The re-invigorated Paycheck Protection Program remains beset with problems that are keeping small businesses from obtaining much-needed assistance, trade groups representing credit unions and accountants said this week.
The Credit Union National Association again is urging Congress to include temporary coronavirus liability protection in any new economic stimulus legislation it considers.
In an open letter to the new Congress, Rebeca Romero Rainey, the president/CEO of the Independent Community Bankers of America, outlined the current priorities of community bankers, including a request that Congress re-examine the credit union tax exemption.
Credit union trade groups report that the Small Business Administration and the Treasury Department are still failing to anticipate problems with the Paycheck Protection Program rollout and are still playing catch-up with issues. Nevertheless, the trade groups also report that this rollout has gone a lot smoother than in the past.
President Biden appointed Democrat Todd Harper to serve as board chairman of the National Credit Union Administration, replacing Republican Rodney Hood. This puts Harper as chairman over two Republicans. What can credit unions expect from the NCUA now? This article, written by our editor, is posted on the Credit Union Times website. Clicking on the link will take you to the article. There is a free, one-time registration required to visit the Credit Union Times website. Todd Harper Selected as New NCUA Board Chairman Why am I being redirected to the Credit Union Times website? This will explain: Message from
CUNA has decided to temporarily suspend all campaign contributions. Its Political Action Committee is one of the largest contributers to the members of Congress objecting to counting Electoral College votes from Arizona and Pennsylvania.
Interested in what credit unions can expect from Washington in 2021? Here are some predictions.
Former National Credit Union Administration board members and credit union lobbyists speculate on the legislative changes that will occur now that the Democrats will control the Senate.
The National Association of Federally-Insured Credit Unions and the Credit Union National Association have endorsed the National Credit Union Administration’s proposal to codify a 2018 policy statement making it clear that supervisory guidance does not carry the force of law.
Credit Union National Association President/CEO and longtime Republican Jim Nussle renounced his party affiliation late Wednesday after the invasion of the Capitol building.