Rep. Butterfield announces retirement

Rep. Butterfield announces retirement

Rep. G.K. Butterfield (D-N.C.) announced Thursday he will not seek a tenth term in 2022. Butterfield has represented North Carolina’s 1st Congressional District since 2004 and has been supported by credit unions [...]

Collaboration on full display at NACUSO, VentureTech

Collaboration on full display at NACUSO, VentureTech

Collaboration was the keyword in Las Vegas last week as a pair of industry events coordinated their calendars to the benefit of all involved. The NACUSO Network Conference drew nearly 500 attendees, evenly split between [...]

Digital asset services at CUs would protect consumers

Digital asset services at CUs would protect consumers

Congress should look for ways enable credit unions to provide digital asset related services so these services can be properly overseen by regulators, CUNA wrote to the Joint Economic Committee. CUNA has called for similar [...]

‘Innovate while staying true to our core’

‘Innovate while staying true to our core’

Fintechs, cyber-crooks, digital currencies, and new regulations all demand adaptive action from credit unions, says Fabiana Burkett, vice president, enterprise risk management, at $2.2 billion asset Orange County’s Credit Union in Santa Ana, [...]

CUNA unveils 2022 conferences, events, eSchools, webinars

CUNA unveils 2022 conferences, events, eSchools, webinars

CUNA’s 2022 calendar of credit union-specific events features more than 70 face-to-face conferences, virtual conferences, eSchools and webinars. The complete list is available here, and credit unions can register here as registration becomes available. “[...]

NCUA extends FCU meeting flexibility in 2022 due to pandemic

NCUA extends FCU meeting flexibility in 2022 due to pandemic

NCUA extended the flexibility for federal credit unions to conduct meetings virtually in 2022, it announced this week in a Letter to Federal Credit Unions (21-FCU-06). As previously provided, a federal credit union may adopt [...]

CUNA receives final nomination for board election

CUNA receives final nomination for board election

CUNA received its last nomination last week for its board election. The nomination period for the CUNA Board of Directors has now expired. For the special election, the director elected will now take office Dec. [...]

Shared facilities final rule on NCUA’s Nov. 18 agenda

Shared facilities final rule on NCUA’s Nov. 18 agenda

The NCUA board will hear a briefing on modernized examination tools and the agency’s COVID-19 response. The meeting will be streamed live on NCUA.gov starting 10 a.m. ET. The board will also [...]

NCUA issues letter on subordinated debt rule effective Jan. 1

NCUA issues letter on subordinated debt rule effective Jan. 1

NCUA issued a Letter to Credit Unions (21-CU-13) reminding all federally insured credit unions the final final subordinated debt rule becomes effective Jan. 1, 2022. The final rule amends various parts of the NCUA’s [...]

October jobs report signals ‘return to normal economic activity’

October jobs report signals ‘return to normal economic activity’

CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’s October Jobs Report: “The job market showed strong growth in October, as expected, after two months of disappointing performance. [...]

SAFE Banking, remote notary should be included in Senate NDAA

SAFE Banking, remote notary should be included in Senate NDAA

Credit unions have profound interest in preserving the Department of Defense’s (DoD) discretionary authority to allow credit unions to use land and space on military bases at a nominal rate, CUNA and other organizations [...]

2021 Maxwell, Herring, Desjardins National Award winners announced

2021 Maxwell, Herring, Desjardins National Award winners announced

CUNA's National Awards Committee announced the 2021 recipients of the Dora Maxwell Social Responsibility Community Service Award, the Louise Herring Philosophy-in-Action Member Service Award, and the Desjardins Awards for Financial Education. State Leagues across the [...]

NCUA

NCUA, FDIC host financial education for youth webinar Nov. 16

NCUA and the Federal Deposit Insurance Corporation are cohosting a webinar focused on helping young people (ages 16–24) on the road to financial stability. Part II of the webinar series “Account Access and Financial [...]