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, 2019 by CUNA Advocacy
Today, CUNA filed a comment letter opposing the Federal Housing Finance Agency’s proposed regulations on the Affordable Housing Goals for Federal Home Loan Banks. While we appreciate the FHFA’s recognition of the important role that small FHLB members should play
Posted January 29, 2019 by CUNA Advocacy

CUNA attended a FASB roundtable on implementation issues associated with the new CECL accounting standard. FASB staff and several Board members facilitated the discussion that focused on a proposal submitted by a group of banks to consider an alternative to the income statement impact of the CECL model.

Posted January 29, 2019 by CUNA Advocacy

The U.S. District Court for the Southern District of Texas dismissed a lawsuit filed against a Houston-based state-chartered credit union.  The lawsuit alleged the credit union’s website violated the Americans with Disabilities Act (ADA).

Posted January 28, 2019 by CUNA Advocacy

In a press release Friday evening, the Consumer Financial Protection Bureau Director Kathleen Kraninger announced leadership changes within the Bureau. These changes announced were: Policy Associate Director for External Affairs; West Regional Director; Acting Chief Communications Officer; Deputy Associate Director for External Affairs; and the Director for the Office of Minority and Women Inclusion.

Posted January 28, 2019 by CUNA Advocacy

Both the House and Senate are in session this week.  President Trump and Congressional leaders agreed Friday to a deal to reopen the federal government through February 15th.  However, the Congress will have to commit to further negotiations with the president on an agreement to fund the federal government through September 30th, the end of fiscal year 2019. 

Posted January 25, 2019 by CUNA Advocacy

President Donald Trump signed a bill Friday evening funding the government through Feb. 15, ending the partial government shutdown. CUNA President/CEO Jim Nussle thanked America’s credit unions for their efforts serving members who were furloughed. 

Posted January 25, 2019 by CUNA Advocacy

Credit unions around the country started rolling out offerings to help affected members as soon as the shutdown began, and continued rolling out additional services, such as fee-free payment skip, 0% APR loans and other financial solutions.  

Posted January 24, 2019 by CUNA Advocacy

CUNA Chief Advocacy Officer Ryan Donovan and Deputy Chief Advocacy Officer Elizabeth Eurgubian participated in a financial services industry roundtable discussion Thursday with Consumer Financial Protection Bureau Director Kathy Kraninger. Kraninger was confirmed as CFPB director in December. 

Posted January 24, 2019 by CUNA Advocacy

Without having been asked by the government, credit unions are doing the right thing and assisting the federal workers furloughed by the federal government shutdown, CUNA wrote to Rep. Maxine Waters (D-Calif.) Wednesday. Waters, chair of the House Financial Services Committee, reached out to CUNA for information on how credit unions are assisting those affected by the federal government shutdown.

Posted January 23, 2019 by CUNA Advocacy

CUNA and the Michigan Credit Union League (MCUL) filed amicus briefs late Tuesday defending two credit unions hit with frivolous lawsuits alleging violations of the Americans with Disabilities Act (ADA). The briefs were filed in the Sixth Circuit Court of Appeals in support of Belle River Community CU, Casco, Mich., and Aeroquip CU, Jackson, Mich., both of which are being sued by the same plaintiff.

Posted January 22, 2019 by CUNA Advocacy

On January 22nd, CUNA filed a comment letter with NCUA on fidelity bonds. In the letter, CUNA raises concerns with aspects of NCUA’s proposed regulation.

Posted January 22, 2019 by CUNA Advocacy

Both the House and Senate are in session this week.  The federal government today enters its 32th day of the partial shutdown.  The Congress continues to negotiate with the president on an agreement to fund the federal government through the end of fiscal year 2019. 

Posted January 18, 2019 by CUNA Advocacy

Director Kraninger wrote to the House and Senate requesting that the CFPB be granted the authority to conduct examinations for compliance with the MLA.  

Posted January 18, 2019 by CUNA Advocacy

The Ninth Circuit Court of Appeals issued an opinion in Guillermo Robles v. Dominos Pizza LLC, a case involving the ADA as it relates to website accessibility.

Posted January 17, 2019 by CUNA Advocacy

The NCUA Board held its first meeting of the year. The Board approved the agency’s 2019 Annual Performance Plan, adopted a final rule on the Civil Money Penalty Statutory Inflation Adjustment, approved a change to the Illinois Member Business Lending Rule, and received a briefing on the agency’s redesigned website.

Posted January 17, 2019 by CUNA Advocacy

Senate Republicans and Democrats announced and ratified their committee assignments for the 116th Congress.

Posted January 17, 2019 by CUNA Advocacy

On Wednesday, January 16th, the White House re-nominated Rodney Hood to be a member of the NCUA for a term expiring August 2, 2023. 

Posted January 16, 2019 by CUNA Advocacy

CUNA sent a letter to the Senate Special Committee on Aging ahead of today's hearing entitled, "Fighting Elder Fraud: Progress Made, Work to be Done.”  

Posted January 15, 2019 by Chandler Schuette

The Supreme Court of the United States (SCOTUS) declined to accept and hear a case challenging the constitutionality of the CFPB. 

Posted January 14, 2019 by CUNA Advocacy

CUNA filed a comment letter with NCUA, opposing and supporting various aspects of its FCU bylaws proposal.

Posted January 13, 2019 by CUNA Advocacy

Both the House and Senate are in session this week.  The federal government today enters its 24th day of the partial shutdown. The Congress continues to negotiate with the president on an agreement to fund the federal government through the end of fiscal year 2019. The House will also consider H.R. 268, the Supplemental Appropriations Act, legislation to fund disaster relief operations.  In addition, the Senate will resume consideration of S. 1, the Strengthening America’s Security in the Middle East Act. 

Posted January 13, 2019 by CUNA Advocacy

America’s credit unions are embodying their structure and mission to ensure their members affected by the government shutdown have access to low- or no-interest loans with generous repayment terms.

Posted January 13, 2019 by CUNA Advocacy

The U.S. Court of Appeals for the 9th Circuit held that Fannie Mae is not a “consumer reporting agency” under the FCRA and therefore is not liable under the law. 

Posted January 13, 2019 by Chandler Schuette

The CFPB released the assessment reports required by Section 1022(d) of the Dodd-Frank Act for two of its 2013 mortgage rules: the TILA Ability-to-Repay and Qualified Mortgage (ATR/QM) Rule and the RESPA Mortgage Servicing Rule.

Posted January 11, 2019 by CUNA Advocacy

NCUA joined with four other federal financial regulators and the Conference of State Bank Supervisors to urge financial institutions to consider efforts to assist workers affected by the federal government shutdown.

Posted January 09, 2019 by CUNA Advocacy

In a letter addressed to Chief Executive Officers and Boards of Directors for credit unions, the National Credit Union Administration has outlined it supervisory priority areas for 2019.

Posted January 08, 2019 by CUNA Advocacy

CUNA wrote to leadership of the House and Senate Appropriations Committees Monday to include House report language in any final appropriations legislation for fiscal year 2019.

Posted January 07, 2019 by CUNA Advocacy

CUNA sent the first in a series of letters to the newly sworn-in 116th Congress.

Posted January 06, 2019 by CUNA Advocacy

Both the House and Senate are in session this week.  The Congress continues to negotiate with the president on an agreement to fund the federal government through the end of fiscal year 2019. 

In addition, the Senate will resume consideration of S. 1, to make improvements to certain defense and security assistance provisions and to authorize the appropriation of funds to Israel, to reauthorize the United States-Jordan Defense Cooperation Act of 2015. 

Posted January 06, 2019 by CUNA Advocacy

2018 was a watershed year for CUNA/league/credit union advocacy. Our accomplishments last year during a turbulent political time stand out over any of the last 20 years of credit union advocacy, making it a story that deserves to be told. And as we consider all of our 2018 wins, we are ready more than ever before to take on a new year and new Congress.

Posted January 03, 2019 by CUNA Advocacy

The Fourth Circuit of Appeals has ruled in favor of Department of Labor Federal Credit Union (DOL FCU) related to a frivolous lawsuit alleging website noncompliance with the Americans with Disabilities Act (ADA).