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Comment Letter

MCUA Submits Comments on FRB's Reg CC Proposal

May
05
MCUA Submits Comments on FRB's Reg CC Proposal

The Missouri Credit Union Association (MCUA) submitted a comment letter on May 2, 2014, on the Federal Reserve Board’s (Board) Regulation CC proposed rule. MCUA generally supports efforts to improve the check clearing process and to account for the shift toward full

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CUNA Urges Credit Unions to Weigh-in on RBC Proposal

May
05
CUNA Urges Credit Unions to Weigh-in on RBC Proposal

The Credit Union National Association (CUNA) needs your help to make sure the National Credit Union Administration (NCUA) receives at least 1,000 comment letters on the risk-based capital (RBC) proposed rule. Commenting is easy, just click here for an automated letter-writing tool.

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Cybersecurity Update: NIST Preliminary "Critical Infrastructure" Cyber Framework

Nov
01
Cybersecurity Update: NIST Preliminary "Critical Infrastructure" Cyber Framework

Last week, the National Institute for Standards and Technology (NIST) issued a new request for comment on the preliminary version of its cybersecurity framework to implement parts of the President’s Executive Order on “critical infrastructure” cybersecurity

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MCUA Files Comment Letter on Charitable Donation Accounts

Oct
22
MCUA Files Comment Letter on Charitable Donation Accounts

Charitable Donation Accounts (CDAs) are hybrid charitable and investment vehicles. They must primarily benefit a charity, such as the National Credit Union Foundation. However, the accounts would also allow federal credit unions to make investments that are otherwise prohibited and could have a higher return as long as the majority of the returns are provided to charities.

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MCUA Comments on CFPB Telephone Survey Regarding Dispute Resolution Provisions

Aug
12
MCUA Comments on CFPB Telephone Survey Regarding Dispute Resolution Provisions

On August 6, 2013, the Missouri Credit Union Association (MCUA) filed a comment letter on the Consumer Financial Protection Bureau's (CFPB) request for approval by the Office of Management and Budget (OMB) for the CFPB to conduct a telephone survey.

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MCUA Sends NCUA Regulatory Review Comment Letter

Aug
06
MCUA Sends NCUA Regulatory Review Comment Letter

The Missouri Credit Union Association (MCUA) sent the National Credit Union Administration (NCUA) a comment letter on Aug. 5, 2013 detailing changes to regulations that NCUA has under review for 2013. NCUA annually reviews one-third of the agency’s regulations, resulting in all of the agency’s regulations being reviewed every three years.

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MCUA & DCUC Submit Comments to DoD

Aug
05
MCUA & DCUC Submit Comments to DoD

Late last week, the Missouri Credit Union Association (MCUA)  and the Defense Credit Union Council (DCUC) filed a comment letter with the Department of Defense (DoD) on the DoD’s advanced notice of proposed rulemaking regarding enhancement of the protect

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MCUA Comments to NACHA on Third-Party Clarifications

Jul
01
MCUA Comments to NACHA on Third-Party Clarifications

Last week, the Missouri Credit Union Association (MCUA) submitted a comment letter to NACHA—The Electronic Payments Association—regarding the clarification of third-parties in the ACH Network.

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MCUA Files Letter with the FASB—Credit Loss Proposal Will Hurt Credit Unions

Jun
03
MCUA Files Letter with the FASB—Credit Loss Proposal Will Hurt Credit Unions

The Missouri Credit Union Association (MCUA) strongly opposes a proposal to change the methodology for recognizing and reporting credit impairment.  In a comment letter filed last week, MCUA urged the Financial Accounting Standards Board (FASB) not to proceed with its proposed accounting standards update.

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MCUA Supports Changes to SBA's 504 and 7(a) Loan Programs

Apr
29
MCUA Supports Changes to SBA's 504 and 7(a) Loan Programs

Last Friday, April 26, 2013, the Missouri Credit Union Association filed a comment letter with the Small Business Administration (SBA) in support of proposed changes to the agency’s 504 and 7(a) Loan Programs.

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