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 [...]
Kyle Hauptman became the 24th Board Member of NCUA following a swearing-in ceremony held Monday at the agency’s Alexandria, Va. headquarters. NCUA Chairman Rodney Hood delivered the oath of office to Hauptman. “I am [...]
The Senate passed the fiscal year 2021 National Defense Authorization Act (NDAA) Friday, following House passage of the bill earlier this week. The bill passed by a 84-13 margin, which is enough to override a [...]
If you want to go fast, go alone. If you want to go far, go together. This proverb sums up the mission of faith-based credit unions and the Faith Based Credit Union Alliance. The alliance, [...]
CUNA President/CEO Jim Nussle and Chief Advocacy Officer Ryan Donovan were named “Top Lobbyists” in 2020 by The Hill. “In a busy and challenging year for the influence world, these are the people who [...]
The House passed a Continuing Resolution Wednesday to fund the federal government through Dec. 18, one week past the current scheduled expiration date of Dec. 11. The Senate is expected to take up the bill [...]
When the coronavirus (COVID-19) struck, CO-OP Financial Services had to act quickly and deploy its workforce in a remote environment. But it knew it also had to continue to assist credit unions as they worked [...]
From economic stimulus payments to unemployment benefits, criminals are thriving on unparalleled opportunities for fraud during the COVID-19 crisis. With over 189M stolen through COVID-19-related fraud as of November 2020, criminals deploy a variety of [...]
The NCUA Board released its monthly meeting schedule for 2021 Tuesday. The board meeting calendar is posted to the NCUA’s website along with the agendas, which are available one week in advance of each [...]
Congress is expected to vote on the FY21 National Defense Authorization Act (NDAA) conference report this week and negotiations continue to fund the federal government past Dec. 11. Funding is scheduled to expire Dec. 11. [...]
Relationships are a critical ingredient to the credit union’s success: the relationship the board establishes with the CEO and the relationships board members form among each other. Professionalism and a mutual respect for roles [...]
Data on the financial performance of federally insured credit unions for the quarter ending Sept. 30 are now available from NCUA. The NCUA’s Quarterly Data Summary Reports include an overview of the quarterly Call [...]
