Get the latest news and information from CU Insight delivered to you anywhere.

SIGN UP NOW

  News

 

Bill Cheney Identifies 2013 Action Agenda

Posted by CUNA News Now on January 3, 2013

 
 

Credit Union National Association (CUNA) President/CEO Bill Cheney Wednesday named the top priorities that will drive CUNA’s action agenda in 2013.

“CUNA’s 2013 priorities fall into three key categories: Protecting credit unions, easing their regulatory burden, and helping them prepare for the future,” said the CUNA leader.

“Protecting the credit union tax exemption tops our list of ten 2013 priorities for good reason,” Cheney said. “It is widely expected that comprehensive tax reform will be on the legislative agenda next year.

“As part of that process, the credit union tax status is likely to be examined and could come under significant threat–particularly since we know the banks will continue their paid media and lobbying barrage urging credit union taxation.” (See related story: A closer look: CUNA sets four-pillar legislative agenda.)

Here is CUNA’s list of top ten priorities for the year:

  • Protect and defend the credit union tax exemption;
  • Reduce credit union regulatory burden and improve their operating environment through both legislative and regulatory initiatives;
  • Ensure comprehensive compliance support;
  • Enhance the credit union charter to include such changes as increased member business lending authority and supplemental sources of capital;
 

Continue Reading

 
 
 
 
 
PREVIOUS NEXT
 
 
Post a Comment
 

CU Partner Profiles see more »

  • A history of expertise. A future of serving our clients. Accenture Mortgage Cadence, founded in 1999, offers a [...] read more

  • Your Marketing Co started serving credit unions nearly a decade ago, offering a wide range of services including [...] read more

  • DigitalMailer provides electronic documents and marketing services for more than 200 financial institutions across the nation. Their Electronic [...] read more

  •   CU24 operates the largest credit union-owned ATM and POS network, including access to more than 70,000 [...] read more

  • Burns-Fazzi, Brock (BFB) focuses on providing exceptional benefit plans to executives and boards. Founded in 1995, BFB is [...] read more