The U.S. Small Business Administration (SBA) and Treasury Department announced the Paycheck Protection Program (PPP) will re-open the week of Jan. 11 for new borrowers and certain existing PPP borrowers. To promote access to [...]
Columbia CU, Vancouver, Wash., announced at the end of 2020 it made a $15,000 donation to a nonprofit pediatric therapy clinic and $17,100 donation to local veterans’ groups. The $15,000 grant donation [...]
When Jordan van Rijn looks back at 2020, what stands out most is how quickly the economy is recovering following dramatic declines in gross domestic product and skyrocketing unemployment due to the pandemic. While the [...]
The NCUA board will propose a risk-based net worth rule to raise the asset threshold for defining a credit union as complex, among other items, at its Jan. 14 meeting agenda. The board will also [...]
As the scope of the SolarWinds cyberattack is still being explored, CUNA’s compliance staff examine what credit unions can do next in a recent CompBlog entry. The attack affected an estimated 18,000 SolarWinds [...]
CUNA continued to advance its 2021 advocacy agenda with a communication to all 535 Congressional offices sent early this week. CUNA Chief Advocacy Officer Ryan Donovan reminded Congress that America’s credit unions are committed [...]
It is critical for federal regulators, including the Consumer Financial Protection Bureau (CFPB), to appreciate the significant differences in the appropriate role of regulations and of guidance, CUNA wrote Monday. The letter was sent to [...]
After more than 40 years with First Missouri Credit Union in St. Louis, President/CEO Steve Ogolin plans to retire in January. During his tenure, Ogolin ushered First Missouri through a name change from St. [...]
All rules and guidance for any Paycheck Protection Program (PPP) enhancements be issued and finalized before the program goes into effect, CUNA and other organizations wrote to Treasury and Small Business Administration (SBA) leaders Wednesday. [...]
CUNA announces its new CUNA Agile Marketing eSchool to guide credit union marketers on methods to grow their credit unions with nimble and effective teams. “Agile, in the marketing environment, means using data and analytics [...]
Financial services employees should be included in Phase 1c of COVID-19 vaccination, a Center for Disease Control and Prevention panel voted Sunday. The presentation from the ACIP COVID-19 Vaccines Work Group covers phased allocations of [...]
The voting period for four contested CUNA Board positions has ended. Directors elected will take office upon the adjournment of CUNA's Annual General Meeting virtually on March 2, during CUNA Governmental Affairs Conference (GAC) and [...]
The NCUA board extended its previous COVID-19 relief through the end of 2021, approved its subordinated debt final rule and proposed an overdraft rule, among other items on its agenda Thursday. The board will meet [...]
CUNA has released its initial schedule of educational events including for 2021 including more than 50 eSchools and virtual conferences. “Credit unions recognize that investing in their people is more important now than ever,” said [...]
CUNA supports a joint interagency rule to codify a 2018 statement that guidance does not have the force and effect of law. CUNA noted it is vital that NCUA, “appreciate the significant differences between regulation [...]
