The Senate passed a compromise version of the fiscal year 2022 National Defense Authorization Act (NDAA) Wednesday, just over a week after the House passed the same bill. Neither version contains language CUNA, Leagues, and [...]
Sen. Tim Scott introduced a bill to prevent the Small Business Administration from becoming a direct lender Tuesday, the Protecting Access to Credit for Small Businesses Act (S. 3382). The bill would prevent the SBA [...]
Silvur was named Best of Show at VentureTech, the premier fintech showcase event for the credit union industry held in Las Vegas November 10 and 11. After two days of pitches from 14 fintech companies [...]
The House of Representatives and the Senate are in session this week, the House will continue to resolve the debt limit legislation ahead of the Dec. 15 deadline. The Senate is expected to continue its [...]
The average new vehicle loan amount increased 8.5% in a year, according to Experian. The company’s latest State of the Automotive Finance Market report found that the average new vehicle loan amount increased [...]
CUNA Senior Economist Dawit Kebede issued the following statement in response to the November Consumer Price Index: “Inflation continued to surge in November. Supply chain disruptions, higher demand for goods that continue to exceed pre-pandemic [...]
With a focus on collaboration for advancing the credit union movement, credit union leagues gathered in Arizona last week for the American Association of Credit Union Leagues (AACUL) winter conference. They heard from a notable [...]
CUNA and other organizations urged the Federal Communications Commission (FCC) Tuesday to retain purpose-built notification methods as it has ordered, or if it permits an alternative method, to sunset that permission in the future. The [...]
Envisant (formerly LSC), a subsidiary of the Illinois Credit Union League, has invested in a fintech startup that offers marginalized consumers a path to financial recovery through mobile banking technology. Cambio offers a subscription-based mobile [...]
The House passed a version of the fiscal year 2022 National Defense Authorization Act (NDAA) Tuesday night. This version does not contain bank-requested expansion of an arrangement allowing waivers for certain costs for credit unions [...]
NetGiver and CUSocialGood® have announced they are joining together to invigorate and revitalize the credit union impact story. The two organizations have been independently gathering data on the social and community impact of credit unions [...]
Congress has passed and President Joe Biden has signed legislation funding the federal government through Feb. 18, Funding was scheduled to expire Friday at midnight. The legislation also extends the National Flood Insurance Program through [...]
CUNA joined a diverse multi-sector coalition of organizations calling on Senate leaders to include the Secure and Fair Enforcement (SAFE) Banking Act to the Senate National Defense Authorization Act (NDAA) for fiscal year 2022. The [...]
CUNA President/CEO Jim Nussle and Chief Advocacy Officer Ryan Donovan were named among Washington’s “Top Lobbyists” in 2021 by The Hill. “In one of the busiest years on record for the D.C. [...]
Credit unions need to comment on a sweeping proposal that would require financial institutions to collect and report data on the credit applications of small businesses to CFPB. CUNA issued an action alert Tuesday urging [...]
