Keeping member credit unions and leagues current on what and why we are doing for advocacy efforts including legislative, regulatory and state governmental affairs.
Posted March 27, 2017 by CUNA Advocacy
In the original version of the CHOICE Act, House Financial Services Committee Chairman Jeb Hensarling (R TX) proposed increasing the CFPB’s supervisory threshold, meaning fewer credit unions would be subject to duplicative examinations and other burdensome aspects of double supervision including data
Posted March 26, 2017 by Ryan Donovan
After an extensive lobbying campaign, the Cooperative Credit Union Association advanced credit union branching legislation to the Governor’s desk in New Hampshire.
Posted March 26, 2017 by Ryan Donovan
A look at the week head in Washington for Credit Unions.
Posted March 24, 2017 by CUNA Advocacy
This week, Senator Mike Rounds (R SD) spoke before the annual American Bankers Association government relations conference here in Washington, DC.  He told the assembled leaders of the banking industry that they should end their decades
Posted March 24, 2017 by CUNA Advocacy
Earlier this week, the Federal Communications Commission (FCC) took the next steps to combat illegal robocalls.   CUNA supports the Commission’s efforts to stifle bad actors while allowing credit unions
Posted March 22, 2017 by CUNA Advocacy

Efforts to reduce regulatory burdens while ensuring safety and soundness of financial institutions.  The review is conducted as part of the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA)

Posted March 21, 2017 by CUNA Advocacy

 CUNA outlined some of the onerous requirements in the Order, which make it difficult for credit unions to communicate with members on their cell phones

Posted March 20, 2017 by CUNA Advocacy

After months of advocating with New Mexico lawmakers, the New Mexico League scored two major victories for credit unions with passage of The Data Breach Notification Act and The Community Development Financial Institution Act. 

Posted March 20, 2017 by DW CMS

Recently bills impacting credit unions in Georgia, Iowa and New Mexico have passed the state legislatures and awaiting the governors’ signatures.

Posted March 19, 2017 by Ryan Donovan
A look at the week head in Washington for Credit Unions
Posted March 18, 2017 by Ryan Donovan
Last week, President Trump submitted to Congress his budget outline for Fiscal Year (FY) 2018.  In his outline, federal funding level for the Community Development Financial Institutions Fund (CDFIF) is eliminated.   In FY2016, the CDFIF was funded at $233.5
Posted March 17, 2017 by CUNA Advocacy

A recent CFPB Monitor notes that this Order directly applies to independent regulatory agencies like the CFPB. 

Posted March 17, 2017 by CUNA Advocacy

CUNA will be urging the CFPB to consider the very serious impact its rule has had on credit unions ability to serve consumers in this market. 

Posted March 17, 2017 by CUNA Advocacy

The CFPB also has an open RFI about the potential use of alternative data and modeling techniques in the credit process. 

Posted March 16, 2017 by CUNA Advocacy

CUNA supports the goal of the Fiduciary rule to protect investors but the letter highlights the complexity of this rule and the uncertainty about compliance deadlines and applicability and encourages a delay and additional analysis. 

Posted March 16, 2017 by CUNA Advocacy

Please give us your feedback regarding the impact that October 2016 changes to the Military Lending Act (MLA) rules are having on your credit union 

Posted March 14, 2017 by CUNA Advocacy

The lawsuit is very similar to the recently dismissed Independent Community Bankers Association’s lawsuit against NCUA over the recent final Member Business Lending (MBL) Rule.  

Posted March 12, 2017 by Ryan Donovan

A look at the week ahead in Washington for credit unions.

Posted March 10, 2017 by CUNA Advocacy

Such a ruling would add to the FCC TCPA guidance, which is already making it difficult for credit unions to be in communication with their members on their cell phone and via text message.

Posted March 10, 2017 by CUNA Advocacy

The U.S. Court of Appeals for the D.C. Circuit granted the CFPB’s petition for an “en banc” re-hearing of the case.

Posted March 10, 2017 by CUNA Advocacy

The final rule amends Regulation E to establish certain consumer rights for prepaid accounts.

Posted March 10, 2017 by CUNA Advocacy

CUNA most recently outlined specific concerns in its letter to DOD last month.  

Posted March 08, 2017 by CUNA Advocacy

The letter describes concerns that would restrict the ability of credit unions to contact their members.

Posted March 08, 2017 by CUNA Advocacy

The Nebraska League was integral to the defeat of an interchange bill that would have been harmful to consumers.

Posted March 07, 2017 by DW CMS

CUNA is actively engaged on all fronts advancing the issue of Alternative/Supplemental Capital for credit unions.

Posted March 07, 2017 by DW CMS
Rep. Roger Williams introduces HR 1264 House Financial Services Committee member, Representative Roger Williams (R TX) introduced legislation (H.R. 1264) which would exempt credit unions with less than $50 billion in assets from new CFPB rules unless the CFPB
Posted March 06, 2017 by CUNA Advocacy

The Task Force released the first half of its final report, Final Report Part One: The Faster Payments Task Force Approach.

Posted March 06, 2017 by CUNA Advocacy

These meetings included discussions with CFPB Director Richard Cordray and staff, NCUA leadership, as well as Vice President Pence’s Chief Economist Mark Calabria.

Posted March 06, 2017 by CUNA Advocacy

His plan will comply with the “spirit and intent” of recent presidential executive orders.

Posted March 05, 2017 by Ryan Donovan

A look at the week ahead in Washington for credit unions.

Posted March 05, 2017 by Ryan Donovan

A recent TCPA petition filed by Craig Cunningham and Craig Moskowitz urges the Commission initiate a rulemaking to overturn the longstanding interpretation that “prior express consent” includes implied consent resulting from a party’s providing a telephone number to the caller. 

Posted March 05, 2017 by Ryan Donovan

The Consumer Financial Protection Bureau (CFPB or Bureau) seeks information about the potential use of alternative data and modeling techniques in the credit process. Notably, this is just a Request for Information (RFI) not a proposed rule.

Posted March 03, 2017 by CUNA Advocacy
Bills with significant impact on credit unions and their members are pending in Florida, Georgia, Maine, Minnesota, Montana and North Carolina.
Posted March 03, 2017 by CUNA Advocacy
Originally it was expected to include a 180 delay, but the proposal instead includes a 60-day delay.

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