America’s Credit Unions Press Archives

EGRPRA comment letter

WASHINGTON, DC (March 23, 2016) — Dear Mr. Poliquin: The Credit Union National Association (CUNA) appreciates the opportunity to submit comments concerning the National Credit Union Administration’s (NCUA) Request for Comments on Regulatory Review pursuant to the Economic Growth and Regulatory Paperwork Reduction Act ...

CUNA applauds CFPB for implementing statutory change to TILA mortgage rules

WASHINGTON, DC (March 22, 2016) — The Credit Union National Association (CUNA) applauds the Consumer Financial Protection Bureau (CFPB) and Director Richard Cordray for today’s action to expand the ability for credit unions and other small creditors to provide much-needed services in rural communities ...

CFPB hearing follow up letter

WASHINGTON, DC (March 22, 2016) — Dear Director Cordray: On behalf of the Credit Union National Association (CUNA), I am writing to address statements made to the House of Representatives Financial Services Committee during the March 16, 2016, hearing entitled, “The Semi-Annual Report of the ...

CUNA letter of support for the “Home Mortgage Disclosure Adjustment Act”

WASHINGTON, DC (March 22, 2016) — The Honorable Tom Emmer House of Representatives Washington, DC 20515 Dear Representative Emmer: On behalf of the Credit Union National Association (CUNA), I am writing in support of your legislation, the “Home Mortgage Disclosure Adjustment Act.” CUNA represents America’...

CUNA membership approves bylaws by overwhelming margin

WASHINGTON, DC (March 19, 2016) — The membership of the Credit Union National Association (CUNA) has overwhelmingly voted to modernize the association’s bylaws. This historic change creates a new, open membership model for CUNA and empowers the board of directors to maintain a fair ...

NEWS from CUNA: Joint letter with ICBA to FASB on CECL

WASHINGTON, DC (March 17, 2016) — Mr. Russell G. Golden Chairman Financial Accounting Standards Board 401 Merritt 7 Norwalk, CT 06856-5116 Re: Allowance for Loan Losses and the Current Expected Credit Loss Model Dear Mr. Golden: Our associations represent the key institutions that drive economic ...

CUNA’s Nussle commends Matz for leading NCUA

WASHINGTON, DC (March 9, 2016) — National Credit Union Administration Chair Debbie Matz will step down at the end of April, the agency announced today. Matz, who has led the agency since August 2009, submitted her letter of resignation to President Barack Obama this morning. ...

Texas Court upholds law to prohibit merchant surcharges

WASHINGTON, DC (March 2, 2016) — The U.S. Court of Appeals for the Fifth Circuit upheld a Texas state law that prohibits merchants from imposing a surcharge on a buyer who uses a credit card. "This is a great win for credit unions, and ...

Alex Sheen to keynote at 2016 America’s Credit Union Conference

WASHINGTON, DC (March 2, 2016) — Alex Sheen, founder of the non-profit organization and social movementbecause I said I would, will deliver the keynote address at America’s Credit Union Conference (ACUC), to be held June 26-29, 2016 in Seattle. Founded in 2012 and inspired ...

CFPB Director Cordray’s speech at the 2016 CUNA GAC

WASHINGTON, DC (February 23, 2016) — Consumer Financial Protection Bureau (CFPB) Director Richard Cordray spoke to nearly 5,000 attendees at the Credit Union National Association’s Governmental Affairs Conference (CUNA GAC) today. Following his speech, CUNA president/CEO Jim Nussle issued a statement: “The ...

2016 CUNA Government Affairs Conference schedule

WASHINGTON, DC (February 22, 2016) — Nearly 5,000 credit union advocates are in Washington for the Credit Union National Association’s (CUNA) Governmental Affairs Conference, taking place now through February 24 at the Washington Convention Center. Keynote speakers include Lisa Bodell, Ted Koppel and ...