Amanda Merz has deep ties to the nonprofit community in the Sacramento, Calif., area, and these relationships provide deep insights into community needs. Merz is community impact manager at $4.6 billion asset SAFE Credit [...]
MECU Credit Union and the MD|DC Credit Union Association recently held a roundtable discussion with Rep. Kweisi Mfume, D-Md., who represents Maryland's 7th congressional district. Following the meeting, Mfume took to social media to [...]
In a world where everything seems to be getting a digital makeover, credit unions are no exception. You, my compliance and risk management friends, have your work cut out for you. Gone are the days [...]
In the credit union world, many individuals understand the rudimentary aspects of compliance. However, being certified in compliance is a different ballgame. Why? Because "knowing" and "certified" are two different realms of understanding. In a [...]
It’s been a week since Sen. Roger Marshall, R-Kan., threatened to hold up the Senate FY24 National Defense Authorization Act (NDAA) in an attempt to attach the big box interchange bill onto legislation that [...]
The House Financial Services Committee advanced a resolution Thursday night to void the Consumer Financial Protection Bureau’s (CFPB) section 1071 rule via the Congressional Review Act. CUNA wrote in support of the resolution at [...]
Reps. Vicente Gonzalez, D-Texas, and Brian Fitzpatrick, R-Pa., introduced CUNA and League-supported legislation Tuesday to exempt loans made to veteran-owned businesses from the member business lending cap. The bill has a bipartisan Senate companion, introduced [...]
The African-American Credit Union Coalition (AACUC), inducted seven credit union leaders into its African American Credit Union Hall of Fame Induction Ceremony during the 25th Annual AACUC Conference in Stone Mountain, Georgia. “We are so [...]
Keep interchange bill out of NDAA Senators are making a hard push to gather support for attaching the big box interchange bill to this year’s National Defense Authorization Act (NDAA). This bill shouldn’t [...]
CUNA and the National Association of Federally-Insured Credit Unions (NAFCU) provided technical recommendations Friday on the Community Development Financial Institutions (CDFI) Fund’s Certification Application and Certification Agreement. The CDFI Fund has paused applications while [...]
Jessica Sharon believes credit unions deserve a bigger stage. “We don’t toot our own horn enough,” says the assistant vice president of financial outreach at $677 million asset Pelican State Credit Union in Baton [...]
The big box interchange bill would make everyday purchases riskier for American consumers while padding the bottom lines of the country’s largest retailers, Cornerstone League President/CEO and CUNA Board Vice Chair Caroline Willard [...]
Nearly half of credit union boards turn over every five years. As part of that trend, credit unions welcome, on average, at least one new member per year. Those findings from a recent CUNA study [...]
NCUA Chairman Todd Harper spoke at the International Credit Union Regulators’ Network Annual Meeting in Alexandria, Va., Monday. He discussed the challenges facing regulators and the credit unions and cooperatives they oversee, and said it [...]
CUNA filed comments with the Consumer Financial Protection Bureau (CFPB) on its request for information on data brokers. CUNA notes that the inherent sensitivity of consumer financial data highlights the need to ensure it is [...]
