Chairman Hood Reinforces Commitment to Financial Inclusion, Launches ACCESS Initiative at Hope Global Forum

October 19, 2020

National Credit Union Administration Chairman Rodney E. Hood reinforced his commitment to financial inclusion by announcing the launch of the agency’s new Advancing Communities through Credit, Education, Stability, and Support, or ACCESS, initiative.

Sen. Brown Questions Whether Financial Regulators Are Prepared for Pandemic Impact

October 19, 2020

As the financial health of consumers deteriorates due to the pandemic, Senate Banking Committee ranking Democrat Sherrod Brown of Ohio said he is concerned that financial services regulators, including the National Credit Union Administration, are not prepared for a possible financial crisis.

CCUA Announces Board Election Results at Annual Meeting

October 18, 2020

The Cooperative Credit Union Association (CCUA) conducted its 2020 Annual Meeting last Friday, and announced the results of its Board of Director elections.

CCUA Commits to DEI

October 15, 2020

Ron McLean, President/CEO of the Cooperative Credit Union Association, announced yesterday that the CCUA Board unanimously voted to commit to change by joining The CU Diversity, Equity and Inclusion Collective. 

Two Nominations for CUNA Board Received; District Position Up for Election

October 13, 2020

Nominations are now being accepted for eight open director positions on CUNA’s Board of Directors. The deadline for nominations and seconds is Friday, November 6.

Final Corp. CU Rule, COVID Briefing on NCUA’s Oct. 15 Agenda

October 12, 2020

The NCUA board will receive a briefing on COVID-19 related cybersecurity concerns, among other items on the agenda for its Oct. 15 meeting.

Hauptman’s Nomination to NCUA Board Could Be Casualty of Supreme Court Battle

October 12, 2020

It’s increasingly unclear when — or even if — Kyle Hauptman will receive full Senate confirmation to the National Credit Union Administration board, according to The Credit Union Journal.

CFPB Extends Data Collection Cost Survey Deadline to Oct. 16

October 08, 2020

The Consumer Financial Protection Bureau (CFPB) announced an extension of the deadline for financial institutions to complete the Section 1071 One-Time Cost Survey through Oct. 16.

Make Our Collective Voice Heard at CUNA GAC

October 07, 2020

With 2021 shaping up to be the most consequential advocacy year in a generation, we have too much to fight for to sit this one out. Every year CUNA Governmental Affairs Conference (GAC) brings together thousands of credit union advocates to launch the credit union advocacy agenda.

Massachusetts Advocacy Committee Meeting Features Special Guest, Congressman Jim McGovern

October 06, 2020

The Massachusetts Advocacy Committee met yesterday by webinar for a regularly scheduled briefing on state and federal legislative and regulatory issues. 

NCUA Seeks Comments on Operating Fee and OTR

October 01, 2020

The National Credit Union Administration (“NCUA”) is seeking comments on a proposed rule to modify how it calculates a federal credit union’s “total assets” for purposes of determining the federal credit union annual operating fee.

CUNA’s Chief Advocacy Officer Ryan Donovan to Reveal the “2020 Advocacy Outlook and Beyond” at CCUA’s Annual Meeting and Convention

September 28, 2020

CUNA’s Chief Advocacy Officer Ryan Donovan will present a breakout session on Wednesday, October 14 from 10:30 a.m. – 11:15 a.m. during CCUA’s Annual Meeting and Convention.

CCUA Hosts Discussion with Congresswoman Kuster and Congressman Pappas

September 24, 2020

Yesterday, New Hampshire Congressman Chris Pappas joined the effort to help credit unions advocate for PPP loan forgiveness flexibility by becoming a co-sponsor of H. R. 7777, the Paycheck Protection Program Small Business Forgiveness Act.

CCUA DEI Panel Closes Day 2 of Annual Meeting & Convention on October 15

September 24, 2020

Samira Salem, CUNA’s first-ever vice president of diversity, equity and inclusion, was born into diversity as the first generation American of her family. In the 1960s, her dad from Egypt and her mom from Guatemala immigrated and settled in Southern California, where they met through mutual friends.

CCUA Joins Other NH Trade Associations and Groups to Urge Support for PPP Loan Forgiveness Legislation

September 23, 2020

The Cooperative Credit Union Association has joined with trade associations and groups representing businesses of all sizes serving consumers in the Granite State to urge support for legislation from the U.S. House of Representatives and Senate on loan forgiveness under the U.S. Small Business Administration’s Paycheck Protection Program (PPP).

Get Involved: Credit Unions Vote

September 23, 2020

With the 2020 election fast approaching, it is now easier than ever to safely vote absentee, early, or by mail. Encourage your members to vote!

FTC Requests Comments on Prescreen Opt-Out Notice Rule

September 21, 2020

The Federal Trade Commission has published [86 FR 59226] a notice of proposed rulemaking and request for public comment concerning its Prescreen Opt-Out Notice Rule.

Senate Committee Advances E-SIGN Modernization Bill

September 17, 2020

The Senate Commerce Committee voted Wednesday to advance the CUNA-supported E-SIGN Modernization Act. CUNA had written in support of the bill Tuesday, calling it an important update to 2000’s E-SIGN Act.

Summary of September NCUA Board Meeting

September 17, 2020

Board Briefing- NCUSIF- MERIT- CIP Exemption- Real Estate Appraisals

NCUA Seeks Comments on CECL Implementation

September 16, 2020

The National Credit Union Administration (“NCUA”) is seeking comments on a proposed rule to address changes to the U.S. generally accepted accounting principles (“GAAP”).

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