Complete Story
03/17/2014
Loan Parity Act would help CUs back affordable housing
CUNA News Now Headlines 03/17/2014 - Provided as a courtesy and valuable service of the Credit Union National Association
Loan parity step will help CUs support affordable housing: CUNA
Enactment of the Credit Union Residential Loan Parity Act (H.R. 4226) would enable credit unions to better meet the needs of their members and also would contribute to the availability of affordable rental housing, CUNA President/CEO Bill Cheney wrote in a letter of support for the newly introduced bill. More
FHLB membership parity bill, others, could bring some CU relief: CUNA
Voting 55-0, the House Financial Services Committee passed a bill Friday to broaden credit unions' ability to apply for Federal Home Loan Bank membership. The bill was one of three passed over two days, all strongly supported by CUNA, that--when they become law--will potentially provide relief for credit unions from their regulatory burden. More
CFPB restructure bill moves through committee
Legislation that would grant credit unions and other lenders greater input into rural-area designations made by the Consumer Financial Protection Bureau has moved on to the full U.S. House after it was approved by the financial services committee late last week. More
Risk-based capital webinar is Wednesday, CUNA reminds
There is still time to register for this week's webinar on the National Credit Union Administration's risk-based capital proposal, CUNA reminds. The session is entitled "NCUA's Risk-based Capital Rule: Can it be fixed?" More
Patent troll bill will get March 27 Senate Judiciary attention
Legislation that would curb patent troll abuses will be discussed during a March 27 Senate Judiciary Committee executive business meeting, the committee chairman, Sen. Pat Leahy (D-Vt.), announced last week. More
HELOCs show potential for Ca., Nev. CUs, league economist says
California and Nevada credit unions may want to focus on real estate lending--particularly home equity lines of credit--given the positive outlook for housing, according to the chief economist for the California and Nevada Credit Union Leagues. More
Debt collection bill concerns Del. CUs
Legislation has been introduced into the Delaware General Assembly that, while appearing to be consumer-friendly, has the potential to have unintended consequences that could negatively affect Delaware's credit unions, the Delaware Credit Union League said. More
Marketing rock stars have 3 chords for success: CUNA Council
To achieve lasting success, credit union marketers and business developers must be more than good. They need to be "rock star" good, business performance expert Ryan Estis told CUNA Marketing & Business Development Council Conference attendees last week in Orlando, Fla. More
FDIC sues over banks' alleged Libor suppressions
The Federal Deposit Insurance Corp. has taken action against 16 of the world's biggest banks, alleging they manipulated the London interbank offered rate--or LIBOR, several outlets reported last week. More
CUNA Resources
Take on compliance without the heavy lifting.
It takes a wide range of resources, personnel and proficiencies to carry a credit union’s lending compliance burden. Discover how you can best apply your professional strengths at this year’s CUNA Lending Compliance School, August 10-14, 2014 in Las Vegas, NV, where you will acquire the in-depth regulatory knowledge, cutting edge resources and industry updates to keep your grip on compliance in all lending disciplines — without the heavy lifting.
This year’s comprehensive five-day curriculum will feature:
- An 8 hour deep dive into Fair Lending presented by David Reed
- 10 Cardinal Rules of Repossession presented by Frank Drake
- Advertising Your Loan Products with PolicyWorks
- Lending Fraud with Barry Thompson
- Ask the Expert Panel Discussion and many networking opportunities
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When you’re a member, you’ll receive a number of benefits.
- An updated Discussion Forum for interactive networking
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- Receive the CUNA Supervisory Committee Fundamentals video ($449 value)
- Get a free digital subscription to Credit Union Magazine and Directors Newsletter
- Enroll in more than 20 online courses to expand your learning
Experience the many benefits of CUNA Volunteer Network. Sign up today for an Individual Membership or get your entire team involved with the Board Membership.
