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Bankers Take Aim at Credit Union Tax Status

Feb
04
Bankers Take Aim at Credit Union Tax Status

Bankers are sending social media messages to members of the Missouri Congressional delegation attacking the credit union tax status. Using the #Time2Pay hashtag, bankers are directing an increased number of tweets to legislative offices. (See right.)

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MCUA Hosts Fundraiser for Three Representatives

Jan
31
MCUA Hosts Fundraiser for Three Representatives

Representatives Paul Fitzwater (R-District 144), Lyndall Fraker (R-District 137) and Craig Redmon (R-District 4) held a fundraiser at Missouri Credit Union Association’s Jefferson City office on January 29.

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State Capitol Report - MCUA Testifies in Support of Anti-Patent Troll Bill

Jan
31
State Capitol Report - MCUA Testifies in Support of Anti-Patent Troll Bill

Missouri Credit Union Association Testifies in Support of Anti-Patent Troll Bill

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MCUA Comments to NACHA on Risk, Enforcement, and Network Quality Proposed Rules

Jan
29
MCUA Comments to NACHA on Risk, Enforcement, and Network Quality Proposed Rules

The Missouri Credit Union Association (MCUA) recently submitted two related comment letters to NACHA – The Electronic Payments Association on Automated Clearing House (ACH) Network Risk 

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MCUA Comments on NCUA Home-Based Credit Union Proposal

Jan
28
MCUA Comments on NCUA Home-Based Credit Union Proposal

The Missouri Credit Union Association filed a comment letter with the National Credit Union Administration (NCUA) on Thursday, January 23, detailing concerns with NCUA’s proposed home-based credit union rule.

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NCUA Finalizes Rule on Derivatives

Jan
27
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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CUNA Seeks Your Comments on Mortgage Closing Process

Jan
24
CUNA Seeks Your Comments on Mortgage Closing Process

The Consumer Financial Protection Bureau (CFPB) is planning to develop a more streamlined, efficient and educational mortgage closing process. To assist in understanding what consumers find most problematic about the current closing process, the Bureau has issued a Notice and Request for Information seeking input on 17 questions covering:

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Missouri Capitol Report – State of the State and Legislative Business

Jan
23
Missouri Capitol Report – State of the State and Legislative Business

Nixon Delivers State of the State Address

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Missouri Feedback on Data Breach Surveys

Jan
23
Missouri Feedback on Data Breach Surveys

Credit unions in Missouri are sharing the impact of data breaches in the Show-Me State by participating in the Target and Schnucks surveys.  But more feedback is needed from Missouri's credit unions.

So far, 34 credit unions in Missouri have completed the Credit Union National Association (CUNA) Target survey. As of January 17, there were 936 responses from credit unions nationwide. Take the survey here.

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