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CUNA and NAFCU warn lawmakers unless there's an extension, many PPP loan approvals won't happen by the end of March deadline.
The bill also requires credit unions to provide written justification for why they are denying a person or business financial services.
"After such a considerable investment of time and money, it is reasonable to ask when this initiative will finally come to fruition."
The tally of one new charter last year and two planned for this year is "quite frankly, unacceptable," Hood says.
Harper says there are cases where examiners found weaknesses in credit union compliance management systems.
Chopra does not address whether the CFPB should be governed by a single director or commission, as credit union groups want.
Credit union leaders should expect some changes as confirmation hearings begin for a possible new head of the CFPB.
NAFCU's Curt Long believes the dip below 1.30% is deceptive since it doesn't consider forthcoming CU capitalization deposits.
NAFCU and CUNA send letters asking Congress to support the needs of small businesses around the country.
Postal banking is back on the table for Congress, again. And CUNA's Jim Nussle raises his concerns, again.
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Toomey Presses NCUA's Harper on New Examination Rollout", "byline": "David Baumann", "kicker": "News", "prettyDate": "March 04, 2021", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/david-baumann/", "name": "David Baumann" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "\"After such a considerable investment of time and money, it is reasonable to ask when this initiative will finally come to fruition.\"", "body": null }, { "uri": "/2021/03/03/hood-hauptman-place-priority-on-making-it-easier-to-start-a-credit-union-cuna-gac/", "title": "Hood, Hauptman Place Priority on Making It Easier to Start a Credit Union: CUNA GAC", "byline": "David Baumann", "kicker": "News", "prettyDate": "March 03, 2021", "timeToRead": "3 minute", "image": { "uri": "https://images.cutimes.com/contrib/content/uploads/sites/413/2021/03/Rodney-Hood-speaking-at-GAC.jpg", "width": "620", "height": "356" }, "authors": [ { "webUrl": "/author/profile/david-baumann/", "name": "David Baumann" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The tally of one new charter last year and two planned for this year is \"quite frankly, unacceptable,\" Hood says.", "body": null }, { "uri": "/2021/03/02/cu-examination-prove-need-for-consumer-protection-exams-harper-at-gac/", "title": "CU Examinations Prove Need for Consumer Protection Exams: Harper at GAC", "byline": "David Baumann", "kicker": "News", "prettyDate": "March 02, 2021", "timeToRead": "3 minute", "image": { "uri": "https://images.cutimes.com/contrib/content/uploads/sites/413/2021/03/Todd-Harper-at-GAC.jpg", "width": "620", "height": "361" }, "authors": [ { "webUrl": "/author/profile/david-baumann/", "name": "David Baumann" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Harper says there are cases where examiners found weaknesses in credit union compliance management systems.", "body": null }, { "uri": "/2021/03/02/key-senate-republican-blasts-cfpb-management-nominee/", "title": "Key Senate Republican Blasts CFPB Management, Nominee", "byline": "David Baumann", "kicker": "News", "prettyDate": "March 02, 2021", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/david-baumann/", "name": "David Baumann" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Chopra does not address whether the CFPB should be governed by a single director or commission, as credit union groups want.", "body": null }, { "uri": "/2021/03/01/cfpb-nominee-likely-to-face-stiff-questioning-as-administration-signals-shift/", "title": "CFPB Nominee Likely to Face Stiff Questioning, as Administration Signals Shift", "byline": "David Baumann", "kicker": "News", "prettyDate": "March 01, 2021", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/david-baumann/", "name": "David Baumann" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Credit union leaders should expect some changes as confirmation hearings begin for a possible new head of the CFPB.", "body": null }, { "uri": "/2021/02/26/nafcu-tells-congressional-committees-that-no-sif-premium-is-needed/", "title": "NAFCU Tells Congressional Committees That No SIF Premium Is Needed", "byline": "David Baumann", "kicker": "News", "prettyDate": "February 26, 2021", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/david-baumann/", "name": "David Baumann" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "NAFCU's Curt Long believes the dip below 1.30% is deceptive since it doesn't consider forthcoming CU capitalization deposits.", "body": null }, { "uri": "/2021/02/25/more-ppp-money-will-be-needed-to-help-recovery-nussle-tells-congress/", "title": "More PPP Money Will Be Needed to Help Recovery, Nussle Tells Congress", "byline": "David Baumann", "kicker": "News", "prettyDate": "February 25, 2021", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/david-baumann/", "name": "David Baumann" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "NAFCU and CUNA send letters asking Congress to support the needs of small businesses around the country.", "body": null }, { "uri": "/2021/02/24/its-groundhog-day-postal-banking-remerges/", "title": "It's Groundhog Day: Postal Banking Remerges", "byline": "David Baumann", "kicker": "News", "prettyDate": "February 24, 2021", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/david-baumann/", "name": "David Baumann" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Postal banking is back on the table for Congress, again. And CUNA's Jim Nussle raises his concerns, again.", "body": null } ] } }
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