America’s Credit Unions Press Archives

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 ...

Warren CRA bill a testament to CUNA, League Advocacy

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 ...

Huizenga highlights credit union priorities at CUNA GAC

WASHINGTON, DC (March 13, 2019) — Jim Nussle, CUNA president/CEO, released the following statement after Congressman Bill Huizenga (R-MI), spoke at the 2019 Credit Union National Association Governmental Affairs Conference (CUNA GAC): “This is Congressman Huizenga’s fourth GAC, and we are honored to ...

Luetkemeyer addresses CECL concerns at CUNA GAC

WASHINGTON, DC (March 13, 2019) — Jim Nussle, CUNA president/CEO, released the following statement after Congressman Blaine Luetkemeyer (R-MO), spoke at the 2019 Credit Union National Association Governmental Affairs Conference (CUNA GAC): “Congressman Luetkemeyer is no stranger to credit union issues. His leadership in ...

McHenry talks fintech at CUNA GAC

WASHINGTON, DC (March 13, 2019) — Jim Nussle, CUNA president/CEO, released the following statement after Congressman Patrick McHenry (R-NC), spoke at the 2019 Credit Union National Association Governmental Affairs Conference (CUNA GAC): “Congressman McHenry is a leading advocate for credit unions. He works to ...

Congressman Sherman addresses advocates at CUNA GAC

WASHINGTON, DC (March 13, 2019) — Jim Nussle, CUNA president/CEO, released the following statement after Congressman Brad Sherman (D-CA), spoke at the 2019 Credit Union National Association Governmental Affairs Conference (CUNA GAC): “We thank longtime credit union friend Congressman Sherman for speaking at CUNA ...

Perlmutter addresses credit union members at CUNA GAC

WASHINGTON, DC (March 13, 2019) — Jim Nussle, CUNA president/CEO, released the following statement after Congressman Ed Perlmutter (D-CO), spoke at the 2019 Credit Union National Association Governmental Affairs Conference (CUNA GAC): “Congressman Perlmutter is a true friend of credit unions. We support his ...