In a bill the Credit Union National Association (CUNA) says will enhance the safety and soundness of the credit union system, Reps. Peter King (R-N.Y.) and Brad Sherman (D-Calif.) have proposed to permit the National Credit Union Administration (NCUA) to allow credit unions to accept additional forms... More
The Credit Union National Association’s Governmental Affairs Committee starts full-blown today, and your League and credit union advocates are taking advantage of a day in Washington to visit legislative aides to brief them on our issues before Wednesday’s Congressional Luncheon (and before the bankers... More
Credit Unions Raising Funds for Playgrounds as ‘Stay Behinds’ at Democrat, Republican National Conventions
CUNA and its state leagues plan to raise $600,000 so credit union volunteers can build special interactive playgrounds at local children’s hospitals during this summer’s Republican and Democratic National Conventions.
The quadrennial charity efforts help build both national exposure at the penultimate... More
Credit union advocates beat the bankers to the punch by talking to legislative aides Monday before bankers do their own Hike the Hill today where they will spend just as much energy lobbying against credit unions as they will tending to their own garden.
There’s a glimmer of optimism around S. 509,... More
Representatives from the League and credit unions met with Gov. Tim Kaine in Richmond on Tuesday to discuss key credit union issues.
The highlight of the meeting was Gov. Kaine’s support for raising the member business cap, noting that he considered it a small business and credit availability issue.... More
Banks hoping Congress will extend the FDIC’s Transaction Guarantee Program are facing opposition from Sen. Bob Corker (R-Tenn.), who occupies a seat on the Senate Banking Committee. Corker penned an Aug. 2 letter to FDIC Chairman Martin Gruenberg that was critical of extending the temporary program... More
The Virginia Credit Union League, which represents 184 not-for-profit credit unions and the 3 million Virginians they serve, today announced its endorsement of former Virginia Gov. Tim Kaine in his bid for the U.S. Senate.
“Decisions made in Washington have a direct impact on credit unions’ ability... More
Martinsville Bulletin: Rep. Griffith Says Small Businesses Burdened by Regulations; Credit Union Rep Attends Special Meeting
In a closed-door meeting that involved a representative from Martinsville DuPont Credit Union, Congressman Griffith (R-9) heard small businesses decry regulations.
MDCU attended the private meeting as a guest of Del. Don Merricks, who offered the invite after the Piedmont Chapter’s meeting last week... More
Dan Adams, a fixture in the credit union movement who capped his career with a long run as CEO of Bellwood before recently retiring, reminded the Richmond Chapter last night that credit unions are political creatures.
While member business lending legislation is a priority for credit unions now, Adams... More
WASHINGTON (UPDATED: 4:00 P.M. ET, 12/6/12)–In a new call to action, the Credit Union National Association (CUNA) is encouraging its member credit unions and leagues across the country to contact and urge their senators to oppose legislation that would extend for banks the Transaction Account Guarantee... More