Rodney Hood may be the head of a federal agency, but as a Black man, that doesn’t make him immune from being pulled over by the police twice a year for no good reason. “You all, I get stopped twice a year for driving, for doing nothing wrong,” the chairman of the National Credit Union Administration board said Thursday, during a web conference, “Discovery 2020,” sponsored by the CUNA Mutual Group. Hood continued, “I’m not a speed demon or anything of that sort. I get stopped because the rationale is that if you stop someone who looks like me, there’s
The Credit Union National Association on Tuesday announced “strategic commitments” that the trade group and its partners are tackling to advance the principles of diversity, equity, and inclusion in the credit union community.
Deshundra Jefferson was appointed this week as CUNA’s chief strategic communications officer.
As negotiators attempt to find common ground on the next round of coronavirus economic stimulus measures, financial trade groups Thursday urged lawmakers and federal agencies not to make piecemeal changes to the Paycheck Protection Program if it is reauthorized.
The two major credit union trade groups late last week renewed their call to ensure that the next economic stimulus bill includes limited liability protection, even as the issue continued to be a major sticking point in negotiations over the coronavirus crisis response legislation.
Washington, D.C. attorney Damon Smith has been named the Credit Union National Association’s senior director of advocacy and counsel.
With Congress seemingly stalled on its next economic stimulus measure, the Credit Union National Association and the National Association of Federally-Insured Credit Unions are pushing lawmakers to add things they want in the final bill and to drop things they do not like in the House and Senate measures.
From expanded member business lending to remote notary services, credit union trade groups on Tuesday sent congressional leaders their latest wish list for the next coronavirus pandemic economic stimulus legislation.
Since House and Senate leaders have indicated that the next bill to be enacted may be the last stimulus legislation for a while, the stakes are particularly high.
It may be a question of semantics, but it appears that several business groups are going further than the Credit Union National Association in pushing members or customers to wear masks when doing business.
Last week, CUNA President Jim Nussle issued a statement pushing credit unions to “encourage” members to wear masks to protect themselves and credit union employees from COVID-19.
A broad coalition of financial services trade groups, including the Credit Union National Association and the National Association of Federally-Insured Credit Unions, is urging the Senate to include bipartisan Anti-Money Laundering and Bank Secrecy Act legislation in the massive defense authorization bill the Senate will continue debating next week.
Senate Banking Chairman Mike Crapo (R-Id.) and the panel’s ranking Democrat, Sherrod Brown of Ohio, along with several other committee members, have offered an amendment to the defense authorization bill that would update AML/BSA rules.