worth in cash, gift cards and free gas.

CUNA is collecting these stories to showcase how credit unions are joining forces to Unite for Good, and similar stories will be featured each week in The Cheney Report. Cheney encouraged credit unions to visit UniteforGood.org and share how they are helping reach CUNA's shared, strategic vision in which Americans choose credit unions as their best financial partner.

This week's Cheney Report also includes:
  • Details on legislation that would make it more affordable for credit unions and other smaller financial institutions to combat patent trolls;
  • CUNA's concerns about the impact of "qualified mortgages" on credit union fair lending standards;
  • News from CUNA's recent credit union tax status talks with Obama administration representatives; and
  • The results of last week's National Credit Union Administration open board meeting.
Use the resource link to read the latest in The Cheney Report.
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