Credit unions and other financial institutions need a reasonable transition period to comply with sudden changes in the 2020 Home Mortgage Disclosure Act (HMDA) final rule, CUNA and other trades wrote to Federal Financial Institution [...]
CUNA and Leagues collaborate each year to build our advocacy agenda, and it starts with a hard look at what worked, what didn’t, and what we can do for consumers in the year ahead. [...]
CUNA announced Robert Lewis has been hired as its new executive vice president and chief advocacy officer. Lewis, the founder and president/CEO of the Van Aucker Group, has more than 20 years of legislative [...]
The divided government in the next Congress presents unique opportunities for credit unions because we’ve spent years building up trust on both sides of the aisle. We represent the chance for bipartisan, pro-consumer compromise [...]
Sekou Andrews, creator of Poetic Voice speaking, will provide the opening Ed (Filene) Talk at 2023 CUNA Governmental Affairs Conference (GAC). The session is sponsored by CUNA Councils. Seamlessly blending inspirational speaking with spoken word [...]
While many view the board as the heart of the membership, the supervisory committee is its eyes and years, ensuring the credit union follows its policies and procedures, internal controls, and risk profile. David Reed, [...]
The NCUA Board issued a proposal regarding the purchase of loan participations and set the 2023 Normal Operating Level at 1.33% (same as 2022) at its Dec. 15 meeting. The board also approved the [...]
CUNA Senior Economist Dawit Kebede issued the following statement following the Federal Reserve meeting Wednesday: “The Federal Reserve Open Market Committee (FOMC), as expected, raised the federal funds rate by 50 basis points, increasing the [...]
The failure of FTX, and the numerous other crypto companies over the last year, has made crystal clear the need for a comprehensive regulatory framework to govern the digital assets system, CUNA wrote to the [...]
The arrival of a new year often brings hope for a fresh beginning. But credit union business lenders who have dealt with the impact of a turbulent economy for many months should, unfortunately, be ready [...]
The House and Senate are in session this week, and the Senate will consider nominations and the FY2023 National Defense Authorization Act. Federal government funding is also scheduled to expire at midnight Friday, and members [...]
Total loans outstanding in federally insured credit unions increased $235 billion, or 19.2%, over the year ending in the third quarter of 2022, to $1.46 trillion, according to NCUA's latest financial performance data. [...]
CUNA, American Association of Credit Union Leagues (AACUL), and Leagues gathered in Charleston, S.C., this week for AACUL’s winter meeting. It was a great gathering of credit union leaders, all focused on how [...]
CUNA supports the Consumer Financial Protection Bureau’s (CFPB) inquiry into the tech companies’ payments practices and strongly encourages the bureau to carefully examine and regulate these entities moving forward, it wrote in response to [...]
Bloomberg listed “behavioral scientist” as the top job of this decade because it’s so important to understanding human behavior as it relates to our daily habits, 99% of which are unconscious. The discipline combines [...]
