CUNA and NAFCU say the legislation is a small step toward regulatory relief for credit unions.
Privacy notification, FHLB access for privately insured credit unions and other half-passed bills in trades' sights.
Bills would grant NCUSIF coverage for IOLTAs, privately-insured credit unions FHLB access, and more input on CFPB rural areas.
Congress has two opportunities this year to reach back to the Main Street voters who elected them. Neither costs taxpayers a dime. Two bills would enable credit unions to provide affordable capital to consumers and to small businesses. It makes sense, then, for Congress to act this year to enact...
The House of Representatives has passed the Jumpstart Our Business Startups Act by a bipartisan vote of 390 to 23, but without any provision for lifting the cap on credit union member business lending.