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MCUA’s Comment Letter Voices RBC2 Concerns

Apr
27
MCUA’s Comment Letter Voices RBC2 Concerns

On behalf of Missouri’s credit unions, the Missouri Credit Union Association (MCUA) submitted a five-page comment letter outlining several areas of concern with the National Credit Union Administration’s (NCUA) revised risk-based capital proposal (RBC2). The comment period closed on April 27. 

Posted By Nora Holloway read more

Take Part in Data Breach Call to Action

Apr
27
Take Part in Data Breach Call to Action

Credit union advocates in Missouri have an opportunity to emphasize the need for action on data security following the introduction of S. 961, the Data Security Act of 2015, by Missouri U.S. Senator Roy Blunt (R).

Posted By Nora Holloway read more

TNC Bill Amended, MCUA Secures Notification Requirements

Apr
23

The Missouri House made significant changes this week to HB 781, a bill intended to provide a statewide regulatory framework for transportation network companies (TNC) and their drivers.

Posted By dkent read more

Missouri's Credit Unions Represented in Class-Action Litigation Against Home Depot

Apr
21
Missouri's Credit Unions Represented in Class-Action Litigation Against Home Depot

Missouri is one of 25 states already represented in a nationwide class-action lawsuit against The Home Depot, Inc. in connection with the retailer's 2014 data security breach.

A Missouri credit union has joined in the litigation as a named plaintiff. As a result, all Missouri financial institutions, including credit unions, are represented in the lawsuit.  

Posted By Amy McLard read more

MMPA Reform Bill Heard in Senate Committee

Apr
16
MMPA Reform Bill Heard in Senate Committee

Lawmakers heard testimony about a bill aimed at reforming the Missouri Merchandising Practices Act (MMPA) this week.  SB 487 is different from the credit union supported bill, 

Posted By dkent read more

Five Weeks to Go: Robbery Penalty Bill Heads to Missouri Senate

Apr
10
Five Weeks to Go: Robbery Penalty Bill Heads to Missouri Senate

With only five weeks left in the Missouri state legislative session (a total of 21 working days), bills are starting to move quickly through the legislative process.  This includes a number of bills supported by the Missouri Credit Union Association (MCUA) that are moving forward.  

Posted By dkent read more

RBC2 Comment Letters Needed - Due April 27

Apr
05
RBC2 Comment Letters Needed - Due April 27

Missouri credit unions have less than three weeks to submit their comment letters regarding the revised National Credit Union Administration (NCUA) Risk-Based Capital proposal (RBC2).  Comments are due on April 27. 

Posted By Halley Hayden read more

Hike the Hill to Include CFPB Meeting – Make Your Reservations Now

Apr
04
Hike the Hill to Include CFPB Meeting – Make Your Reservations Now

Make your reservations today to join credit union staff and volunteers for Missouri Hike the Hill in Washington, D.C. on June 8-10!  The Missouri Credit Union Association (MCUA) is planning the event to include a legislative briefing, Hill visits with federal lawmakers and their staff, and a meeting with the Consumer Financial Protection Bureau (CFPB).

Posted By Amy McLard read more

Movement on MCUA-Supported Bills Following Legislative Spring Break

Apr
03

A bill aimed to protect lien holders and drivers of personal vehicles used with a transportation network company (TNC) was voted out of the House Select Insurance Committee on April 2.  TNC companies include Uber and Lyft.  HB 781 requires TNC dr

Posted By dkent read more

MCUA Weighs In on CFPB's Safe Student Banking Initiative

Apr
02
MCUA Weighs In on CFPB's Safe Student Banking Initiative

The Missouri Credit Union Association filed a comment letter with the Consumer Financial Protection Bureau (CFPB) regarding its draft Safe Student Account Scorecard, which is part of the CFPB's initiative on safe student banking.

Posted By Sharon Bahr read more

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