Links in “CUNA”
- Efforts to Preserve CU Access to Secondary Mortgage Market
Today, CUNA Chief Economist Bill Hampel and General Counsel Eric Richard are engaging in a dialogue about housing finance reform at the White House. They will represent credit unions and present the request that credit unions still be able to participate in the secondary mortgage market. [3/26]
- Member Business Lending on NCUA’s Calendar
NCUA confirmed to CUNA that member business lending is on the review calendar for this yearâafter CUNA issued a letter on the subject. Matz says that NCUA has been "carefully studying the current rule," and NCUA will come to a consensus as to possible changes. [3/25]
- Cheney Not Running Away from CUNA
According to Bill Cheney, CUNA CEO, his decision to leave CUNA to become CEO of a large California credit union had nothing to do with CUNA, but rather was about an opportunity that was just too good to pass up. Cheney added that he and his wife love living in Washington, DC, but he did express frustration with Capitol Hill bickering. [3/19]
- Cheney Leaving CUNA for Credit Union CEO Position
Bill Cheney is leaving the CEO post at CUNA to become CEO of the $9.8 billion Schools First FCU in Santa Ana, CA. Cheney is expected to stay on at CUNA until June and an executive search will begin immediately for his replacement. [3/13]
- Trades Request Extended Comment Period for Risk-Based Capital Rule
NAFCU and CUNA have requested that the 90-day comment period for the proposed risk-based capital rule be extended to 180 days. Calling it the most proposed rule that credit unions will face this year or in years to come, the trades stated that credit unions need to have sufficient time for careful and thorough consideration. [3/3]
- Record Number of GAC Attendees Spent Week Advocating for Credit Unions
The 4,400 attendees at this yearâs CUNA GAC conference in Washington, D.C. spent this week paying visits to their Congressional representatives to educate them on the issues of most importance to the credit union industry. The key issues discussed were taxation, member business lending, housing finance reform, data security and credit union charter enhancements along with issues of importance in particular states. [2/28]
- Coming Soon: Internet Domain Just for Credit Unions
The Internet Corporation for Names and Numbers (ICANN) has notifed CUNA that the domain name .creditunion (dot credit union) has been approved. CUNA General Counsel Eric Richards notes that the new domain is beneficial as both a marketing tool, as well as a tool to improve security. [2/26]
- New Chair and Board Members for CUNA
Dennis Pierce, President/CEO of CommunityAmerica CU has been elected as the new chairman of the CUNA Board. Pierce succeeds Pat Wesenberg, President/CEO of Central City CU. [2/25]
- Record Crowd in DC for CUNA GAC
4,400 participants have converged on Washington, D.C. to participate in CUNAâs 2104 Governmental Affairs Conference (GAC). Tony Blair, former British Prime Minister, is scheduled to kick off the event this morning. Attendees will be armed with talking points on important issues, such as tax reform, before visiting with their representatives on the Hill. [2/24]
- CUNA Calls for Public Hearings on Risk-Based Capital
CUNA is urging NCUA to conduct public hearings before proceeding with its risk-based capital proposal. The CEO, Bill Cheney, says NCUA would benefit from hearing credit unionsâ concerns in an interactive setting and points out that under the current system credit unions were able to weather the worst financial crisis in 80 years in a strong fashion. [2/18]
