Advocacy

McLean Submits Comment Letter to NCUA on RBNW COVID 19 Regulatory Relief

March 25, 2021

Cooperative Credit Union Association President/CEO, Ron McLean has submitted a timely comment letter to the National Credit Union Administration Board (“NCUA”) on  its proposed rule relative to Risk-Based Net Worth, COVID-19 Regulatory Relief (“proposed rule”). The comment letter is based on responses to the Association’s member survey together with individual comments received.


NCUA Board Meeting Summary- March 18, 2021

March 18, 2021

At their March Board Meeting, the NCUA adopted interim final rules to update its regulations regarding the temporary changes to the CLF initially made by the CARES Act, and to permit federally insured credit unions to use asset data as of March 31, 2020, in order to determine the applicability of certain regulatory asset thresholds during calendar years 2021 and 2022. Additionally, the Board was briefed on the NGN and AME Programs.


Rhode Island Legislative Update

March 09, 2021

The Association remains active before the Rhode Island General Assembly, and is currently monitoring approximately 20 bills impactful to credit unions and their operations.


MA CUs Meet with MA Congressman Jake Auchincloss

March 08, 2021

Massachusetts credit unions met with the newest member of the Congressional Delegation representing the 4th Congressional District, Congressman Jake Auchincloss, to discuss credit union priorities and to hear the perspective of the Congressman on his first weeks in office


McLean Highlights Advocacy Priorities During Member Federal Issues Briefing

March 01, 2021

Cooperative Credit Union Association (Association) President/CEO Ron McLean hosted a special Member Federal Issues Briefing yesterday in preparation for the 2021 CUNA Governmental Affairs Conference this week, providing an ideal opportunity for members seeking insight into key federal legislative and regulatory advocacy issues important to credit unions in 2021.


Summary of NCUA’s February Board Meeting

February 19, 2021

Yesterday’s NCUA Board Meeting, the first to be led by Chairman Todd Harper, included a final rule on the joint ownership of share accounts, along with briefings on the Emergency Capital Investment Program (ECIP) that was established by the Consolidated Appropriations Act and the Share Insurance Fund Quarterly Report.


Second in Series for Credit Union Governmental Affairs Day featuring RI Department of Business Regulation

February 18, 2021

The Cooperative Credit Union Association hosted the second meeting of the 2021 Rhode Island Governmental Affairs Virtual Meeting Series featuring Elizabeth Kelleher Dwyer, Deputy Director of Financial Services, Sara Paterson Cabral, State Chief Bank Examiner, and Melanie Aragao, Assistant Supervisor of Examinations from the Department of Business Regulation – Banking Division.


McLean Submits Comment Letter to NCUA on Overdraft Policy Requirements

February 16, 2021

Cooperative Credit Union Association President/CEO Ron McLean has submitted a timely comment letter to the National Credit Union Administration Board (“NCUA”) on a proposal important to credit unions relative to overdraft policy requirements.


McLean Submits Comment Letter to NCUA on FOM Shared Facilities Requirements

February 10, 2021

Cooperative Credit Union Association President/CEO Ron McLean has submitted a timely comment letter to the National Credit Union Administration Board (“NCUA”) on a proposal important to credit unions relative to relative to chartering and field of membership shared facility requirements.


McLean Submits Comment Letters to NCUA on Mortgage Servicing Rights and Capitalization of Interest

February 03, 2021

Cooperative Credit Union Association President/CEO Ron McLean has submitted timely comment letters to the National Credit Union Administration Board (“NCUA”) on a number of proposals important to credit unions relative to mortgage servicing rights (“MSRs”), as well as the capitalization of interest in connection with loan workouts and modifications. The substance of the comment letters were based on responses to the Association’s survey and direct outreach soliciting member views on the provisions of the proposed rules.


Massachusetts Division of Banks 2021 Annual Meeting Guidance

January 21, 2021

The Massachusetts Division of Banks has released updated 2021 guidance for state-chartered credit unions on continuing supervisory expectations relative to annual meeting requirements in light of the COVID-19 pandemic. The new 2021 guidance supplements the June 2020 Guidance for any credit unions that have not yet held their 2020 annual meeting and clarifies the Division’s expectations for 2021 annual meetings.


Massachusetts Division of Banks Appoints Deputy Commissioner and General Counsel

January 20, 2021

Barbara E. Keefe was appointed Deputy Commissioner and General Counsel on January 19, 2021.  Ms. Keefe joined the Division of Banks from a two-decade career at State Street Bank and Trust Company where she cultivated significant financial industry, regulatory, and legal experience most recently in her capacity as Managing Director and Managing Counsel in the U.S. Bank Regulatory Legal Group.


NCUA Board Meeting Summary

January 14, 2021

The National Credit Union Administration held a Board meeting on a number of proposed and final rules as well as received briefings on the ACCESS (Advancing Communities through Credit, Education, Stability & Support) Initiative and Consolidated Appropriations Act.


McLean Hosts “A Dialogue with NCUA Chairman Rodney Hood”

January 13, 2021

Cooperative Credit Union Association President/CEO Ron McLean hosted a virtual meeting yesterday with NCUA Chairman Rodney Hood, along with credit union leaders from throughout the region.


The 151st Delaware General Assembly Begins its 2021 Session

January 11, 2021

Although Legislative Hall remains closed to the public until further notice, Delaware legislators will start the new session virtually January 12th.


Massachusetts End of 2019-2020 Legislative Session Highlights

January 07, 2021

In an eventful final night of the 2019-2020 legislative session, a number of actions were taken on items important to both Massachusetts state and federally-chartered credit unions. Leadership and members of both the House and Senate deliberated through the night and well into the early morning to pass the Association’s priority legislation, the credit union modernization bill, and legislation on the Massachusetts Credit Union Share Insurance Corporation, as well as multiple gubernatorial overrides to the state’s budget, economic development legislation, and more.


McLean Submits Comment Letter to NCUA on Supervisory Guidance

January 04, 2021

Cooperative Credit Union Association President/CEO Ron McLean has submitted a timely comment letter to the National Credit Union Administration Board (“NCUA”) on its proposed rule relative to the role of supervisory guidance.


McLean Submits Comments to NCUA on Proposed Derivatives Rule

December 28, 2020

Cooperative Credit Union Association President/CEO Ron McLean has submitted a timely comment letter to the National Credit Union Administration Board (“NCUA”) on its proposed rule regarding derivatives.


Deadlines Extended on Two Important CCUA Advocacy Surveys

December 22, 2020

The deadlines to provide your input regarding the role of supervisory guidance and derivatives have been extended. 


Sarah Canepa Bang Appointed Senior Advisor to Vice Chairman Hauptman

December 22, 2020

National Credit Union Administration Vice Chairman Kyle S. Hauptman announced the appointment of Sarah Canepa Bang as his Senior Advisor.


Page 1 of 64 pages  1 2 3 >  Last ›

« RETURN TO ALL NEWS