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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

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CUNA Resources

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