America’s Credit Unions Press Archives

Credit union refunds set for 2018, CUNA-backed victory at NCUA

WASHINGTON, DC (September 28, 2017) — CUNA President/CEO Jim Nussle called NCUA’s decision to close the Temporary Corporate Credit Union Stabilization Fund and begin issuing refunds in 2018 a victory for credit unions. Board Chairman J. Mark McWatters and board member Rick Metsger ...

CUNA joins 68 CDFI credit unions to call for full FY2018 funding

WASHINGTON, DC (September 27, 2017) — CUNA and 68 certified Community Development Financial Institution (CDFI) credit unions wrote to Congress to strongly support full funding for the Treasury's CDFI Fund at $248 million for Fiscal Year (FY) 2018, the same amount Congress appropriated for FY ...

Settlement approved in data breach lawsuit against Home Depot

WASHINGTON, DC (September 22, 2017) — Judge Thomas W. Thrash Jr. approved a settlement Friday between Home Depot and financial institutions in a lawsuit brought in the wake of a 2014 data breach. CUNA, state leagues and a number of credit unions are among the ...

CUNA releases 2Q Peer Profile Report

WASHINGTON, DC (September 22, 2017) — Credit Union National Association (CUNA) has released a brand-new version of its CUNA Peer Profile Report, a free resource for CUNA members that allows credit unions to compare their recent performance data with that of their closest peers in ...

CUNA pushes Equifax to notify consumers of breach

WASHINGTON, DC (September 13, 2017) — Credit Union National Association (CUNA) President/CEO Jim Nussle sent a letter to Equifax Chairman and CEO Richard Smith urging Equifax to contact all consumers impacted by its recent data breach, in order to immediately begin addressing the threat ...

September Economic Update addresses economic growth

WASHINGTON, DC (September 12, 2017) — The September 2017 edition of the CUNA Economic Update is now available. Sponsored by CUNA CFO Council, this month’s update addresses current economic growth as well as what a government shutdown in the future could look like for ...

CUNA supports Senate vote on arbitration rule

WASHINGTON, DC (September 11, 2017) — Credit Union National Association (CUNA) wrote to Senate Leadership and the Senate Banking Committee urging the chamber to vote yes on H.J. Res. 111 when it comes before the Senate. The legislation would disapprove of the Consumer Financial ...

CUNA, CO-OP and PSCU partnering on credit union system-wide disaster response

WASHINGTON, DC (September 8, 2017) — Credit Union National Association (CUNA), CO-OP Financial Services and PSCU have collaborated on a system-wide disaster response for the credit union movement. Special toll-free numbers dedicated to helping credit union members with access and branch information as they may ...

Congress passes funding for flood insurance, CDFI funds

WASHINGTON, DC (September 8, 2017) — The House and Senate passed a government funding package that reauthorizes the National Flood Insurance Program and maintains fiscal year 2017 funding levels for the Community Development Financial Institutions (CDFI) fund. “Congress reauthorizing the national flood insurance program and ...

CUNA donates $50,000 to CUAid for Harvey relief

WASHINGTON, DC (August 31, 2017) — The Credit Union National Association (CUNA) announced Thursday it is donating $50,000 to Harvey relief efforts through CUAid, the National Credit Union Foundation’s disaster relief system. “The images coming out of Texas this week have been gut-wrenching, ...