CUNA

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.

Rep. Blaine Luetkemeyer, R-Mo., said Congress has "got to be pushing back" against the Current Expected Credit Losses standard, while Rep. Steve Stivers, R-Ohio, indicated that not all Republicans view the cannabis banking issue the same way.

The banking group issued lawmakers a guide on questions to ask as credit union executives visit Capitol Hill for two days.

The third credit union-related bill introduced this week would cut credit unions’ annual required board meetings to just six times per year.

The debate centers on whether guidance on credit union-bank mergers is necessary.

ICBA outlined a series of questions for lawmakers that would force credit unions to defend the industry's practices during meetings with local representatives.

Recent political controversies are forcing credit unions and industry groups to reconsider their support for lawmakers they previously endorsed.

The regulator completed a thorough process, which included ensuring investors would treat borrowers well, before settling on a buyer.

NCUA board member Mark McWatters defended the agency's position on credit union-bank purchases and called out the ongoing sniping on both sides of the argument.

The Credit Union National Association is submitting a FOIA request to get more information about the National Credit Union Administration's recent portfolio sale, but further action could be necessary if those answers aren't satisfactory.

The industry loves to tout its bipartisanship, but it has very publicly embraced the Trump administration at times.