Cheney FCU marked a milestone this month—its 65th anniversary. The Washington credit union treated members to popcorn in the branch for the celebration.
A national search for a new president and CEO of the Credit Union National Association will be launched immediately, the association’s chairman said Wednesday, to find a successor to Bill Cheney, who is returning to California in June to be president and CEO of SchoolsFirst Federal Credit Union in Santa Ana.
CUNA and Credit Unions for Kids celebrate a fundraising milestone: In 2013, credit unions raised $10 million for their charity of choice and the Children’s Miracle Network Hospitals.
It’s the first full day of the 2014 Governmental Affairs Conference in Washington, D.C., where more than 4,400 credit union advocates – including 225 from the Northwest – have gathered to spread the credit union message and address key issues facing the movement.
National and regional advocacy leaders are urging credit unions to make plans now for the next “Don’t Tax My Credit Union!” campaign as Congress prepares to focus its attention—perhaps as soon as this week—on tax reform.
Amendments to CFPB Mortgage-Lending Rules Released; CUNA Survey Seeks Credit Unions’ Input on the Compliance Burden
New amendments to the Consumer Financial Protection Bureau’s mortgage-lending rules were released on Friday, adding to concerns about the ability of financial institutions to meet the bureau’s January 2014 deadline for implementation.
Credit unions and their supporters welcomed Congress back from recess Tuesday with more than 5,000 Tweets and Facebook posts—more than double the number of “Don’t Tax My Credit Union” messages sent during the first “Don’t Tax Tuesday” event in July.
Attendees to the NWCUA/CUES Executive Summit got a front row seat to see behind the scenes work CUNA is doing to preserve the tax status and to reduce the regulatory burden.
CUNA President/CEO Bill Cheney will share an executive dialogue with attendees to the NWCUA/CUES Executive Summit in Sunriver July 24-26. In an interactive, 90-minute discussion, Cheney will answer questions about the regulatory burden and pending legislation, as well as listen to credit union executives’ concerns.
Thousands of American credit union advocates rallied around a “Don’t Tax My Credit Union” call to action Wednesday, dialing in or logging onto a webinar hosted by the Credit Union National Association. CUNA called on credit unions to engage millions of members to contact Congress immediately.
The CUNA GAC got off to an inspired start in Washington Monday, starting with President and CEO Bill Cheney’s call to credit unions to “Unite for Good” and ending with a gala celebration of credit union excellence at the Herb Wegner Memorial Awards dinner, emceed by the NWCUA’s Denise Gabel.
Calling on credit unions to “unite for good,” CUNA President and CEO Bill Cheney revealed a vision of shared values for the credit union industry.
CUNA President and CEO Bill Cheney released a video this morning encouraging credit unions to take immediate action in support of MBL legislation in the Senate. Banks have issued a similar call and will have a delegation in D.C. during CUNA’s MBL Hike later this month.
Anticipating a lame-duck Senate vote on legislation to increase the MBL cap, CUNA has called for a national fly-in the week after Thanksgiving to make a timely push with legislators. According to Bill Cheney, “This is likely our last chance to really make an impact on this legislation for this Congress.”
At its open board meeting this morning, the NCUA announced that federally insured credit unions will owe 9.5 basis points to fund the 2012 Temporary Corporate Credit Union Stabilization Fund.
Visa, MasterCard and several big banks reached a $7.2 billion antitrust settlement with a large group of merchants regarding interchange fees. The settlement will cost Northwest credit unions between $2.5 and $3.5 million in fee income.
Credit unions have been engaged in a long-term advocacy campaign ever since Sen. Harry Reid promised a floor vote for the credit union MBL bill in March. The bill remains on the Senate calendar and could therefore be called to the floor at any time.
Rep. Barney Frank, D-Mass., announced Monday that he would not seek reelection next November. One of the key architects of the Dodd-Frank Financial Regulatory Reform Act, Frank was â€œa friend to credit unions,â€ according to CUNA President/CEO Bill Cheney.