America’s Credit Unions Press Archives

COVID-19 relief bill includes provisions to benefit credit union members

WASHINGTON, DC (March 25, 2020) — The Senate today will vote on its Phase III coronavirus disease (COVID-19) stimulus package, supported by the Credit Union National Association (CUNA) and its League partners. The bill was amended to include credit unions in several provisions that, through ...

CUNA/Leagues urge NCUA to take further action on COVID-19 response

WASHINGTON, DC (March 24, 2020) — Credit Union National Association (CUNA) President/CEO Jim Nussle today wrote to the National Credit Union Administration (NCUA) Chairman Rodney Hood with additional recommendations to alleviate the impact of coronavirus (COVID-19) on credit unions and their members. In partnership ...

COVID-19: CUNA, AACUL launch revamped CU Response Center

WASHINGTON, DC (March 24, 2020) — As credit unions grapple with the ongoing coronavirus disease (COVID-19) pandemic, CUNA, in partnership with the leagues, is providing several resources for credit union professionals through the CUNA/AACUL COVID-19 Response Center. With tools to assist with business continuity ...

CUNA: 5 Financial steps you can take to prepare for Coronavirus

WASHINGTON, DC (March 20, 2020) — Many Americans are being financially affected by the coronavirus disease (COVID-19) pandemic. As businesses close their doors to keep their customers and employees safe, thousands—if not millions—are facing several weeks of pay disruption and infrastructure shake up. ...

CECL delay needed in light of coronavirus

WASHINGTON, DC (March 18, 2020) — Credit Union National Association (CUNA) President/CEO Jim Nussle contacted the Financial Accounting Standards Board (FASB) today, urging for a delay of the effective date of the current expected credit losses (CECL) standard as it applies to credit unions. “...

CUNA joins with financial trades to provide COVID-19 response info

WASHINGTON, DC (March 18, 2020) — Credit Union National Association (CUNA) and several other organizations responded to a letter from Sens. Mark Warner (D-Va.), Jack Reed (D-R.I.), Bob Menendez (D-N.J.), Elizabeth Warren (D-Mass.), Brian Schatz (D-Hawaii), Chris Van Hollen (D-Md.), Catherine Cortez Masto (...

To ease coronavirus’ financial effects, CUNA sends recs to NCUA, CFPB

WASHINGTON, DC (March 12, 2020) — In an effort to ease the financial effects that coronavirus disease (COVID-19) has on individuals and communities, Credit Union National Association (CUNA) today sent letters to the National Credit Union Administration (NCUA) and the Consumer Financial Protection Bureau (CFPB), ...

Credit union CEOs: you’re invited for exclusive CEO-only networking

WASHINGTON, DC (March 10, 2020) — Registration is now open for the CUNA CEO Council Conference, September 21-23 in Santa Fe, NM. With programming designed by credit union CEOs, for credit union CEOs, this national conference offers an exclusive environment for attendees to share experiences, ...

CUNA launches credit union election tracker

WASHINGTON, DC (March 9, 2020) — Credit Union National Association (CUNA) is launching a 2020 election tracker to follow the success of CUNA supported candidates throughout the primary and into the general election. Tracking candidates supported by the Credit Union Legislative Action Council (CULAC), the ...

94 CUNA-supported candidates succeed in Super Tuesday primaries

WASHINGTON, DC (March 4, 2020) — Super Tuesday’s primary election saw multiple credit union-supported Congressional candidates progress to the general election as their party’s nominee for the November 3rd general election. States holding primary contests Tuesday included Alabama, Arkansas, California, North Carolina and ...

Nussle responds to DoD decision on MLA guidance

WASHINGTON, DC (February 27, 2020) — Credit Union National Association (CUNA) President/CEO Jim Nussle released the following statement after the Department of Defense (DoD) announced it will withdraw a problematic question (QA2) from its Military Lending Act (MLA) guidance. “We thank the Department of ...