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MCUA Submits Comments on FRB's Reg CC Proposal


The Missouri Credit Union Association (MCUA) submitted a comment letter on May 2, 2014, on the Federal Reserve Board’s (Board) Regulation CC proposed rule. MCUA generally supports efforts to improve the check clearing process and to account for the shift toward full

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CUNA Urges Credit Unions to Weigh-in on RBC Proposal


The Credit Union National Association (CUNA) needs your help to make sure the National Credit Union Administration (NCUA) receives at least 1,000 comment letters on the risk-based capital (RBC) proposed rule. Commenting is easy, just click here for an automated letter-writing tool.

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MCUA Urges Credit Unions to Take Action on Heartbleed


Credit unions in Missouri are urged to take immediate action to address Heartbleed—a security flaw in OpenSSL software. This flaw may allow unauthorized access to passwords or other sensitive data on websites, email, online banking and network services. Initial estimates suggest nearly two-thirds of encrypted websites could be affected.

MCUA and iVia Exchange Services Reviewed

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Voice Concerns Over Risk-Based Capital Proposal with New Resource


Credit unions in Missouri are encouraged to take action and weigh in on the Risk-Based Capital proposal for credit unions with more than $50 million in assets.

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State Capitol Report - Nixon Calls Special Elections


Governor Nixon Calls Special Elections for Open House Seats

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NCUA Finalizes Rule on Derivatives


The National Credit Union Administration (NCUA) Board adopted a final rule last week to provide limited derivatives authority for federal credit unions to mitigate interest rate risk (IRR), which the Missouri Credit Union Association (MCUA) supported in its Comment Letter, dated

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CFPB and NCUA Adopt Supplemental Rule on Appraisals for "Higher-Priced Mortgage Loans"


The Consumer Financial Protection Bureau (CFPB), National Credit Union Administration (NCUA), and other federal financial regulators adopted a supplemental rule that amends Reg Z-changes made by a January 2013 final rule* regarding appraisals for “higher-priced mortgage loans” (HPML)— formerly referred to as “higher-risk mortgages.” For certain mortgages with an APR that exceeds the average prime of

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Missouri Events at the 2014 GAC / Hotel and Scholarship Deadline Approaching


The Missouri Credit Union Association (MCUA) is hosting several events for Missouri attendees during the Credit Union National Association's Governmental Affairs Conference (GAC) in Washington, D.C.

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2014 GAC Approaches, Missouri Room Block Filling Up


Don’t miss the chance to represent Missouri credit unions at the Governmental Affairs Conference (GAC) on February 23-27 in Washington, D.C. GAC is the national credit union advocacy event of the year. A limited number of rooms remain available in the Missouri block, so act quickly to secure a spot.

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