Removing Barriers Blog


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 January 29, 2016 by CUNA Advocacy
The letter has strong bipartisan support and asks FASB to pause its current work on the standard and thoroughly evaluate its potential harm on financial institutions.
Posted January 29, 2016 by CUNA Advocacy
Both the Wisconsin and Indiana Leagues successfully introduced regulatory relief legislation
Posted January 29, 2016 by CUNA Advocacy
We have several concerns about this rule, which may adversely impact some credit union activities.
Posted January 29, 2016 by CUNA Advocacy
Here are a few reasons why we believe the NCUA's Field of Membership proposal is important to all credit unions, regardless of charter.
Posted January 28, 2016 by CUNA Advocacy
The letter from President/CEO Jim Nussle responded to a recent letter sent to Capitol Hill from the banking trade associations.
Posted January 27, 2016 by CUNA Advocacy
This week, Georgia Credit Union Affiliates (GCUA) held its annual state governmental affairs conference in Atlanta.
Posted January 27, 2016 by CUNA Advocacy
Our letter urged NCUA to encourage the DOL to further analyze the impact of these two new rules.
Posted January 25, 2016 by CUNA Advocacy
The hearing has been postponed until February 3.
Posted January 22, 2016 by CUNA Advocacy
Our letter pushes back against FinCEN's claim that its new CDD requirements are worth the compliance burden.
Posted January 22, 2016 by CUNA Advocacy

The two agencies signed an agreement to streamline the process for low-income credit unions seeking to become certified as CDFIs. 

Posted January 21, 2016 by CUNA Advocacy
As data breaches continue to plague the nation, state lawmakers consider new measures to combat these occurrences.
Posted January 21, 2016 by CUNA Advocacy
Our letter urged Congress to take a look at credit union barriers to member service before reforming the US Postal Service.
Posted January 21, 2016 by CUNA Advocacy
The Board issued a final rule and approved its strategic plan.
Posted January 21, 2016 by CUNA Advocacy
This legislation authorizes New Jersey credit unions to conduct promotions in which a minimum deposit in an amount predetermined by the institution qualifies for a chance to win prizes.
Posted January 19, 2016 by CUNA Advocacy
The FCC has responded to the legal challenge of its recent Order under the Telephone Consumer Protection Act (TCPA).
Posted January 19, 2016 by CUNA Advocacy
Two CU related bills have been introduced in Arizona
Posted January 15, 2016 by CUNA Advocacy
This Guide will walk you through the various issues of NCUA’s proposal and help simplify the process of submitting a comment letter.
Posted January 15, 2016 by CUNA Advocacy
This new registry will be available for CUSOs to begin registering on February 1.
Posted January 15, 2016 by CUNA Advocacy
Applications from the public will be accepted until February 29, 2016.
Posted January 14, 2016 by CUNA Advocacy
The Virginia League has worked to get several pro-credit union bills introduced in the commonwealth's lower chamber.
Posted January 14, 2016 by CUNA Advocacy
It appears the Board may not issue a final standard until the second quarter
Posted January 14, 2016 by CUNA Advocacy
This will be the fifth annual webinar hosted by the two agency heads.
Posted January 14, 2016 by CUNA Advocacy
The hearing will feature remarks from CFPB Director Richard Cordray as well as testimony from consumer groups, industry representatives, and members of the public.
Posted January 13, 2016 by CUNA Advocacy
The caucus will promote the cooperative business model as a viable market solution and policy option to solve today’s public policy challenges.
Posted January 12, 2016 by CUNA Advocacy
The Federal Housing Finance Agency (FHFA), which oversees the FHLBs, finalized a rule which eliminated a proposed requirement that would have imposed significant burdens on FHLB members.
Posted January 12, 2016 by CUNA Advocacy
The Florida legislature reconvenes today and the League of Southeastern Credit Unions (LSCU) is already pushing a number of issues to advance credit unions.
Posted January 12, 2016 by CUNA Advocacy
This move by President Obama will likely have implications for the future composition of the NCUA board.
Posted January 11, 2016 by CUNA Advocacy
The letter expressed our belief that the huge expansion of HMDA data beyond Dodd-Frank requirements is not necessary for the CFPB to carry out its mission, and shared our numerous concerns about the negative impact on credit unions.
Posted January 11, 2016 by CUNA Advocacy
The first week of the year brought a few credit union related issues to legislatures across the country.
Posted January 08, 2016 by CUNA Advocacy

Together with other industry trade groups, we are asking FinCEN to allow more time for the industry to respond to a recent request for information.

Posted January 08, 2016 by CUNA Advocacy
Thanks to our advocacy efforts, a draft tax-reform bill from Rep. Nunes preserves the current CU tax status.
Posted January 08, 2016 by CUNA Advocacy

So far we've seen a great response to NCUA's FOM proposal, but we need a strong finish as the February 8 deadline approaches.

Posted January 07, 2016 by CUNA Advocacy
The state legislature of Missouri is considering several financial services related items.
Posted January 04, 2016 by CUNA Advocacy
The Bureau published a statement regarding recently passed Privacy Notice legislation, which may affect a previous CFPB rulemaking.
Posted January 04, 2016 by CUNA Advocacy
As the election looms, we expect 2016 to be a busy year for regulatory actions.
Posted January 04, 2016 by CUNA Advocacy
A recently published study from the Government Accountability Office evaluated the impact of many new regulations on community banks and credit unions.
Posted January 04, 2016 by CUNA Advocacy

California Rep. Brad Sherman, a senior member of the House Financial Services Committee, recently wrote a letter to NCUA in support of the agency’s recent Field of Membership proposal.