America’s Credit Unions Press Archives

Hensarling, Moore, Capito weigh in on NCUA RBC Proposal

(June 20 ,2014) -- House Financial Services Committee Chairman Jeb Hensarling (R-Texas) and Rep. Shelley Moore Capito (R-W.Va.), Chairman of the House Financial Services subcommittee on financial institutions and consumer credit, joined forces today in a letter to the National Credit Union (NCUA) Administration ...

Statement from CUNA: McWatters confirmed by Senate

Tax Law Veteran, Educator Gets Nod For NCUA Seat (June 19, 2014) -- J. Mark McWatters, tapped by President Obama as a Member of the Board of the National Credit Union Administration (NCUA), has been confirmed by the United Senate today. Following today’s vote, ...

CUNA supports NCUA’s cases against issuers of mortgage-backed securities

(June 16, 2014) -- Today, the U.S. Supreme Court vacated and remanded for further consideration a Tenth Circuit Court of Appeals ruling that allowed NCUA to sue a group of banks for allegedly deceiving investors, including failed corporate credit unions, about mortgage-backed securities.  CUNA’...

CUNA urges Senate to schedule McWatters NCUA nomination

Critical Senate take action as agency starts process of finalizing key rule (June 12, 2014) -- Today, the Credit Union National Association (CUNA) sent a letter to Senate Majority Leader Harry Reid (D-Nevada) and Minority Leader Mitch McConnell (R-Kent.) urging the senators to schedule the ...

CUNA’s Mike Schenk named Interim Chief Economist effective immediately

(June 11, 2014) -- Mike Schenk has been named interim chief economist of the Credit Union National Association (CUNA), effective immediately. Bill Hampel, who normally serves as senior vice president of research and policy analysis and chief economist of CUNA, is currently interim president and ...

Six CUNA backed bills pass House Financial Services Committee

(June 11, 2014) -- The House Financial Services Committee held a markup on several bills relating to the structure and reach of the Consumer Financial Protection Bureau (CFPB).  The Credit Union National Association (CUNA) is a strong supporter of several of these bills, including the ...

CUNA-backed bills pass House Financial Services Committee

(June 11, 2014) -- Today, the House Financial Services Committee held a markup on several bills relating to the structure and reach of the Consumer Financial Protection Bureau (CFPB).  The Credit Union National Association (CUNA) is a strong supporter of several of these bills, including ...

CUNA applauds passage of Mortgage Choice Act

(June 9, 2014) -- Today, the United States House of Representatives passed H.R. 3211, Mortgage Choice Act of 2013. The bill would amend the Truth in Lending Act to improve upon the definitions provided for points and fees in connection with a mortgage transaction. ...

Register today for CUNA’s 2014 America’s Credit Union Conference

(June 9, 2014) -- Credit Union National Association’s (CUNA) 2014 America’s Credit Union Conference is packed with the nation’s top leadership visionaries to help equip credit union leaders to make positive and lasting change at their credit unions. The conference is taking ...

CUNA supports several bills for Tuesday’s HFSC markup

(June 9, 2014) -- The House Financial Services Committee will mark up legislation Tuesday aimed at bringing accountability and transparency to the Consumer Financial Protection Bureau. CUNA sent Committee Chairman Hensarling (R-Texas) and Ranking Member Waters (D-Calif.) a letter of support for several bills, including: ...