WASHINGTON—The political pitch to raise the credit union member business lending cap are claims that doing so will spur job growth. According to credit union executives that attended this year’s Governmental Affairs Conference, that claim is more than just wishful thinking.
WASHINGTON—No issue at this year’s GAC was more polarizing than the new Consumer Financial Protection Bureau. Speakers, particularly politicians, were either completely against it or completely for it, depending upon which party they represented.
WASHINGTON—Credit unions necessarily involve risk. That is inescapable, said the panelists at a well-attended breakout at CUNA's Governmental Affairs Conference. The other, sharp side of that reality is that the NCUA has made it plain how the boards of directors oversee the risks faced by their credit unions will...
WASHINGTON—Despite the loss of interchange income and mounting compliance requirements, overall credit unions feel more confident about their future than in recent years. CUNA President/CEO Bill Cheney opened GAC last week by telling member credit unions that the cooperatives are on the rise thanks to recovering financials and unprecedented media...
WASHINGTON—"We have done many things well, some less so," said Mark Meyer, CEO of Filene Research, in what was the closing general session talk at CUNA's GAC conference.
PSCU Financial Services has shortened its name and lengthened its product list.
WASHINGTON—Robert Schumacher, longtime National Credit Union Foundation leader and volunteer, was a surprise recipient of an Anchor Award at the annual dinner honoring people and institutions that have exhibited particular leadership and innovation. Past Anchor Award winners have included former NCUA Board Chairman Dennis Dollar and the leaders of the...
In this preview of a GAC article from next week's print edition, CUNA's Bill Cheney, NCUA Board Chair Debbie Matz and others hold forth.
Here are images from Wednesday's final day session at the CUNA Governmental Affairs Conference.
WASHINGTON — The plight of postal credit unions, now facing tough decisions on branch closings and member assistance, was on the minds of some GAC attendees.