America’s Credit Unions Press Archives

CUNA Technology Council presents GAC Best of Show Award to Glia

WASHINGTON, DC (March 29, 2019) — Glia, an industry provider delivering platforms that combine technology with a human touch to give organizations seamless member experiences, was presented the CUNA Technology Council’s Best of Show Award at the 2019 CUNA Governmental Affairs Conference (GAC). This ...

CUNA contacts Capitol Hill to seek clarity on TCPA

WASHINGTON, DC (March 29, 2019) — CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices Thursday seeking clarity on the Telephone Consumer Protection Act (TCPA). Regulations governing how businesses can interact with consumers are not keeping up with technology, leaving both consumers ...

House Financial Services Committee passes CUNA-supported SAFE Banking Act

WASHINGTON, DC (March 28, 2019) — The House Financial Services Committee passed the CUNA-supported Secure and Fair Enforcement (SAFE) Banking Act (H.R. 1595) Thursday by a bipartisan vote of 45-15. The bill would provide a safe harbor for financial institutions serving legal cannabis-related businesses. “...

CUNA to Congress: Multi-member commission at the CFPB is best for consumers

WASHINGTON, DC (March 27, 2019) — Credit Union National Association (CUNA) sent a letter in response to the House Financial Services Committee (HFSC) markup of H.R. 1500, the “Consumers First Act.” The trade organization has long advocated for a multimember, bipartisan commission at the ...

CUNA to Congress: Data security is a national security issue

WASHINGTON, DC (March 27, 2019) — Credit Union National Association (CUNA) is urging Congress to recognize data security as an issue of national security. The trade organization advocating for America’s 115 million credit union members today sent letters for the record ahead of two ...

FHFA credit score model needs adequate cost-benefit analysis, CUNA says

WASHINGTON, DC (March 21, 2019) — Credit Union National Association (CUNA) sent a letter Thursday to the Federal Housing Finance Agency (FHFA) on the validation and approval of credit score models. CUNA’s letter applauds FHFA for acknowledging the need for cost-benefit analysis as a ...

CUNA creates a streamlined path to employee recognition

WASHINGTON, DC (March 20, 2019) — Credit union staff will have the opportunity to earn recognition and grow in their roles in a straightforward way with the revised  CUNA recognition program. “Recognition and professional development play a pivotal role in employee retention and engagement,” said ...

Victory for credit unions with ADA dismissal in Ohio

WASHINGTON, DC (March 18, 2019) — The U.S. District Court for the Southern District of Ohio dismissed a lawsuit against BMI Federal Credit Union citing alleged violations of the Americans with Disabilities Act (ADA). Credit Union National Association and the Ohio Credit Union League ...

Senate confirms Hood, Harper for National Credit Union Administration

WASHINGTON, DC (March 14, 2019) — Today the Senate Banking Committee voted to confirm Rodney Hood and Todd Harper to serve on the board of the National Credit Union Administration (NCUA). The independent federal agency tasked with regulating credit unions will now have a full ...

Senator Warren introduces CRA Bill; Credit unions react

WASHINGTON, DC (March 14, 2019) — Senator Elizabeth Warren (D-Mass.) today introduced an updated version of the American Housing and Economic Mobility Act. Sen. Warren initially planned to expand the Community Reinvestment Act (CRA) to include new requirements for credit unions. Instead the bill codifies ...