Links in “CUNA”
- Bank Report on Tax Code Reforms Repeats Claims Against Credit Unions
Paul Gentile, CUNA EVP of Strategic Communications, identifies a number of areas in a recent bankersâ report that he says misrepresent credit union activities. Gentile also points out that banks continue to enjoy record profits while arguing that credit unions should be taxed to level the playing field. [9/5]
- CUNA and NAFCU Submit Brief Opposing an Interim Debit Card Rule
CUNA, NAFCU and other coalition partners have submitted a brief that opposes requiring the Federal Reserve Board to issue an Interim Final Rule that would reduce the interchange fee cap for debit card transactions while the District Court ruling is being appealed; group argues that an interim rule could cause significant harm to the industry and could be overturned by the Appellate Court. [8/29]
- Lawsuit Against CUNA Mutual to Proceed as a Class Action
South Dakota Supreme Court remanded a cased against CUNA Mutual and Black Hills Federal Credit Union to a lower court for class action certification; lower court had originally denied class action certification for the plaintiffs who claim that the CUNA Mutual and the credit union improperly raised the premium payments on their closed-end home equity loans. [8/20]
- New CUNA Video Advocates Ending the Corporate Assessments
CUNA Executives Bill Hampel and Paul Gentile make the case that the improvement in the performance of NCUAâs legacy assets negates the need for any additional corporate credit union assessments. [8/16]
- Credit Unions Still the First Choice
57% of credit union members are extremely likely to recommend their credit union to friends, while only 40% of members who also have a bank account would recommend their bank, according to a recent CUNA survey; new bank regulations could have a strong impact on consumer choice. [8/12]
