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The Advocate Blog

CUNA To Testify At April 10 CU Burden House Hearing

The Credit Union National Association expects to testify at an April 10 House Financial Services financial institutions and consumer credit subcommittee hearing on the regulatory burdens facing credit unions.

The credit union hearing, which is part of a 2013 series to study, in part, the impact of the... More

Sen. Warner Signs on to Privacy Notification Legislation

In a joint letter with other financial trade groups, CUNA urged the Senate to vote on bipartisan legislation (S. 635) to end the redundancy of privacy notices "without further delay and amendment." Sen. Mark Warner's office reports that he was one of the original co-sponsors.

The bill is similar... More

'Unite for Good' Prompting Discussion And Ideas

More in the credit union community are commenting and offering suggestions on "Unite for Good," the new initiative to rally credit unions around a shared vision for growth and success. It's a development welcomed by Credit Union National Association President/CEO Bill Cheney, who debuted the... More

House Democrats Introduce Overdraft Fee Bill

House Democrats introduced a bill Wednesday designed to address concerns about the overdraft fees banks charge consumers when a checking account is overdrawn.

The "Overdraft Protection Act," cosponsored by 46 lawmakers including the House Financial Services Committee's two top Democrats, Reps.... More

Senate Privacy Notice Bill Is Taking Form

A Senate version of legislation that would make significant improvements in privacy notices for consumers could be introduced in the near future, perhaps as early as this week, Credit Union National Association Senior Vice President for Legislative Affairs Ryan Donovan noted on Monday.

The bill is expected... More

CUs Invited to Hold a 'Financially Fit Day' on April 3

The National Credit Union Foundation (NCUF) is inviting credit union organizations to hold a “Financially Fit Day” on April 3, 2013 to kick off National Financial Literacy Month. This fundraising day is part of a relatively new campaign, titled “Credit Unions Support Financial Education: Leading... More

CUs To Have Reg Burden Hearing; House Hearing Looks At Bank Failures

The House Financial Services subcommittee on financial institutions and consumer credit Wednesday conducted a "state of the community banking industry" hearing that looked into the causes of the 414 bank failures that occurred from 2008 through 2011.

Congress has not required any similar study... More