CUNA News Archives

Pandemic can’t stop Pride

Pandemic can’t stop Pride

Restrictions around the coronavirus (COVID-19) pandemic have changed how groups gather and celebrate, and Pride Month is no exception. Alternatives Federal Credit Union in Ithaca, N.Y., is focusing on community partnerships that make the [...]

CFPB launches pilot program to address regulatory uncertainty

CFPB launches pilot program to address regulatory uncertainty

The Consumer Financial Protection Bureau (CFPB) Thursday announced the launch of a pilot advisory opinion (AO) program to publicly address regulatory uncertainty. According to the CFPB, the pilot AO program will allow entities seeking to [...]

Geiger partners w/ CU foundations to provide PPE

Geiger partners w/ CU foundations to provide PPE

Low-cost masks, hand sanitizer, and other protective equipment have been made available to credit unions thanks to a recent collaboration of the National Credit Union Foundation, state credit union league foundations and Geiger. A portion [...]

Fed actions have helped keep CU loan demand ‘fairly steady’

Fed actions have helped keep CU loan demand ‘fairly steady’

The Federal Reserve Board of Governors’ work has boosted confidence in the financial system in the wake of the COVID-19 pandemic, CUNA wrote to the Senate Banking Committee Tuesday. The committee heard semi-annual testimony from [...]

Reminder: MDI mentoring grant application deadline is June 30

Reminder: MDI mentoring grant application deadline is June 30

Small, low-income credit unions certified as minority depository institutions have until June 30 to apply for MDI mentoring grants from NCUA. The NCUA will make grants of up to $25,000 to help small institutions [...]

PODCAST: A time for leadership

PODCAST: A time for leadership

Perhaps at no time is an organization’s culture more on display than during a crisis. Jayne Hitman and Paul Robert assist credit unions in shaping their cultures to shine at just these moments. Hitman [...]

CUs provide protections not present in proposed FedAccounts

CUs provide protections not present in proposed FedAccounts

While credit unions agree with the spirit of a proposed to provide monthly stimulus payments to be distributed to direct deposit to a new, Fed-backed account, CUNA believes Americans would best be served by leveraging [...]

CU-supported candidates win Tuesday across six states

CU-supported candidates win Tuesday across six states

More than 25 credit union-supported candidates in six states won their primary elections Tuesday. Primaries were held in Georgia, Maine, North Dakota, Nevada, South Carolina and West Virginia. Candidates were supported by the state League [...]

Billboard message transcends COVID-19 to racism

Billboard message transcends COVID-19 to racism

A can of spray paint turned a UW Credit Union billboard promoting togetherness during a public health crisis into a conversation starter about racism and social justice. In March, UW Credit Union in Madison, Wis., [...]

Settlement reached in Equifax breach lawsuit

Settlement reached in Equifax breach lawsuit

A settlement has been reached in the Equifax data breach lawsuit, of which CUNA, Leagues and credit unions are plaintiffs. CUNA filed suit against Equifax in October 2017 after a data breach that exposed the [...]