Press Statements and Releases

Most Recent

CUNA, DCUC provide data to DOD showing negative MLA rule impact05/12/2017CUNA and the Defense Credit Union Council (DCUC) laid out the findings from the group’s recent survey on the Military Lending Act (MLA) to the Department of Defense (DOD).

CUNA Credit Union Magazine honors PenFed President and CEO James Schenck 2017 Credit Union Hero of the Year05/09/2017CUNA Credit Union Magazine announced today that James Schenck, President and CEO of PenFed Credit Union, will be honored as the 2017 Credit Union Hero of the Year.

Nussle: ‘Keep Momentum Going’ as CHOICE Act Passes Committee05/04/2017The House Financial Services Committee today passed Committee Chairman Jeb Hensarling’s (R-TX) Financial CHOICE Act, which contains a number of regulatory relief provisions that would benefit credit unions, but several items that are concerning to the industry as well.

International uncertainty, weak jobs numbers focus of new CUNA Economic Update04/26/2017The April 2017 edition of the CUNA Economic Update, CUNA’s monthly video series exploring economic trends and their impact on the credit union movement, has been released.

Nussle on Dodd-Frank Reform: “Bold First Step in the Legislative Process”04/25/2017CUNA stands ready to work with legislators to see regulatory relief enacted into law and the CHOICE Act is a good first step, CUNA wrote to House Financial Services leadership Tuesday.

CUNA Engaged As CHOICE Act Process Moves Forward04/19/2017The House Financial Services committee will conduct a hearing on Rep. Jeb Hensarling’s (R-Texas) Dodd-Frank alternative bill April 26. The bill, the Financial CHOICE Act, contains a number of regulatory relief provisions.

CUNA leading the way to bring .creditunion domain to market04/13/2017CUNA, with the generous support of CUNA Mutual Group and CO-OP Financial Services, was able to secure the rights to the .creditunion domain from the Internet Corporation for Assigned Names and Numbers (ICANN).

CUNA-Backed Bill Supports Credit Union Parity04/05/2017Sen. Ron Wyden, D-Ore., along with Sens. Lisa Murkowski, R-Alaska, Elizabeth Warren, D-Mass., and Ed Markey, D-Mass., introduced the “Credit Union Residential Loan Parity Act,” a bill that creates parity for certain loans.

Growth, fed funds rate, loans explored in new CUNA Economic Update03/29/2017The March 2017 edition of the CUNA Economic Update is now available. CUNA Senior Economist Perc Pineda hosts the episode, which is endorsed by CUNA CFO Council, and covers topics such as interest rates, economic growth and the relationship between the two, as well as the outlook for credit union loan growth.

CUNA Anticipates Two More Interest Rate Raises In 201703/15/2017The Federal Open Market Committee decided Wednesday to raise the federal funds interest rate range to 0.75% to 1%.

CUNA, trades file amicus brief in case on CFPB structure03/10/2017CUNA joined other trade organizations in filing an amicus brief in a court case that questions the Consumer Financial Protection Bureau’s (CFPB) structure.

TCPA Petition Could Cause Multiple Industries to Break Laws, Trade Groups Find03/10/2017In a joint letter to the FCC, trade groups highlight negative impacts the Petition for Rulemaking and Declaratory Ruling will have on businesses and consumers.

Settlement proposed in Home Depot data breach lawsuit03/09/2017A proposed settlement was submitted to the court for approval Wednesday which would conclude the data breach lawsuit brought against Home Depot stemming from a 2014 data breach.

CUNAGAC: CUNA Responds to NCUA Acting Chairman McWatters’ First Address02/28/2017In his first address since his designation as Acting NCUA Board Chairman, J. Mark McWatters spoke today at the Credit Union National Association’s Governmental Affairs Conference (CUNA GAC).

CUNA Supports TAILOR Act For Common-Sense Regulation02/14/2017Sen. Mike Rounds (R-S.D.) introduced a CUNA-backed regulatory relief bill Tuesday that would require regulators to take risk into account when promulgating regulations. The Taking Account of Institutions with Low Operation Risk (TAILOR) Act (S. 366) would reduce regulatory burden for financial institutions with lower risk profiles.

CUNA Supports Delay of DOL’s Fiduciary Rule02/03/2017President Donald Trump issued an executive order today directing the U.S. Department of Labor to stop its fiduciary rule implementation and review the regulation in its entirety.

Nussle Comments on Trump’s Executive Order for Tailored Financial Regulations02/03/2017President Donald Trump signed an executive order focused on the financial system that calls for “efficient, effective and appropriately tailored” regulations.

Nussle Congratulates NCUA Acting Chairman McWatters01/26/2017Credit Union National Association President and CEO Jim Nussle released a statement following President Trump appointing J. Mark McWatters as Acting NCUA Chairman.

Court Dismisses Bankers’ Frivolous MBL Lawsuit Against NCUA01/24/2017The Credit Union National Association (CUNA) and the National Association of Federally-Insured Credit Unions (NAFCU) issued a statement today regarding U.S. District Court Judge James Cacheris’ granting of the National Credit Union Administration’s motion to dismiss the lawsuit filed by the Independent Community Bankers of America (ICBA) against the agency and its member business lending rule.

Credit unions giveback to homeless children in D.C. at GAC01/19/2017The 2017 CUNA Governmental Affairs Conference (CUNA GAC) will feature the conference’s first-ever giveback event. Attendees are asked to bring items for a donation drive in support of Bright Beginnings, a nationally accredited child and family development center that offers a bright start for homeless infants, toddlers, preschoolers and their families in Washington, D.C.