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Crash the GAC: Missouri Scholarship Available

Nov
11
Crash the GAC: Missouri Scholarship Available

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
MCUA Files Comment Letter with HUD on Proposed QM Rule

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

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
NCUA Board Approves Final Rule on Emergency Liquidity

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

Cybersecurity Update: NIST Preliminary "Critical Infrastructure" Cyber Framework

Nov
01
Cybersecurity Update: NIST Preliminary "Critical Infrastructure" Cyber Framework

Last week, the National Institute for Standards and Technology (NIST) issued a new request for comment on the preliminary version of its cybersecurity framework to implement parts of the President’s Executive Order on “critical infrastructure” cybersecurity

Posted By Sharon Bahr read more

CUNA Seeks Input from Credit Unions

Oct
28
CUNA Seeks Input from Credit Unions

The Credit Union National Association (CUNA) seeks input from credit unions planning to stop international remittance transfers. The Consumer Financial Protection Bureau's (CFPB) international remittance transfer rule became effective on October 28, 2013.  

Posted By Sharon Bahr read more

MCUA Files Comment Letter on Charitable Donation Accounts

Oct
22
MCUA Files Comment Letter on Charitable Donation Accounts

Charitable Donation Accounts (CDAs) are hybrid charitable and investment vehicles. They must primarily benefit a charity, such as the National Credit Union Foundation. However, the accounts would also allow federal credit unions to make investments that are otherwise prohibited and could have a higher return as long as the majority of the returns are provided to charities.

Posted By Sharon Bahr read more

Credit Unions Say ‘Don’t Tax My CU’ on ICU Day

Oct
18
Credit Unions Say ‘Don’t Tax My CU’ on ICU Day

Credit unions in Missouri celebrated International Credit Union (ICU) Day by sharing the “Don’t Tax My Credit Union” (DTMCU) message.

Posted By dkent read more

11th Annual Pheasant Fall Classic Benefits CUPAC

Oct
18
11th Annual Pheasant Fall Classic Benefits CUPAC

Participants of the 11th Annual Pheasant Fall Classic enjoyed great weather while raising funds for the Credit Union Political Action Committee (CUPAC)*.  More than 25 credit union representatives and supporters met at String Creek in Centertown, Missouri on October 17 for the fundraiser.

Posted By dkent read more

Credit Union Leaders Hike the Hill

Oct
08
Credit Union Leaders Hike the Hill

Twelve credit union leaders from Missouri visited Washington, D.C. for Hike the Hill October 1-3. Despite the onset of the government shutdown, credit union representatives met with all but one federal lawmaker during the week and focused on the importance of credit unions' tax status.

Posted By dkent read more

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