America’s Credit Unions Press Archives

CU-supported candidates in Tuesday primary election

WASHINGTON, DC (June 5, 2018) — The Credit Union National Association (CUNA) and its political action committee, the Credit Union Legislative Action Committee (CULAC), are supporting a number of credit union-friendly candidates in eight states. As California voters head to the polls on the busiest ...

CUNA, leagues support Texas, Ohio CUs facing ADA suits

WASHINGTON, DC (June 4, 2018) — CUNA continues its aggressive defense of credit unions hit with predatory lawsuits claiming violations of the Americans with Disabilities Act (ADA) by filing two briefs in Ohio and Texas. Credit unions are facing lawsuits due to uncertainty about how ...

CUNA white paper suggests changes to CFPB complaint system

WASHINGTON, DC (June 4, 2018) — The request for information (RFI) process continues at the Bureau of Consumer Financial Protection (CFPB) and today Credit Union National Association (CUNA) is urging the Bureau to revisit its complaint intake system. CUNA submitted its extensive white paper to ...

CUNA DC office moves to 99 M Street

WASHINGTON, DC (June 4, 2018) — Credit Union National Association relocated its Washington, D.C. office from Pennsylvania Avenue to a new development at 99 M Street, SE. The move allows the national trade association to maintain its unique presence as the only credit union ...

CUNA, World Council discuss EU data protection regulation

WASHINGTON, DC (May 31, 2018) — CUNA hosted a webinar Wednesday on the European Union’s (EU) General Data Protection Regulation (GDPR), which became effective May 25. Lance Noggle, CUNA senior director of advocacy for payments and cybersecurity, presented, along with Andy Price, World Council's ...

CUNA releases “White Paper on Common-Sense Reforms” for CFPB

WASHINGTON, DC (May 29, 2018) — Today Credit Union National Association (CUNA) submitted a comprehensive white paper to the Bureau of Financial Consumer Protection to further ensure regulations are tailored and streamlined. CUNA's "Common-Sense Reforms to Bureau of Consumer Financial Protection Rules and Procedures,” is ...

In historical moment for CUs, Trump signs S. 2155

WASHINGTON, DC (May 24, 2018) — Today President Donald Trump signed the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) into law, officially enacting legislation that provides regulatory relief for America’s credit unions. Credit Union National Association (CUNA) strongly supported the bill ...

CUNA talks reg relief in letter to the House after S. 2155 passage

WASHINGTON, DC (May 23, 2018) — Following the vote in the House to pass S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act, Credit Union National Association sent this letter to House Financial Services Chairman Jeb. Hensarling (R-TX) and Ranking Member Maxine Waters (...

CUNA announces new CUNA & League compliance communities

WASHINGTON, DC (May 23, 2018) — Support and information on state and federal regulations is now available in one central hub. After successful beta testing, three leagues have joined CUNA for the inaugural launch of CUNA & League Compliance Communities. These new communities, an extension ...

Reg relief bill S. 2155 passes House; monumental win for credit unions

WASHINGTON, DC (May 22, 2018) — Today the House voted (258-159) to pass S. 2155, a relief bill supported by Credit Union National Association (CUNA) that will improve the current operating environment for credit unions and community banks nationwide. The Economic Growth, Regulatory Relief and ...

CUNA-backed bill to delay RBC rule in HFSC

WASHINGTON, DC (May 22, 2018) — Today, Credit Union National Association sent this letter to Rep. Robert Pittenger (R-N.C.) in support of Section 701 of H.R. 5841, the “Foreign Investment Risk Review Modernization Act of 2018.” Section 701 would delay the risk-based capital ...

CUNA urges transfer of examination authority in Bureau comment letter

WASHINGTON, DC (May 21, 2018) — Credit Union National Association (CUNA) filed a comment letter this morning in response to the Bureau of Consumer Financial Protection’s (Bureau) Request for Information on its Supervision Program. The letter urges the Bureau to transfer examination authority for ...

Credit unions active as S. 2155 moves in the House

WASHINGTON, DC (May 21, 2018) — Today, the House Rules Committee will meet on S. 2155, the bipartisan Economic Growth, Regulatory Relief and Consumer Protection Act at 5 p.m. (ET). This clears the way for the bill to likely be considered this week, as ...

CUNA-requested ADA language added to House approps bill

WASHINGTON, DC (May 21, 2018) — CUNA-requested language requesting the Department of Justice clarify website accessibility standards for the Americans with Disabilities Act was successfully added to a House appropriations bill Friday. Credit unions around the country are facing numerous legal challenges due to uncertainty ...