In its July Board meeting, NCUA proposed a distribution of $600-800 million, estimated $5.8 million in savings during its budget review, and announced plans to consolidate regional offices.
Last week, Tim Mislansky testified before the Senate Banking Committee on behalf of America’s credit unions… CUNA submitted comments on the DoL’s Fiduciary Rule… House Republicans introduced a resolution to stop the CFPB’s arbitration rule… CUNA supported S. 1579 to codify the Credit Union Advisory Council… CUNA attended the NCUA’s July Board meeting… We’ll discuss all of this and more in this week’s CUNA Advocacy Update!
The Board will review the budget, issue a request for comments on closing the Temporary Corporate Stabilization Fund, and propose a rule regarding Share Insurance Fund equity distributions.
Due to the holiday, both the House and Senate are out on recess this week, but will be back in the swing of things next week. The Senate did not act on the Republican’s health care bill, but is expected to do so in the coming weeks. Last week, CUNA’s witness testified before a House Financial Services Subcommittee… CUNA continues efforts to fund CDFI & CDRLF… CUNA participated at the SBA Office of Advocacy’s Roundtable… CUNA and WOCCU Sent a letter to the Appropriations Committee… We’ll discuss all of this and more in this week’s Advocacy Update!
In NCUA’s recently released economic report, Oregon leads the way in several key categories. Read on for executives’ insight on their credit unions’ growth.
Understand how the rate increase applies to your specific location.
The House and Senate are in session this week but will be out next week for the 4th of July holiday… Last week, CUNA sent joint trade letters to both the DoD and the Appropriations Committees… CUNA sent letters urging support for CDFI Funding… CUNA attended NCUA’s June board meeting… On Wednesday, Faith Anderson, will testify before House Financial Services Subcommittee on behalf of CUNA….and CUNA is at the SBA Office of Advocacy today to discuss CFPB rules… We’ll discuss all of this and more in this week’s Advocacy Update.
Here’s what your credit union can achieve with the funding, what to expect when you apply, and how your Association can help you through the application process.
Idaho, Oregon, and Washington credit unions demonstrated outstanding performance across the board in quarterly review of financial health.
Here are a few examples to clarify the new distinction between commercial loans and member business loans.
The House and Senate will be in session for the next two weeks, prior to their 4th of July Recess… Last week, CUNA Examined the Treasury’s Report on “A Financial System that Creates Economic Opportunities”… CUNA Thanks Senators for HMDA Legislation… House Judiciary held a hearing on TCPA Lawsuit Abuse… CUNA urges support for CDRLF … We’ll discuss all of this and more in this week’s… CUNA Advocacy Update!
Advisory focuses on two options to confront appraiser shortages; FinCEN makes changes to Currency Transaction Report.
The House looks to consider the Financial CHOICE Act when Congress returns from recess next week… NCUA tells CFPB to exempt credit unions from certain rules…CUNA comments on HMDA and sends a joint trade letter to the CFPB… CUNA attends the PHH v. CFPB Oral Arguments, the NCUA’s May Board Meeting and Treasury’s Financial Literary Education Commission meeting… The President’s FY2018 budget has been released… We’ll discuss all of this and more in this week’s… CUNA Advocacy Update!
Here’s what you need to know about the three proposed rules recently released for comment.
The House is back in town but the CHOICE Act isn’t on the calendar… several Leagues have been successful in advancing credit union priorities in state capitols… CUNA and supporters in Congress urge NCUA to advance alternative capital rulemaking… DCUC joins CUNA in letter on the MLA to DoD… and CUNA weighs in on housing finance reform with Senate Banking Committee…
We’ll discuss all of this and more in this week’s… CUNA Advocacy Update!
New recommended action items for same-day ACH debit processing.
Five things compliance teams need to know about the rule before it takes effect.
Idaho, Oregon, and Washington credit unions saw strong performance in key areas such as loan, asset, and deposit growth.