The FOMC is holding rates steady. More information about the fed funds rate target from Chief Economist Curt Long: bit.ly/3SflOf2
America's Credit Unions
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America's Credit Unions
@AmericasCUs
One united voice to advance the credit union industry.
- .@TheNCUA has released the agenda for its open board meeting on June 24. See the briefing topics in today’s news story: bit.ly/3SgJek7
- .@USHouseFSC @FinancialCmte leaders are urging FinCEN to finalize its Bank Secrecy Act AML/CFT rule, which we strongly support. Our team will remain engaged with FinCEN as it works to finalize its rule. For more: bit.ly/3SPpK68
- Thank you @LeaderJohnThune for recognizing the need to remove regulatory burdens so that #CreditUnions can support Americans' dream of homeownership.
00:00 - #CreditUnion-backed candidates won their primaries in Oklahoma and Alabama this week. Head to the Credit Union Elections Hub to get the latest results from Tuesday’s primaries and other races we’ve supported: bit.ly/3Sfz9E0 #CreditUnionsVote
- 📥 We’re seeking feedback on @TheNCUA’s stablecoin proposal with a Regulatory Comment alert and two working group calls. Today’s news story has more details on how you can participate: bit.ly/44iWzuM
- Ahead of the @SenateBanking @BankingGOP consideration of the 21st Century ROAD to Housing Act, we shared additional considerations that would provide regulatory relief to #CreditUnions. See our recommendations in today’s news story: bit.ly/4w2j1V3
- Families are struggling to save for a down payment. #CreditUnions are helping break down that barrier with innovative low down-payment programs, grants, and flexible lending options. These efforts are intended to move more people from renting to building equity and long-term
- The CFPB has rescinded a 2020 advisory opinion on Regulation B, which implements the Equal Credit Opportunity Act. Get more details on the rescission in today’s news story: bit.ly/4uRkPzi
- Check your inbox for a Regulatory Comment alert on @TheNCUA’s proposal to amend its share regulation requirements. The alert features detailed information on the proposal and how to submit comments. Learn more in today’s news story: bit.ly/4vRwgaK
- As part of #ElderAbuseAwarenessMonth, @MDDCCUA President/CEO John Bratsakis talked to @WMAR2News about the Vulnerable Adult Banking Protection Act – a Maryland law that goes into effect October 1. Watch his interview to hear about how this legislation can help protect
- Our Final Rule Summary provides an analysis of @TheNCUA’s recently finalized rule on dependent care reimbursement. Read the Summary to get background of the rule, its impact to #CreditUnions, and more: bit.ly/4uD1QYP
- The Credit Union Board Modernization Act is part of a housing package @SenateBanking @BankingGOP and @USHouseFSC @FinancialCmte leaders unveiled Tuesday. The legislation is expected to head to the Senate floor this week. Get the latest in today’s news story:
