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MCUA Supports IRS Proposal on Discharge of Indebtedness

Jan
26
MCUA Supports IRS Proposal on Discharge of Indebtedness

The Missouri Credit Union Association (MCUA) filed a letter with the IRS in support of proposed changes to the IRS regulation regarding discharge of indebtedness.

Posted By Sharon Bahr read more

New Risk-Based Capital (RBC2) Proposal Released

Jan
20
New Risk-Based Capital (RBC2) Proposal Released

The Missouri Credit Union Association (MCUA) and Missouri credit union leaders, along with the rest of the credit union community, are reviewing the highly anticipated revised Risk-Based Capital (RBC2) proposal from the National Credit Union Administration (NCUA). The proposal was released on January 15, and credit union representatives will have the opportunity to weigh in on the changes during a comment period.

Posted By Nora Holloway read more

Register Now for Missouri Advocacy Events in J.C. & D.C.

Jan
18
Register Now for Missouri Advocacy Events in J.C. & D.C.

Annual Advocacy Meeting Hotel Discount Ends January 23

Time is running out to receive the hotel discount for the Missouri Credit Union Association's (MCUA) Annual Advocacy Meeting. The event takes place February 9-10 in Jefferson City. The hotel registration deadline is January 23. 

Posted By Nora Holloway read more

Lawmakers Appointed to Key Committees for Credit Union Issues

Jan
16
Lawmakers Appointed to Key Committees for Credit Union Issues

It's now official which lawmakers in both the Missouri House and Senate are serving on key committees that handle issues affecting credit unions.  Missouri General Assembly leadership made committee announcements during the second week of session. Committees are responsible for vetting legislation, hearing public testimony and readying a bill to

Posted By dkent read more

Submit Stories for CUNA's GAC

Jan
13
Submit Stories for CUNA's GAC

The Credit Union National Association (CUNA) will display credit union stories at the Governmental Affairs Conference again this year. There will be wall art (see example at right) in the lobby to highlight the difference credit unions are making.  

Posted By Nora Holloway read more

MCUA Opposes FHFA Proposal on FHLB Membership Eligibility

Jan
13
MCUA Opposes FHFA Proposal on FHLB Membership Eligibility

The Missouri Credit Union Association (MCUA) filed a letter on January 12, 2015, with the Federal Housing Finance Agency (FHFA) regarding its proposal on membership requirements for Federal Home Loan Banks (FHLBs).

Posted By Sharon Bahr read more

Credit Union House Reception Includes Two Financial Insitutions Committee Members

Jan
13
Credit Union House Reception Includes Two Financial Insitutions Committee Members

The Missouri Credit Union Association's Credit Union House helped to welcome lawmakers back to Jefferson City for the 2015 Missouri state legislative session.  Three members of the Missouri House of Representatives - including two members of the revamped financial institutions committee - hosted a 'welcome back' reception at Credit Union House on January 6, the night before session began.

Posted By dkent read more

MCUA Files Comment Letter on Interagency Flood Insurance Rules

Jan
12
MCUA Files Comment Letter on Interagency Flood Insurance Rules

The Missouri Credit Union Association (MCUA) filed a comment letter with the National Credit Union Administration (NCUA) on December 29, 2015, addressing the proposed interagency flood insurance rule.

Posted By Sharon Bahr read more

Privacy Notification Change May Affect Your Credit Union

Jan
09
Privacy Notification Change May Affect Your Credit Union

Sending out annual privacy notices is a costly regulatory requirement that can also create confusion with members. While the 113th Congress did not pass privacy notification legislation by year-end 2014, there is an alternative option available to Missouri’s credit unions via a new rule from the Consumer Financial Protection Bureau (CFPB). 

Posted By Nora Holloway read more

MMPA Fix A Top Priority for MCUA in 2015 State Legislative Session

Jan
05
MMPA Fix A Top Priority for MCUA in 2015 State Legislative Session

State lawmakers start the 2015 legislative session in Jefferson City on January 7, and a bill intended to clarify the exemption for credit unions from the Missouri Merchandising Practices Act (MMPA) is a top priority for the Missouri Credit Union Association (MCUA).  The bill,

Posted By dkent read more

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