America’s Credit Unions Press Archives

Proposed bill would exempt loans to veterans from MBL cap

WASHINGTON, DC (April 10, 2019) — Reps. Vicente Gonzalez (D-Texas), Tulsi Gabbard (D-Hawaii), Paul Cook (R-Calif.) and Don Young (R-Ark.) introduced a bill today that would exempt loans made to veterans from counting against credit union’s member business lending (MBL) cap. The bill would ...

CUNA addresses credit union priorities for federal agency budget hearings

WASHINGTON, DC (April 10, 2019) — Congressional activity is on the rise this week as Credit Union National Association (CUNA) spotlights advocacy priorities for America’s 115 million credit union members in three appropriations letters and one resolution letter. Several House Appropriations subcommittees held hearings ...

Credit unions welcome Hood as NCUA Board Chairman

WASHINGTON, DC (April 9, 2019) — Rodney Hood and Todd Harper were today sworn in as new board members of the National Credit Union Administration (NCUA). For the first time since 2016, the board is comprised of a full, three-person lineup. President Donald J. Trump ...

New asset/liability management eSchool available for credit unions

WASHINGTON, DC (April 5, 2019) — Professionals from credit unions nationwide are now able to register for the new CUNA Asset/Liability Management (ALM) eSchool, designed to prepare attendees to guide their credit union’s risk management strategy. “ALM isn’t a trend that’s ...

Senate confirms Mark Calabria as next FHFA Director, CUNA responds

WASHINGTON, DC (April 4, 2019) — Today the Senate confirmed Dr. Mark Calabria to serve as the director of the Federal Housing Finance Agency (FHFA). Calabria, who will serve a five-year term, served as the chief economist to Vice President Mike Pence, and previously served ...

Senate confirms Mark Calabria as next FHFA Director, CUNA responds

WASHINGTON, DC (April 4, 2019) — Today the Senate confirmed Dr. Mark Calabria to serve as the director of the Federal Housing Finance Agency (FHFA). Calabria, who will serve a five-year term, served as the chief economist to Vice President Mike Pence, and previously served ...

TCPA laws are outdated and harmful to credit union members

WASHINGTON, DC (April 4, 2019) — Credit Union National Association (CUNA) sent a letter for the record ahead of the budget hearing for the Federal Communications Commission (FCC) imploring Congress to encourage the FCC to modernize its regulations for the Telephone Consumer Protection Act (TCPA). ...

CUNA to Congress: Credit unions taxed differently by design

WASHINGTON, DC (April 3, 2019) — Credit Union National Association (CUNA) Chief Advocacy Officer Ryan Donovan wrote to Capitol Hill today to further emphasize the nonprofit model of credit unions as financial cooperatives. “Taxing credit unions would yield enough cash to run the government for ...

Credit Union Magazine accepting 2019 Credit Union Rock Star nominations

WASHINGTON, DC (April 2, 2019) — Do you have a credit union colleague who displays exceptional creativity, innovation, and passion in their job? Credit Union Magazine is now accepting nominations for its seventh annual Credit Union Rock Stars program. Sponsored by Fiserv, Credit Union Rock ...