America’s Credit Unions Press Archives

CUNA economist on Q3 forecast on credit unions and the U.S. economy

WASHINGTON, DC (October 18, 2019) — Credit Union National Association (CUNA) today released the October 2019 edition of the Economic Update, sponsored by the CUNA Finance Council. Senior Policy Analyst Samira Salem discusses CUNA’s 2019 Q3 economic and credit union forecast. Salem provides an ...

Open Your Eyes to a Credit Union® kicks off Los Angeles/Orange County

WASHINGTON, DC (October 17, 2019) — Credit Union National Association (CUNA) today announced that the category-level brand campaign, Open Your Eyes to a Credit Union®, is headed to Los Angeles and Orange County, California. The launch comes as credit unions around the world celebrate International ...

CUNA statement regarding the CFPB Taskforce on Federal Consumer Financial Law

WASHINGTON, DC (October 11, 2019) — Credit Union National Association (CUNA) Released the Following Statement after the Consumer Financial Protection Bureau (CFPB) announced that it will establish a taskforce to examine ways to harmonize and modernize federal consumer financial laws. “We appreciate that the Consumer ...

CUNA responds to CFPB’s extension of HMDA open-end line of credit threshold

WASHINGTON, DC (October 10, 2019) — “While credit unions appreciate the CFPB extending the increased HMDA reporting threshold for open-end lines of credit, we strongly recommend the Bureau take action to make the 500-line threshold permanent to reduce the regulatory burden credit unions face, allowing ...

CUNA Board kicks off active recruitment initiative

WASHINGTON, DC (October 7, 2019) — The Credit Union National Association (CUNA) Recruitment Committee today launched an effort to begin recruiting for certain open positions within the CUNA Board of Directors. This marks the first time the trade association has actively sought candidates for Board ...

Ballesteros joins CUNA as engagement consultant to the western region

WASHINGTON, DC (October 7, 2019) — Dianne Ballesteros is joining the Credit Union National Association (CUNA), the nation’s largest and most influential trade association advocating on behalf of America’s 115 million credit union members, as an Engagement Consultant. Ballesteros will work with credit ...

Ten credit unions complete beta testing of new compliance solution

WASHINGTON, DC (October 7, 2019) — Credit Union National Association (CUNA) has announced the completion of beta testing a new, comprehensive compliance solution for credit unions. This solution, in alliance with leagues, will leverage technology and include features identified by credit unions as fundamental to ...

CUNA advocates for real-time payments ahead of Senate hearing

WASHINGTON, DC (September 26, 2019) — Credit Union National Association (CUNA) and credit unions across the country are seeking real-time payments to improve their members’ access to their finances. The Federal Reserve System’s real-time payments network, FedNow, is supported by the trade group who ...

CUNA opposes expanding debt collector rules to first parties

WASHINGTON, DC (September 26, 2019) — Credit Union National Association (CUNA) wrote to the House Financial Services Committee (HFSC) ahead of their hearing on abusive debt collection practices to advocate against legislation that would expand the scope of the Fair Debt Collection Practices Act (FDPA) ...

CUNA announces 3 new associate business members

WASHINGTON, DC (September 20, 2019) — Credit Union National Association (CUNA) has announced three new associate business members, bringing the total of non-credit union members now to 25 since the launch of this new membership offering December 2017. These business advocates join in CUNA’s ...