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Federal Legislative Action Affects Credit Unions

Nov
20

Members of Congress have taken action on a number of issues affecting credit unions.

Credit Union Bill Moves Out of House Financial Services Committee

The House Financial Services Committee, which includes four members of the Missouri delegation, voted on H.R. 3468, the Credit Union Share Insurance Fund Parity Act, on November 14.  In a voice vote, the committee unanimously approved the credit union bill.

Posted By Amy McLard read more

MCUA Hosts Missouri House Democratic Victory Committee

Nov
18

The Missouri Credit Union Association (MCUA) Credit Union House in Jefferson City served as a gathering place for the Missouri House Democratic Victory Committee (MHDVC) on  November 15.  More than 40 Democratic leaders, candidates, and supporters visited Credit Union House throughout the evening.

Posted By dkent read more

Standards for Assessing Credit Unions' Diversity Policies & Practices

Nov
18

As reported previously, National Credit Union Administration (NCUA), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Fed, Office of the Comptroller of the Currency (OCC), and Securities Exchange Commission (SEC) have proposed joint standards for assessing the diversity policies and practices of the entities they regulate.

Posted By Sharon Bahr read more

2014 GAC Approaches, Missouri Room Block Filling Up

Nov
18

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.

Posted By Nora Holloway read more

MCUA Comment Letter on Charitable Donation Accounts Proposal

Nov
13

The National Credit Union Administration (NCUA) has posted the letters filed for comment on the charitable donation accounts proposed rule, which Credit Union National Association (CUNA), the National Credit Union Foundation (NCUF), and a number of leagues support in principle with a few improvements.

Posted By Sharon Bahr read more

MCUA Seeks Comments on Flood Insurance Proposal

Nov
12

The Missouri Credit Union Association (MCUA) encourages credit unions to reply to CUNA, who is seeking comments on the recently issued flood insurance proposed rule.

Posted By Nora Holloway read more

Crash the GAC: Missouri Scholarship Available

Nov
11

If you haven’t attended the Credit Union National Association’s Governmental Affairs Conference (GAC) and have always wanted to go - here is your chance. Applications are now open to Missouri young professionals (age 30 and younger) to Crash the 2014 CUNA GAC.

The Missouri Credit Union Association (MCUA) is partnering with the Cooperative Trust and Credit Union National Association (CUNA) to make the 2014 “Crash the GAC” event bigger and better than ever. The goal is to have crashers from every state and Washington, D.C.

Posted By Amy McLard read more

MCUA Files Comment Letter with HUD on Proposed QM Rule

Nov
09

The Missouri Credit Union Association (MCUA) supports some aspects of the U.S. Department of Housing and Urban Development’s (HUD) proposed Federal Housing Administration Safe Harbor QM Threshold definition, but also offered changes to clarify parts of the proposal, in a comment letter filed last week.

Posted By Nora Holloway read more

MCUA Raises Concerns About QMs, Disparate Impact in Comment Letter on Credit Risk Retention

Nov
05

The Missouri Credit Union Association (MCUA) has filed a comment letter on an interagency proposed rule regarding credit risk retention, including a proposed definition of “qualified residential mortgage” (QRM), which is identical to the CFPB’s “qualified mortgage” (QM) definition.

Posted By Nora Holloway read more

NCUA Board Approves Final Rule on Emergency Liquidity

Nov
02

On October 24, 2013, the National Credit Union Administration (NCUA) convened its ninth scheduled open meeting of 2013 at the agency's headquarters. The Board unanimously approved three items:

Posted By Nora Holloway read more

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