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Credit Unions Host Freshman Legislators

Nov
29

More than 30 newly elected legislators enjoyed a family-style dinner with credit union representatives during the 97th General Assembly freshman orientation. The Missouri Credit Union Association (MCUA) sponsored the dinner to promote positive working relationships among credit union leaders and the incoming group of representatives and senators.

Posted By Halley Hayden read more

CFPB Delays Effective Date of Remittance Transfer Rule

Nov
27

On November 27, the Consumer Financial Protection Bureau (CFPB) announced that it intends to make changes to the final rule governing international remittance transfers (Regulation E, Subpart B) and delay the effective date, which was originally scheduled for February 7, 2013. This comes after numerous credit unions, state leagues and national associations voiced their concerns over the rule. 

The proposed changes are:

Posted By Halley Hayden read more

MO District 44 Rep Caleb Rowden Meets with Missouri Credit Union Association

Nov
27

Newly elected State Representative Caleb Rowden (R-District 44) met with David Kent of the Missouri Credit Union Association in downtown Columbia on Wednesday, November 21. The two discussed the upcoming 97th General Assembly as well as issues important to both District 44 and the Representative.

Posted By dkent read more

MBL Call to Action: Call Senate Offices Following National Hike the Hill

Nov
26

Nine Missouri credit union representatives joined more than 500 credit union advocates and small business owners from across the country for National Hike the Hill on November 27-28 to make a final in-person grassroots push the for credit union member business lending legislation.  Missouri participants included two business owners and a credit union lending officer to share the member business lending story.

Posted By Amy McLard read more

CFPB Updates

Nov
26

CFPB Financial Report|

Posted By Sharon Bahr read more

Upcoming Comment Letters to NCUA

Nov
26

The Missouri Credit Union Association (MCUA) continues to press the National Credit Union Administration (NCUA) to provide additional regulatory relief for credit unions, so that credit unions can devote more resources to serving their members.  In that connection, here is a brief summary of upcoming comment letters:

Posted By Sharon Bahr read more

MCUA Comments on Size Definitions

Nov
21

Missouri Credit Union Association (MCUA) submitted two comment letters to the National Credit Union Administration (NCUA) and the Small Business Administration (SBA) regarding "small entity" and "small business" size definitions. 

Posted By Sharon Bahr read more

Credit Unions Invited to Participate in Freshman Legislative Dinner

Nov
20

The Missouri Credit Union Association has been successful in getting  a slot in the schedule as part of the orientation for new legislators in the Missouri General Assembly.  Credit union representatives from across the state are urged to take part in the event and greet these new lawmakers.  There will be approximately 80 legislators attending including freshmen lawmakers for 2013 and sophomores (legislators serving their second term). 

Here are the details:

Posted By Amy McLard read more

CFPB Launches Project Catalyst

Nov
20

The Consumer Financial Protection Bureau (CFPB) has announced the launch of Project Catalyst this week, an initiative that will obtain data on consumer behaviors and trends.

Posted By Sharon Bahr read more

CFPB Delays Some Effective Dates

Nov
19

The Consumer Financial Protection Bureau (CFPB)  is extending the effective date of several mortgage disclosures required by the Dodd-Frank Act that have to be included in the new TILA-RESPA forms.  These new forms are expected to be finalized by early spring.  The CFPB announced the delay on November 16. 

Posted By Sharon Bahr read more

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