Also, CUNA’s Ryan Donovan shares a recap of 2016’s 360-degree advocacy victories and charts a path forward.
Nearly 300 credit unions logged in for CUNA’s first Membership Webinar last week and got a preview of a bombshell study showing the cost of the regulatory burden is $6.6 billion.
Answering the call to advocacy engagement, Oregon credit union advocates showed the Senator’s staff the impact regulatory burden has on their members’ ability to get the services they need.
The NWCUA and CUNA point out the rule’s detrimental impact—especially on small credit unions—despite certain concessions.
CUNA is recruiting 150 credit unions to take part in a landmark study on the rising costs of unnecessary regulatory burden, the results of which will be powerful tools to advocate for regulatory relief.
CUNA is conducting the first-ever comprehensive study on the costs to credit unions of unnecessary regulatory burden. Northwest credit unions are invited to join the study, beginning with a webinar on July 15.
Senate Banking Committee requested true stories of how regulations impact credit unions’ ability to serve their members.
The Filene Research Institute is gathering information about the impact of the regulatory burden on credit unions. The survey will help to identify the most burdensome regulations and the time credit unions spend in compliance.
Credit unions leveraged a rare opportunity to share details about the regulatory burden during a Congressional hearing yesterday. The hearing sets the stage for a regulatory relief bill.
The Department of Housing and Urban Development has issued a final rule to formalize a national standard for determining whether a housing practice violates the Fair Housing Act as the result of a discriminatory effect.
The NCUA’s Buddy Gill will be on hand at the upcoming Volunteers’ Conference to discuss the NCUA’s role in credit union regulation. “We’re wide open,” he said. “This is the time to make suggestions.”
The weekly Regulatory Advocacy Update outlines the NWCUA’s efforts to reduce the regulatory burden on credit unions and protect the larger movement. Included here are updates on new NCUA proposals and the CFPB.
The NWCUA’s Regulatory Advocacy team works with state and federal regulators to help reduce the regulatory burden on credit unions and protect the credit union movement. Included here is an update on a recent HUD proposal.
CUNA urges the Consumer Financial Protection Bureau to ease the regulatory burden on credit unions.
The NWCUA launches new online regulatory resource to make it easy to give feedback.
Comments are open on Automated Clearing House risk management and regulations that come under the CFPB.
Since January 2009, thousands of pages of regulations and rules have been issued by various agencies, including the Federal Reserve and NCUA, that credit unions must comply with.
CUNA President & CEO Bill Cheney told a House subcommittee on Wednesday that credit unions face a crushing “crisis of creeping complexity” under a steady accumulation of regulatory requirements.