CUNA

Jim Nussle, CEO of the Credit Union National Association, recently argued that Congress should do away entirely with FOM requirements. Such a move would further favor credit unions over banks.

Credit unions won the day as the Supreme Court rejected an appeal that would have limited consumers' access to financial services. Now Congress must act to remove those field-of-membership restrictions entirely.

Credit unions are once again opposing language in draft legislation of the 2021 National Defense Authorization Act that would allow banks to rent space on military bases for free.

The Credit Union National Association filed the class action suit in 2017 after roughly 147 million people had personal information exposed through a hack of the credit reporting agency.

The Credit Union National Association has been directed to work with the entire industry to find ways to address discrimination experienced by African Americans.

In one of Tuesday's more high-profile primaries, Rep. Kweisi Mfume won the Democratic primary to fill the seat once held by the late Elijah Cummings.

Some credit unions have closed branches as demonstrations continue following the death of George Floyd last week.

The HEROES Act aims to clarify whether economic stimulus checks from the government can be used for debt collection, but it's unclear if that language will survive the legislative process.

Lobbying lawmakers via videoconferencing has some advantages, but it's unclear if that format will continue to be used once social distancing requirements are eased.

The central bank said customers will be able to make more transfers and withdrawals "at a time when financial events associated with the coronavirus pandemic have made such access more urgent."

Major national and international summer shows were all canceled within 24 hours of one another, and many smaller state-level events have already been called off or postponed.

Legislation announced Wednesday would allow credit unions to make coronavirus relief loans to businesses without fear of bumping up against the member business lending cap.

The regulator formally announced the 60-day delay on Monday after tweeting about it over the weekend.

The credit union regulator will hold off in-person examinations until at least May and has already pushed back at least one comment deadline as the pandemic worsens.

As the health crisis upends the United States, credit union trade groups have called for lawmakers and regulators to provide relief for institutions dealing with the pandemic's impact.

More than six industry events have been cancelled or put on hold in five days, with more likely to follow.

Credit union groups are hailing the introduction of a bill to change the bureau’s leadership structure, but similar bills have been introduced in the past and gone nowhere.

Candidates supportive of the industry were victorious in primary elections across five states.

The proposal is the fourth piece of legislation unveiled this week to tweak the Federal Credit Union Act.

National Credit Union Administration board member Todd Harper also emphasized the risks of poor succession planning during remarks on Wednesday.