WASHINGTON, DC (May 22, 2019) — Credit Union National Association (CUNA) requested National Credit Union Administration (NCUA) explore the idea of adopting a floating interest rate cap for federal credit union loans instead of its traditional fixed interest rate (currently 18%) in a letter to ...
WASHINGTON, DC (May 22, 2019) — Credit Union National Association (CUNA) responded to the Department of Labor’s (DOL, Department) overtime regulation proposal under the Fair Labor Standards Act (FLSA). CUNA urges the DOL to further consider how the current proposal would create excessive costs ...
WASHINGTON, DC (May 22, 2019) — The Credit Union National Association (CUNA) announced today the appointment of Chris Lorence as Chief Credit Union Awareness Officer. Lorence will lead CUNA’s Awareness initiative, Open Your Eyes to a Credit Union®, a digital-first marketing campaign that will ...
WASHINGTON, DC (May 22, 2019) — Credit Union National Association (CUNA) today wrote to the Senate Banking Committee (SSBC) seeking reasonable protections, including those under the Bank Secrecy Act (BSA), aimed at reducing financial crimes. The letter was sent ahead of the committee’s hearing ...
WASHINGTON, DC (May 22, 2019) — The Federal Communication Commission (FCC or the Commission) is scheduled to consider its draft Declaratory Ruling (the Ruling) and third Further Notice of Proposed Rulemaking (FNPR) at an upcoming opening meeting on June 6. Credit Union National Association (CUNA) ...
WASHINGTON, DC (May 15, 2019) — Registration is now open for CUNA Supervisory Committee & Internal Audit Conference, taking place December 8-11, 2019 in Las Vegas. Participants will learn about the current regulatory environment and how to strengthen their operational oversight to protect their credit ...
WASHINGTON, DC (May 13, 2019) — The Credit Union National Association (CUNA) today wrote the Board of Governors of the Federal Reserve System to share concerns regarding the Board’s current limit of six transfers per month from a savings account, as outlined in Regulation ...
WASHINGTON, DC (May 10, 2019) — Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez announced a proposal to cap the interest rates consumers pay for credit card and other loans. In that proposal they also called for the U.S. Postal Service to start providing more ...
WASHINGTON, DC (May 9, 2019) — The House Financial Services Committee (HFSC) today approved H.R. 2514, the “Coordinating Oversight, Upgrading and Innovating Technology, and Examiner Reform (COUNTER) Act of 2019,” which includes Bank Secrecy Act/Anti-Money Laundering (BSA/AML) relief for credit unions. Representative ...
WASHINGTON, DC (May 7, 2019) — Credit Union National Association sent setters for the record to House and Senate subcommittees to outline credit union priorities following today’s hearings on flood insurance, international development, minority homeownership and illegal robocalls. House Committee on Rules CUNA is ...
WASHINGTON, DC (May 7, 2019) — The Senate Banking Committee and House Subcommittee on Consumer Protection and Commerce today held hearings on privacy rights and data collection in the digital economy. Credit Union National Association (CUNA) sent a letter for the record encouraging Congress to ...
WASHINGTON, DC (May 7, 2019) — Credit Union National Association (CUNA) wrote to the Consumer Financial Protection Bureau (CFPB) seeking stronger requirements for Residential Property Assessed Clean Energy (PACE) loans. The letter was sent in response to the Bureau's Advance Notice of Proposed Rulemaking (ANPR) ...
WASHINGTON, DC (May 7, 2019) — Credit Union National Association (CUNA) will host their third annual Young Professionals Advocacy Training in September. This full-day program teaches attendees the benefits of advocacy, how to build strong relationships with their Members of Congress, and best practices for ...
WASHINGTON, DC (May 2, 2019) — Today Credit Union National Association (CUNA) President/CEO Jim Nussle released the following statement after the Consumer Financial Protection Bureau (CFPB) issued a proposed rule on HMDA’s data reporting requirements that would clarify partial exemptions from certain Home ...
WASHINGTON, DC (May 1, 2019) — Credit Union National Association (CUNA) continues their efforts to ensure data privacy and security is a top priority for Congress. Ahead of the Senate Committee on Commerce, Science & Transportation hearing today, CUNA sent a letter for the record ...
