Grassroots key to passage of Maine's patent 'troll' law
In a victory for state credit unions earned on the strength of their grassroots efforts, Maine's patent "troll" bill became law last week. More
CUNA: New data breach shows need for improved merchant security standards
A data breach at Michaels Stores and associated business Aaron Brothers may have impacted 2.6 million cardholders, the arts and crafts retailer confirmed late last week. CUNA is pressing federal lawmakers to address data security relative to merchants, who are not held to the same standards of security as credit union and other financial institutions. More
Lawmakers seek colleagues' backing on RBC plan changes
Two members of the House Financial Services Committee, Reps. Peter King (R-N.Y.) and Gregory Meeks (D-N.Y.), are circulating a letter among House colleagues urging the National Credit Union Administration to consider changes to its proposed risk-based capital regulations. The letter expresses the concern that any final RBC rule should not unduly burden credit unions and should not adversely affect healthy credit unions' ability to meet the financial services needs of their members. More
Surf's up for National CU Youth Week
Grab your surfboard and sunscreen today and get ready to "Catch the $ave Wave" at credit unions during National Credit Union Youth Week. More
Mass. league stresses CU-community ties during public funds hearing
The Massachusetts Joint Committee on Financial Services hosted a public hearing last week to discuss a bill that could open the door for state- and federally chartered credit unions to become public funds depositories. More
FHFA seeks comment on mortgage database expansion
The Federal Housing Finance Agency is considering expanding the scope of a planned national mortgage database, and is seeking public comment on the potential expansion, Politico reported last week. More
CUNA Resources
CUNA Pressing Economic Issues Series offers condensed monthly updates for your board members, management team and credit union staff. With one subscription, your entire credit union gets practical, up-to-the-minute analysis on our ever-changing economic environment. Each session is delivered to you via recorded presentations that are easily archived and shared.
Spend only 30 minutes a month with CUNA economists to get exclusive insights on the primary issues affecting credit unions today. Click here to preview a session.
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Break down traditional barriers and get a clearer view of the credit union movement at CUNA FUSE: Branch Operations & Business Development School, August 18-21, 2014 in San Diego, CA. You’ll have the chance to consult professionals and thought-leaders in the business development and branch operations disciplines, discovering new perspectives and rekindling your passion for leadership.
During four days of expert-led sessions and networking opportunities, you will:
New in 2014 - Be among the first to earn the Credit Union Business Development Professional (CUBDP) designation, proving your leadership prowess and dedication to fueling credit union growth.