Nearly 100 credit union advocates from Kansas and Missouri from 32 different credit unions will head to Washington, D.C. for the Credit Union National Association’s Governmental Affairs Conference, February 26-March 2.
Washington’s excessive, one-size-fits-all regulations are not working for America’s credit unions and the consumers they serve. Now is the time to make sure Congress gets the message that excessive Washington regulations are squeezing an already-burdened American middle class.
The Heartland Credit Union Association (HCUA) is working with the Credit Union National Association and other credit union leagues in a national advocacy campaign plan to target excessive regulations that hurt credit unions and our members. The national effort will roll out in January. You, your staff and your volunteers can help us get the ball rolling in advance of the 2017 legislative session.
CUNA's Governmental Affairs Conference is February 26 - March 2, 2017, and the deadline to reserve a room in the HCUA GAC hotel room block is December 14. Complete information can be found on the GAC room block page.
August 22 is the deadline for comment letters regarding the Consumer Financial Protection Bureau’s (CFPB) proposed arbitration rule. The proposed rule would eliminate arbitration clauses that are routinely included in many contracts for consumer financial products. These arbitration clauses can protect credit unions from class action lawsuits when requiring arbitration as an alternative dispute resolution process.
The impact of regulatory burden is significant on credit unions in Kansas and Missouri. Credit union leaders from both states are bringing this message to Washington, D.C. for the Heartland Credit Union Association’s (HCUA) first official Hike the Hill on June 14-16.
The Heartland Credit Union Association (HCUA) urges Kansas and Missouri credit union advocates to contact the Federal Accounting Standards Board (FASB) with concerns about its Current Expected Credit Loss (CECL) proposal. The CECL proposal changes the way credit unions determine losses.