CUSO Magazine Introduces: Credit Union History Month
CUSO Magazine is thrilled to announce the creation of Credit Union History Month, an event devoted to looking back at the key credit union moments and players that brought our industry to where it is today. Emily Claus shares the purpose of the event, how we’ll be celebrating, and how your credit union can get the most out of it.
House and Senate Committees Put Pressure on NCUA’s Lone Board Member
As the agency currently operates with a one board member quorum, House and Senate committees are questioning the NCUA’s ability to do so and requesting information on its daily functions, reports Emily Claus.
America’s Credit Unions Calls for Succession Planning Rule to Be Rescinded
As the NCUA considers changes to the Succession Planning Rule it issued last year, America’s Credit Unions is calling for the rule to be rescinded and reproposed altogether. Meanwhile, all decisions are likely on hold until the courts rule on former board members Harper and Otsuka’s case, an decision the two are pushing to have handed down before the board reconvenes in July, reports Emily Claus.
Credit Unions and the Underserved: Cannabis Businesses
Though the cannabis industry is skyrocketing, raking in billions each year, many cannabis businesses are still left without proper access to financial services. CUSO Magazine’s Emily Claus sat down with Stacy Litke of Green Check Verified, to learn how credit unions can help support these businesses and what benefits await those who do.
Credit Unions Tracking Several Bills in Congress
With several bills concerning credit union matters under consideration in Congress, Emily Claus clears the confusion and lays out what pieces of legislation credit unions should be keeping their eyes on and why.
NCUA Holds First Board Meeting Since Dismissals
Operating as a one-member board, NCUA Chairman Kyle Hauptman held the organization’s first board meeting since the dismissals of fellow board members Tanya Otsuka and Todd Harper, Emily Claus reports.
Student Loans in the Wake of Department of Education Elimination: An Opportunity for Credit Unions
With the Department of Education on the brink of closing and the student loan system inside of it in a state of confusion and chaos, borrowers are in desperate need of solutions and support. Emily Claus urges credit unions to not only recognize the opportunity in front of them, but to answer borrowers’ call for help and serve as a trusted financial institution during this time.
Credit Unions Secure Major Tax Status Victory
Emily Claus reports that after months of relentless campaigning, credit unions have secured a huge win in the tax exemption fight, as the House Ways and Means Committee reconciliation bill presented today failed to include any changes to the industry’s tax status.
Losing the Language Barrier: Credit Union of Texas Launches Todos Unidos
To better meet the needs of Texas’s underserved Hispanic/Latino population, the Credit Union of Texas has launched Todos Unidos, its Spanish-language brand. Emily Claus sat down with the team to learn more about the creation of the brand and how it meets the needs of their community.
Lawsuit Filed Over NCUA Board Member Firings
Former NCUA Board Members Todd Harper and Tanya Otsuka have filed a lawsuit in response to their early dismissals from the agency by President Trump on April 15th, arguing the move violates the Federal Credit Union Act and is an overreach of executive power, Emily Claus reports.
