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MCUA Comments on CFPB Telephone Survey Regarding Dispute Resolution Provisions

Aug
12

On August 6, 2013, the Missouri Credit Union Association (MCUA) filed a comment letter on the Consumer Financial Protection Bureau's (CFPB) request for approval by the Office of Management and Budget (OMB) for the CFPB to conduct a telephone survey.

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Posted By Sharon Bahr read more

MCUA Sends NCUA Regulatory Review Comment Letter

Aug
06

The Missouri Credit Union Association (MCUA) sent the National Credit Union Administration (NCUA) a comment letter on Aug. 5, 2013 detailing changes to regulations that NCUA has under review for 2013. NCUA annually reviews one-third of the agency’s regulations, resulting in all of the agency’s regulations being reviewed every three years.

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MCUA & DCUC Submit Comments to DoD

Aug
05

Late last week, the Missouri Credit Union Association (MCUA)  and the Defense Credit Union Council (DCUC) filed a comment letter with the Department of Defense (DoD) on the DoD’s advanced notice of proposed rulemaking regarding enhancement of the protect

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CFPB Issues New Clarifications to Mortgage Rules

Jul
16

Last week, the Consumer Financial Protection Bureau​ (CFPB) finalized corrections, clarifications, and amendments to its Ability-to-Repay and mortgage servicing rules.

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MCUA Files Letter with the FASB—Credit Loss Proposal Will Hurt Credit Unions

Jun
03

The Missouri Credit Union Association (MCUA) strongly opposes a proposal to change the methodology for recognizing and reporting credit impairment.  In a comment letter filed last week, MCUA urged the Financial Accounting Standards Board (FASB) not to proceed with its proposed accounting standards update.

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National Call to Action In Effect to Protect Credit Union Tax Status

May
15

It’s time for credit unions in Missouri to take part in a national effort to protect the credit union tax status. Together with the Credit Union National Association (CUNA), the Missouri Credit Union Association (MCUA) is asking all credit unions in Missouri to unite and take action to preserve the credit union tax status.

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Posted By Nora Holloway read more

Missouri Hike the Hill Comes at Important Time

May
14

At a point when tax reform and regulatory relief are being discussed in Congress, the Missouri Credit Union Association (MCUA) is preparing for a Hike the Hill in May.  Credit union leaders from Missouri will head to Washington, D.C. to talk with U.S. Senators and Representatives on May 22-23.

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Credit Union Bill Voted Out of Senate Committee

Apr
30

HB 478, a bill modernizing the Missouri Credit Union Statute dealing with joint accounts, took another step forward this week. After credit union representatives made calls to Committee Chairman Jay Wasson (R-District 20) and Senate President Pro Tem Tom Dempsey (R-District 23) urging action, the bill was reported out of the Senate Financial Committee and placed on the Senate calendar during the late night hours on April 29.

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Posted By Sharon Bahr read more

MCUA Supports Changes to SBA's 504 and 7(a) Loan Programs

Apr
29

Last Friday, April 26, 2013, the Missouri Credit Union Association filed a comment letter with the Small Business Administration (SBA) in support of proposed changes to the agency’s 504 and 7(a) Loan Programs.

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Posted By Sharon Bahr read more

MCUA Comments to NIST on "Critical Infrastructure" Cybersecurity Framework

Apr
15

Last week, the Missouri Credit Union Association (MCUA) submitted a comment letter to the National Institute of Standards and Technology (NIST), highlighting that credit unions and financial institutions are already subject to robust data security requirements and standards, and should not be subject to

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