WASHINGTON, DC (August 23, 2022) — Credit Union National Association applauded a new report from the Department of Defense (DoD) that undercuts for-profit banks’ rationale for seeking rent-free access on military bases. The 2022 National Defense Authorization Act (NDAA) required the DoD to report on ...
WASHINGTON, DC (August 23, 2022) — Registration is now open for the Credit Union National Association (CUNA) Governmental Affairs Conference (GAC). The annual meeting will be held at the Walter E. Washington Convention Center in Washington, D.C., February 26 to March 2, 2023. “CUNA ...
WASHINGTON, DC (August 22, 2022) — Credit Union National Association (CUNA) announced that it will move its Madison headquarters to Madison Yards in Spring 2023. “We are excited about our upcoming move to Madison Yards. This move allows us to modernize our environment into a ...
WASHINGTON, DC (August 17, 2022) — Credit union champions won their primary races in Hawaii Saturday and Alaska Tuesday. Credit Union Legislative Action Council (CULAC) and state leagues have backed 279 credit union champions with a 96% success rate this election cycle. In Hawaii, former ...
WASHINGTON, DC (August 10, 2022) — Fourteen credit union-friendly candidates added 14 wins in Connecticut, Minnesota, Vermont and Wisconsin Tuesday. Credit Union Legislative Action Council (CULAC) and state leagues have backed 274 credit union proponents this cycle with a 97% success rate. In Vermont, Democrat ...
WASHINGTON, DC (August 10, 2022) — Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement in response to the Labor Department’s July Consumer Index Report: “The overall monthly price change remained flat in July as falling gas prices offset ...
WASHINGTON, DC (August 5, 2022) — The Government National Mortgage Association (Ginnie Mae or GNMA) issued an amendment to its mortgage-backed securities guide, removing credit unions’ categorization as non-bank mortgage lenders and recognizing them as insured depositories regulated by a prudential regulator. CUNA has engaged ...
WASHINGTON, DC (August 5, 2022) — Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement in response to the Labor Department’s July Employment Situation: “The US economy added 528,000 jobs in July, double the size of expected amount, ...
WASHINGTON, DC (August 3, 2022) — CUNA President/CEO Jim Nussle issued the following statement in response to the passing of Rep. Jacqueline Walorski, R-Indiana, and two of her staff members. “Rep. Walorski was a champion for the credit union difference since her time in ...
WASHINGTON, DC (August 3, 2022) — Thirty-one credit union-friendly candidates won their primary races in Arizona, Kansas, Michigan, Missouri, and Washington Tuesday. Credit Union Legislative Action Council (CULAC) and state leagues have backed 255 credit union champions with a 97% success rate this election cycle. ...
WASHINGTON, DC (August 1, 2022) — In the July 2022 CUNA Economic Update, Senior Economist Dawit Kebede, PhD, comments on the Federal Reserve’s Open Market Committee meeting and the chances of a recession. Highlights from the July update include: Housing investment and car sales: ...
WASHINGTON, DC (July 29, 2022) — Credit Union National Association (CUNA) adamantly opposes the Credit Card Competition Act, which poses a serious threat to sensitive financial data for millions of consumers by allowing the nation’s largest retailers to bypass established secure payment networks. CUNA ...
WASHINGTON, DC (July 28, 2022) — Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement after the U.S. Commerce Department released its second-quarter gross domestic product (GDP) report: “Real Gross Domestic Product (GDP) decreased by 0.9% for a ...
WASHINGTON, DC (July 28, 2022) — The House passed CUNA and League-backed remote online notary and Community Development Financial Institutions (CDFI) Fund improvements Wednesday evening. “We owe a big thank you to the House for passing these two bipartisan bills that will increase access to ...
WASHINGTON, DC (July 27, 2022) — Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement following the Federal Reserve meeting today: “The Federal Reserve Open Market Committee (FOMC) increased the federal funds rate by 75 basis points, in line with ...
