America’s Credit Unions Press Archives

House passes CUNA-backed examination fairness bill

WASHINGTON, DC (March 15, 2018) — The House voted Thursday 283-133 in favor of the CUNA-backed Financial Institutions Examination Fairness and Reform Act (H.R. 4545). The bill was introduced by Rep. Scott Tipton (R-Colo.), who cited CUNA’s examination survey when discussing the bill ...

S. 2155 passes Senate; Major win for credit unions

WASHINGTON, DC (March 14, 2018) — Today the Senate passed S. 2155, a CUNA-supported relief bill that will improve the current operating environment for credit unions and community banks nationwide. The Economic Growth, Regulatory Relief and Consumer Protection Act is a victory for consumers served ...

Nussle statement on CUNA-supported CFPB commission bill

WASHINGTON, DC (March 14, 2018) — Jim Nussle, Credit Union National Association president/CEO, released the following statement after U.S. Rep. Ross (R-FL) introduced H.R. 5266 yesterday evening to create a commission at the CFPB. “CUNA maintains that the best leadership structure for ...

CUNA announces new strategic planning event for credit union leaders

WASHINGTON, DC (March 12, 2018) — In light of the uncertain and ever-changing nature of the future, CUNA has announced the CUNA Strategic Planning Roundtable, August 18-19, in Denver to help credit union leaders better prepare for future success. “The most value that I think ...

CUNA announces dates for two 2018 leadership eSchools

WASHINGTON, DC (March 7, 2018) — CUNA will be hosting two concurrent leadership eSchools throughout April 2018. CUNA Young & Emerging Leadership eSchool provides professional development for new and aspiring credit union leaders, while CUNA Executive Leadership eSchool offers tactical insights and skills for advanced ...

House passes CUNA-backed EGRPRA, mortgage bills

WASHINGTON, DC (March 6, 2018) — The House voted Tuesday to pass two CUNA-supported regulatory relief bills, both consistent with CUNA’s Campaign for Common-Sense Regulation. One would require a regulatory review from financial regulators every five years (a process NCUA participates in voluntarily every ...

CUNA and Ohio League take legal action in ADA case

WASHINGTON, DC (March 6, 2018) — Credit Union National Association and the Ohio Credit Union League today filed an amicus brief in the U.S. District Court for the Northern District of Ohio defending a credit union hit with a lawsuit alleging violations of the ...

Summary judgment hearing for FOM suit set for March 14

WASHINGTON, DC (March 5, 2018) — The U.S. District Court for the District of Columbia has scheduled a hearing on the summary judgment motions in the lawsuit against NCUA's field-of-membership rule for 10 a.m. (ET) on March 14. NCUA finalized its rule in ...

Credit Union House congratulates 2018 Hall of Leaders inductees

WASHINGTON, DC (March 2, 2018) — The Credit Union House, LLC and its board of directors congratulate the 2018 Hall of Leaders inductees: Geraldine Burek, South Division Credit Union (IL) Tom Dorety, Suncoast Credit Union (FL) In memory of Jerry Erickson, Northland Area Federal Credit ...

CUNA sees victory with ADA case dismissal

WASHINGTON, DC (March 2, 2018) — Today a lawsuit against Houston-based BCM Federal Credit Union was voluntarily dismissed with prejudice just eight days after CUNA and the Cornerstone Credit Union League filed a brief supporting BCM's motion to dismiss the case. Similar predatory lawsuits have ...

Credit unions active as S. 2155 moves in Senate

WASHINGTON, DC (March 1, 2018) — Today, the Senate announced it will give floor consideration to S. 2155, the bipartisan Economic Growth, Regulatory Relief and Consumer Protection Act. "America's credit unions thank Senate Majority Leader Mitch McConnell (R-Ky.) and Minority Leader Chuck Schumer (D-N.Y.) ...

CUNA and Illinois Credit Union League defend CU in ADA lawsuit

WASHINGTON, DC (February 28, 2018) — Credit Union National Association and the Illinois Credit Union League today filed an amicus brief defending Aurora Policeman Credit Union which is facing a frivolous lawsuit alleging violations of the Americans with Disabilities Act (ADA). CUNA has been working ...

House passes CUNA-backed TRID Improvement Act

WASHINGTON, DC (February 28, 2018) — Tonight, the CUNA-backed TRID Improvement Act of 2018 (H.R. 5078) passed in the House with a 53-5 vote. Amendments under the bill include clarifications to the Real Estate Settlement Procedures Act, requiring the Consumer Financial Protection Bureau to ...