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 December 18, 2015 by CUNA Advocacy
The letter was supportive of credit unions and the recent proposed rule.
Posted December 17, 2015 by CUNA Advocacy
Several House members requested the CFPB consider higher exemption thresholds, and provide additional information about the new rule.
Posted December 17, 2015 by CUNA Advocacy
It's been quite a year for our State Advocacy team- here's some of what we accomplished.
Posted December 17, 2015 by CUNA Advocacy
Yesterday’s notice makes clear that the Assessment is and will continue to be voluntary.
Posted December 17, 2015 by mcarew
The Board addressed a few small issues at today's meeting.
Posted December 16, 2015 by CUNA Advocacy
It appears that the must-pass funding bill contains no meaningful relief for credit unions.
Posted December 11, 2015 by CUNA Advocacy
FASB is still working through technical issues and has pushed the date of a vote on the standard from December to January.
Posted December 10, 2015 by CUNA Advocacy
An FCC Commissioner who opposed the CUNA-supported exemption for financial institutions is headed to another 5-year term.
Posted December 10, 2015 by Chandler Schuette
Today NCUA’s proposed field of membership (FOM) rule was published in the Federal Register, and is now open for comment.
Posted December 09, 2015 by CUNA Advocacy
We've been working to clarify provisions and requirements under the recent final Military Lending Act rule.
Posted December 09, 2015 by mcarew
Today the House Financial Services Committee passed two CUNA-supported bills: the Data Security Act of 2015 (H.R. 2205), and the NCUA Budget Transparency act (HR 2287).
Posted December 07, 2015 by CUNA Advocacy
Steps taken by the Minnesota Credit Union Network (MnCUN) eight years ago set the stage for last week’s proposed $39 million settlement between Target,credit unions, and other financial institutions for the retailer’s massive 2013 data breach.
Posted December 04, 2015 by Chandler Schuette
In an amicus curiae brief we filed Wednesday, we expressed our view that the recent FCC omnibus Telephone Consumer Protection Act order is arbitrary, capricious and should be vacated.
Posted December 03, 2015 by CUNA Advocacy

On Thursday, CUNA refuted CFPB Director Richard Cordray's statements that Bureau rules have not lead to providers leaving markets, as some have argued they would.

Posted December 02, 2015 by CUNA Advocacy
Today we sent a letter to members and leadership of the US House, urging them to vote for the Highway Bill which contains several regulatory relief provisions.
Posted December 01, 2015 by CUNA Advocacy
The Highway Bill conference committee's new draft highway and transit bill contains credit union regulatory relief measures that we have strongly and repeatedly advocated for.
Posted December 01, 2015 by CUNA Advocacy
Our staff again met with the CFPB to reiterate our concerns with the agency's proposals on payday loans.