WASHINGTON--Changes to the CFPB’s structure and duties are likely to need a super-majority in the Senate, so credit unions must accept that the debate will “move to the middle,” Ryan Donovan, CUNA’s chief advocacy officer said Monday. Credit...
Credit Union Industry News & Updates
The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.
WHAT’S GOING ON AT CREDIT UNIONS?
Politics & Payments: GAC
http://www.cutimes.com/2017/02/23/will-new-york-reshape-the-financial-regulatory-lan WASHINGTON – Payments are now political. During the “Assessing the Payments Landscape” breakout session at CUNA’s Governmental Affairs Conference, a panel of...
Looking to a Bright Future of Marijuana Business Banking: GAC
Attendees chat at the GAC's first-ever informational marijuana business banking meeting for CU leaders. WASHINGTON – At previous Governmental Affairs Conferences, banking legal marijuana businesses was still too taboo of a topic for credit unions to discuss in a...
Go on Offense to Fight Regulation, Nussle Says: GAC
WASHINGTON – Credit unions must go on offense if they want to be successful in convincing Congress that they are over-regulated, CUNA President/CEO Jim Nussle said as the organization’s Governmental Affairs Conference began Monday. During a pep talk to...
Rising Incomes Supporting Loan Growth
Businesses and new cars were the fastest growing loan sectors for credit unions in 2016 and loan growth is likely to remain strong this year, CUNA Mutual Group reported Monday. Credit unions held $892.5 billion in loans on their books Dec. 31, 10.9% more than their...
Filene’s War for Credit Union Talent: GAC
WASHINGTON - There’s a war for credit union talent. Filene Research Institute announced today, at the CUNA Governmental Affairs Conference, a $1 million grant from Visa to help with new efforts to attract and retain talent in the financial cooperative industry....