Credit unions make a difference when they’re needed most, including during the coronavirus disease (COVID-19) pandemic, CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices Friday. Donovan shared information on the [...]
Through direct CUNA and League advocacy, credit unions will be able to better serve their members affected by the latest coronavirus disease (COVID-19) relief legislation. The bill, passed by the Senate late Wednesday, was amended [...]
Credit unions are taking to social media to share information with members during the COVID-19 outbreak. Rather than relying solely on words, Signal Financial Federal Credit Union in Kensington, Md., used a video message from [...]
While CUNA supports the majority of NCUA’s proposed rule on bank-credit union combination transactions, there are aspects not statutorily required, several of which may be problematic, CUNA wrote to NCUA Wednesday. NCUA is accepting [...]
When consumers drive 70% of economic activity, as they do in the U.S., any significant disruption to peoples’ lives will have a corresponding impact on the economy. That is certainly the case with the [...]
Federally insured, low-income designated credit unions that experience unexpected costs as a result of COVID-19 can request urgent needs grants from NCUA. “The NCUA recognizes that the COVID-19 outbreak will affect all federally insured credit [...]
O Bee Credit Union in Lacey, Wash., is a 45 minute-drive from the Kirkland, Wash., nursing home that was the initial epicenter of the coronavirus outbreak. The area’s credit unions were among the first [...]
The House today passed the Phase III coronavirus disease (COVID-19) stimulus package, supported by the Credit Union National Association (CUNA) and its League partners. The bill was amended to include credit unions in several provisions [...]
Credit Union National Association (CUNA) President/CEO Jim Nussle released the following statement after The Board of Governors of the Federal Reserve System, Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation, (FDIC), National Credit [...]
The Senate today will vote on its Phase III coronavirus disease (COVID-19) stimulus package, supported by the Credit Union National Association (CUNA) and its League partners. The bill was amended to include credit unions in [...]
Credit Union National Association (CUNA) President/CEO Jim Nussle today wrote to the National Credit Union Administration (NCUA) Chairman Rodney Hood with additional recommendations to alleviate the impact of coronavirus (COVID-19) on credit unions and [...]
As credit unions grapple with the ongoing coronavirus disease (COVID-19) pandemic, CUNA, in partnership with the leagues, is providing several resources for credit union professionals through the CUNA/AACUL COVID-19 Response Center. With tools to [...]
Many Americans are being financially affected by the coronavirus disease (COVID-19) pandemic. As businesses close their doors to keep their customers and employees safe, thousands—if not millions—are facing several weeks of pay disruption [...]
Credit Union National Association (CUNA) President/CEO Jim Nussle contacted the Financial Accounting Standards Board (FASB) today, urging for a delay of the effective date of the current expected credit losses (CECL) standard as it [...]
