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Credit Union National Association News Now Headlines
Updated: 48 min 11 sec ago

CUNA-backed MBL bill reintroduced to raise cap to 275%

7 hours 49 min ago
CUNA welcomed the reintroduction Monday of a bill that would raise the cap on credit union member business lending to 27.5% of assets.2015-03-03T00:00:00-06:002015-03-03T11:01:01Z
Categories: Credit Union News

Bill to codify CU Advisory Council, create small biz panel is introduced

7 hours 49 min ago
A House bill was reintroduced Monday that would both establish a Small Business Advisory Board to the Consumer Financial Protection Bureau, as well as codify the bureau's existing credit union and community bank advisory councils.2015-03-03T00:00:00-06:002015-03-03T11:01:01Z
Categories: Credit Union News

2014 CU loan growth reached a 9-year high: NCUA 4Q numbers

7 hours 49 min ago
Loan growth at federally insured credit unions climbed last year to the highest level since 2005, according to fourth quarter data released by the National Credit Union Administration Monday.2015-03-03T00:00:00-06:002015-03-03T11:01:01Z
Categories: Credit Union News

On CUNA's radar: CFPB report to Congress, cybersecurity

7 hours 49 min ago
Consumer Financial Protection Bureau Director Richard Cordray will deliver the bureau's sixth semiannual report to the U.S. House Financial Services Committee today, one of several hearings CUNA will be paying close attention to this week.2015-03-03T00:00:00-06:002015-03-03T11:01:01Z
Categories: Credit Union News

FASB credit-losses proposal most-read Feb News Now article

7 hours 49 min ago
An article reporting that the Financial Accounting Standards Board proposal regarding credit losses would likely "have a significant, detrimental impact on a number of credit unions and their members" was the most-read News Now article in February.2015-03-03T00:00:00-06:002015-03-03T11:01:01Z
Categories: Credit Union News

League-backed PLS, ATM bills become law with stroke of Va gov's pen

7 hours 49 min ago
Virginia Gov. Terry McAuliffe last week signed into law two pieces of legislation backed by the Virginia Credit Union League, including one that would allow credit unions to offer prize-linked savings accounts.2015-03-03T00:00:00-06:002015-03-03T11:01:01Z
Categories: Credit Union News

Cornerstone in 2014: $9K in savings per member

7 hours 49 min ago
Consumers from Texas, Oklahoma and Arkansas who picked credit unions over banks to manage their finances last year made the right choice, according to recent numbers from the Cornerstone Credit Union League.2015-03-03T00:00:00-06:002015-03-03T11:01:01Z
Categories: Credit Union News

Ihrig named new chief compliance officer at CUNA, Thompson retires after 35 years

7 hours 49 min ago
Jonathan "Jared" Ihrig has been promoted to chief compliance officer for CUNA. Effective immediately, Ihrig will manage staff to provide compliance information to leagues and credit unions, as well as provide assistance to CUNA's advocacy department in assessing the impact of federal legislation on credit union operations.2015-03-03T00:00:00-06:002015-03-03T11:01:01Z
Categories: Credit Union News

NEW: CUNA-backed bill to raise MBL cap introduced

11 hours 49 min ago
WASHINGTON (3/2/15 UPDATED 1:15 p.m. ET)--CUNA welcomes the reintroduction today of a bill that would raise the cap on credit union member business lending (MBL) to 27.5% of assets.2015-03-02T00:00:00-06:002015-03-03T07:00:20Z
Categories: Credit Union News

GAC countdown: Treasury's Gerety, CFPB's Martinez invited to join power-packed lineup

Mon, 03/02/2015 - 8:57am
With CUNA's Governmental Affairs Conference set to kick off in less than a week, two key federal policymakers have been added to a lineup that already features a number of high-profile regulatory and legislative policymakers.2015-03-02T00:00:00-06:002015-03-02T14:57:35Z
Categories: Credit Union News

GAC countdown: Treasury's Gerety, CFPB's Martinez join power-packed lineup

Mon, 03/02/2015 - 4:57am
With CUNA's Governmental Affairs Conference set to kick off in less than a week, two key federal policymakers have been added to a lineup that already features a number of high-profile regulatory and legislative policymakers.2015-03-02T00:00:00-06:002015-03-02T10:57:14Z
Categories: Credit Union News

New bill highlights support in Congress for NCUA budget transparency

Mon, 03/02/2015 - 4:57am
Rep. Mick Mulvaney (R-Fla.) wants the U.S. Government Accountability Office to study the National Credit Union Administration's budgeting practices and identify ways the agency can increase the transparency of its process to its regulated credit unions, the U.S. Congress, and the public in general. It is a goal strongly advocated by CUNA and the trade association has worked steadily toward that end since the NCUA ceased its budget-hearing process in 2009.2015-03-02T00:00:00-06:002015-03-02T10:57:14Z
Categories: Credit Union News

CUNA backs Miller bill to ease vets' access to CU biz loans

Mon, 03/02/2015 - 4:57am
A bill that would exempt business loans to veterans from credit unions' statutory cap was introduced Friday by Rep. Jeff Miller (R-Fla.) and has CUNA's support.2015-03-02T00:00:00-06:002015-03-02T10:57:14Z
Categories: Credit Union News

Nussle, Cummins share CU difference with Minn biz journal

Mon, 03/02/2015 - 4:57am
The Minnesota Business Journal received an education in the credit union difference recently, as Jim Nussle, CUNA president/CEO, and Mark Cummins, president/CEO of the Minnesota Credit Union Network, sat down with the publication to talk data breaches, legislative priorities and credit union growth.2015-03-02T00:00:00-06:002015-03-02T10:57:14Z
Categories: Credit Union News

Pew: Americans' optimism tempered by fin insecurity

Mon, 03/02/2015 - 4:57am
U.S. consumers feel better about their day-to-day finances and the economy than they have in years, but Jane and Joe Average are still not getting ahead, according to a survey conducted by The Pew Charitable Trusts.2015-03-02T00:00:00-06:002015-03-02T10:57:14Z
Categories: Credit Union News

Consumer Protection Week aligns with CU model: Nussle

Mon, 03/02/2015 - 4:57am
Credit unions welcome the designation of March 1-7 as National Consumer Protection Week as a way to highlight resources available to help consumers manage their money, handle credit and debt, stay safe online and avoid identity theft, said CUNA President/CEO Jim Nussle.2015-03-02T00:00:00-06:002015-03-02T10:57:14Z
Categories: Credit Union News

CUNA recommends CU candidates for CFPB advisory groups

Mon, 03/02/2015 - 4:57am
CUNA noted in a letter Friday that credit union representation at the Consumer Financial Protection Bureau through membership on its advisory boards is key to ensuring the unique perspective of credit unions is not only heard, but also taken into consideration as a part of any and all rulemakings affecting credit unions.2015-03-02T00:00:00-06:002015-03-02T10:57:14Z
Categories: Credit Union News

Bankrate highlights CU affordability vs banks: 'No surprise,' says Nussle

Fri, 02/27/2015 - 4:39am
Credit unions continue to offer free checking accounts to their members at a high rate, while more and more banks continue to charge for them, according to a recent report from Bankrate.com . CUNA President/CEO Jim Nussle says that with their lower fees and better rates, more and more Americans are discovering that credit unions are their best financial partner.2015-02-27T00:00:00-06:002015-02-27T10:39:38Z
Categories: Credit Union News

Tweets tell savings story during NCUA Twitter chat

Fri, 02/27/2015 - 4:39am
Credit unions and their members shared tips for building up savings in a Twitter chat Thursday held as part of America Saves and Military Saves Week.2015-02-27T00:00:00-06:002015-02-27T10:39:38Z
Categories: Credit Union News

CUNA: Cyberthreat center could be helpful, more needed to address CUs' concerns

Fri, 02/27/2015 - 4:39am
While CUNA supports the concept of information sharing as a key component to combating cyberthreats, a new White House initiative does not go far enough in addressing cybersecurity issues for credit unions.2015-02-27T00:00:00-06:002015-02-27T10:39:38Z
Categories: Credit Union News

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