NCUA lowering normal operating level

At the NCUA’s board meeting on Dec. 13, the board approved lowering the normal operating level (NOL) from 1.39 to 1.38 percent. The NCUA stated the increase in the NOL was necessary while the share insurance fund holds corporate legacy assets and said that the NOL would be phased down to 1.3 percent by 2021. […]

Washington Wire – Dec. 11, 2018

Both the House and Senate are in session this week.  Last week, Congress passed a two-week continuing resolution that funds the federal government and authorizes the National Flood Insurance Program for two weeks – until midnight on Dec. 21.  The House and Senate may vote on farm legislation, as well as H.R. 88, the Retirement, […]

CUNA launches 2019 small CU scholarship contest for GAC

Don’t miss an opportunity to attend the CUNA Governmental Affairs Conference in Washington, D.C., March 10-14. CUNA will award two small credit unions full scholarships via a contest run through the CUNA Small Credit Union Community, sponsored by CUNA Mutual Group. This is the second year for scholarship presentations. The Small Credit Union Community is an […]

Send in your PAC contributions for 2018

Now is the time to send in PAC contributions! Credit unions and chapters are encouraged to send all FedPAC and state PAC donations as soon as possible to meet or exceed their fundraising goals for 2018. These funds help elect credit union friendly candidates to office while also cultivating relationships with lawmakers and increasing access […]

Washington Wire – Dec. 4, 2018

According to the Washington Wire this week, due to President George H.W. Bush’s passing Friday night, the Congressional schedule is very likely to change, and both the House and Senate are in session this week. With government funding expiring on Friday at midnight, the Congress is expected to focus most of its energy on reaching […]

BCFP to host CUAC meeting Dec. 6

The Bureau of Consumer Financial Protection will host its next Credit Union Advisory Council (CUAC) meeting Dec. 6 from 1 p.m. to 3:45 p.m. ET, according to a notice published in the Federal Register. According to the bureau, it will be conducted via conference call, and members will receive the agenda when they RSVP. The CUAC advises the […]