CUNAGAC: CUNA Responds to NCUA Acting Chairman McWatters’ First Address02/28/2017Sen. 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 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.
CUNA Responds to NCUA Seeking Comments on Alternative Capital01/19/2017
The National Credit Union Administration Board unanimously approved an advance notice of proposed rulemaking to solicit comments on alternative forms of capital federally insured credit unions might use to meet capital standards required by statute and regulation at the agency's board meeting today.
America’s Credit Union Conference set for June 25-28, 2017 in Las Vegas01/13/2017Credit Union National Association has officially opened registration for its 2017 America’s Credit Union Conference, June 25-28 in Las Vegas.
Nussle Congratulates Willard, New President/CEO of Cornerstone Credit Union League01/05/2017Jim Nussle, president and CEO of the Credit Union National Association (CUNA), released a statement of congratulations following the announcement that the Cornerstone Credit Union League and Credit Union Resources boards of directors have selected Caroline Willard as the next president and CEO of the Cornerstone Credit Union League and its subsidiaries, Credit Union Resources and the Cornerstone Credit Union Foundation.
CUNA Takes Payment Card Surcharges Case to U.S. Supreme Court12/22/2016CUNA filed an amicus brief with the high court in a case that challenges a New York law prohibiting merchants from imposing a surcharge for using a payment card, but does not prohibit cash discounts.
Credit Union Trade Groups Statement On Today’s Federal Court Hearing on ICBA vs. NCUA Lawsuit12/15/2016The Credit Union National Association (CUNA) and the National Association of Federal Credit Unions (NAFCU) issued this statement today regarding today's federal court hearing before U.S. District Court...
CUNA/League System Named Top Financial Services Trade Association By National Journal12/14/2016A National Journal survey of policymakers found the CUNA/League system ranked first among all financial services trade associations studied in terms of advocacy effectiveness.
2016 Maxwell, Herring, Desjardins National CUNA Award Winners Announced12/09/2016CUNA’s National Awards Committee recently selected the recipients of the 2016 Dora Maxwell Social Responsibility Community Service Award, the Louise Herring Philosophy-in-Action Member Service Award, and the Desjardins Awards for Financial Education.
CUNA/Leagues Launch Advocacy Campaign To Bury Excessive Regulations12/08/2016The CUNA/League system is launching a multilayered advocacy campaign plan that aims to take advantage of a favorable political environment to rein in excessive regulations that are hurting credit unions.
CUNA stands with NCUA in face of ABA lawsuit over FOM rule12/07/2016The Credit Union National Association (CUNA) reaffirmed its support for the National Credit Union Administration’s (NCUA) recent rulemaking related to its field of membership rule.
Banking, Credit Union Trades Send Letter to Senate, Call for CFPB Commission12/07/2016The Consumer Bankers Association (CBA), the Credit Union National Association (CUNA), the Independent Community Bankers of America (ICBA), and the National Association of Federal Credit Unions (NAFCU), submitted a letter to Senate leaders to call for the implementation of a 5-person bipartisan commission at the Consumer Financial Protection Bureau (CFPB).
Retired Gen. Colin Powell to address credit unions at CUNA Governmental Affairs Conference12/01/2016Former Secretary of State and retired Army Gen. Colin Powell will deliver the Tuesday session keynote at CUNA Governmental Affairs Conference on February 28, 2017, in Washington, D.C.
Credit Union Trades Moved to File Joint Amicus Brief in Defense of NCUA’s Motion for Dismissal of Banker Suit11/21/2016The Credit Union National Association (CUNA) and the National Association of Federal Credit Unions (NAFCU) filed an amicus brief supporting the National Credit Union Administration’s (NCUA) motion to dismiss the lawsuit recently filed by the Independent Community Bankers of America (ICBA) which challenges the agency’s authority to issue its latest member business lending rule.
CUNA Concerned With 2017-2018 NCUA Budget11/17/2016
Following the National Credit Union Administration’s monthly board meeting in which the board voted on the agency’s 2017-2018 budget, Credit Union National Association President/CEO Jim Nussle released a statement.