Bill Expanding Credit Union Fields of Membership Passed by House

Bill Expanding Credit Union Fields of Membership Passed by House

On Wednesday, June 15, the House passed the Expanding Financial Access for Underserved Communities Act which will give federal credit unions the ability to expand their fields of membership to include underserved communities, reports CUSO Magazine’s Esteban Camargo.

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New Bill Aims to Prevent the SBA From Becoming a Direct Lender

New Bill Aims to Prevent the SBA From Becoming a Direct Lender

Republicans have introduced a new bill to congress that aims to scale back the Small Business Association’s lending abilities, leaving a gap for credit unions to fill in the lending sphere. Emily Claus details the contents of the bill as well as CUNA’s endorsement of it.

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Is Data Privacy Legislation Coming to Your State?

Is Data Privacy Legislation Coming to Your State?

The privacy of data is becoming increasingly important by the day, and credit unions could find themselves paying a pretty penny for failing to meet regulations. Patrick Sickels reviews data privacy legislation currently on the table and discusses the potential for more.

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Senate Committee Advances E-SIGN Modernization Act of 2020

Senate Committee Advances E-SIGN Modernization Act of 2020

In case you haven’t been following the E-SIGN Modernization Act of 2020, which was introduced earlier this year, John Beauchamp has the skinny on where it sits (and what it changes).

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