Credit union advocates from across the state arrived at the Missouri Credit Union Association’s (MCUA) Annual Advocacy Meeting on March 10. The first day of meetings was held entirely at the DoubleTree Hotel in Jefferson City.
The Schnucks data breach cost credit unions and their members more than $1 million. That's according to a recent survey conducted by the Missouri Credit Union Association (MCUA) to assess the overall impact of the Schnucks data breach on credit unions in Missouri.
Fifty credit union leaders from 14 credit unions in Missouri joined a record 4,400 attendees in Washington D.C. for the Credit Union National Association (CUNA) Governmental Affairs Conference, February 23-27.
Missouri attendees received uplifting news at the Governmental Affairs Conference (GAC) in Washington, D.C. The House Ways and Means Committee released a tax reform proposal on February 26 that did not include mention of credit unions' tax status.
Why should credit union professionals take time to write a letter to the National Credit Union Administration (NCUA) regarding the risk-based capital proposal? Simple. If the proposal is implemented, it would lead to credit unions needing to hold as much as $7.3 billion in additional capital.
The Missouri Credit Union Association's (MCUA) Jefferson City office hosted back-to-back receptions this week. MCUA welcomed Representatives Dean Dohrman (R-District 51), Glen Kolkmeyer (R-District 53) and Randy Pike (R-District 126) on February 25 and Representatives Jeff Messenger (R-Distr