The CRA: Good Intentions, Poor Execution
Jake Cooke, writer for The Credit Union Connection We know the Community Reinvestment Act (CRA) requires federal banking regulators to
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CDFI Fund Extends Deadlines for NEW CDFI Certification Application
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has extended the application deadlines for when
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Meier Talks Lawsuits and Regulations Credit Unions Must Watch!
Every year it seems we’re saying there are more regulations and compliance expenses than ever. Legislation gets rammed through or
Meier Talks Lawsuits and Regulations Credit Unions Must Watch! Read More »
Credit Union Tax Exemption Kerfuffle Returns
By David Baumann, Editor, Washington Credit Union Daily Here we go again. Conservative anti-tax groups say that credit unions don’t
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NCUA Releases Q4 2023 State-level Credit Union Data Report
Federally insured credit unions experienced growth in loans and the share of credit unions with positive net income increased over
NCUA Releases Q4 2023 State-level Credit Union Data Report Read More »
Why your credit union needs to care about Chevron deference
Chevron has been critical for credit unions in cases like ABA v NCUA By Henry C. Meier, Esq., The Law
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House Passes Resolution to Void Section 1071 Rule
The House passed a resolution of disapproval for the Consumer Financial Protection Bureau’s section 1071 rule Friday
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CUNA\’s Nussle Responds to Rep. Blumenauer\’s Decision Not to Seek Re-election
Rep. Earl Blumenauer, D-Ore., announced he will not seek re-election in 2024. Blumenauer has served in Congress since 1996, and has supported numerous credit union priorities during his career.
CUNA\’s Nussle Responds to Rep. Blumenauer\’s Decision Not to Seek Re-election Read More »
CUNA Joins Other Financial Trades Calling for Fed to Reject Requests for Debit Card Interchange Changes
CUNA has joined in a new letter sent to the Federal Reserve Board of Governors, urging the Fed to reject merchant requests for further changes to Regulation II governing debit card interchange fees.
CUNA ‘concerned’ with CFPB Personal Financial Data Rights Proposal
CFPB released its personal financial data rights proposed rule Thursday, which lays out requirements for financial institutions, card issuers, and other payment facilitation providers to share certain consumer financial data with third-parties at the behest of consumers.
CUNA ‘concerned’ with CFPB Personal Financial Data Rights Proposal Read More »