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The Credit Union Advocates

  • Update on CECL delay and what’s ahead for Kansas and Missouri credit unions

    Jul
    19
    Update on CECL delay and what’s ahead for Kansas and Missouri credit unions

    With a new proposal from the Financial Accounting Standards Board (FASB), credit unions will likely have a delay in implementation for CECL – the Current Expected Credit Loss standard. On July 17, FASB agreed to propose a one-year delay in the implementation date for the CECL standard.

    Posted By Amy McLard read more
  • Financial Institutions Data Match Program now mandatory in Missouri

    Jul
    15
    Financial Institutions Data Match Program now mandatory in Missouri

    Missouri Governor Mike Parson signed House Bill 397 on Friday, making it mandatory for financial institutions – including credit unions – to participate in the Financial Institution Data Match Program.  We kept you posted on the progress of this measure as it moved through the Missouri General Assembly.  With the Governor’s signature, mandatory compliance officially becomes law on August 28, 2019.

    Posted By Ian Dunlap read more
  • Credit Union Leaders Meet with U.S. Rep. Blaine Luetkemeyer

    Jul
    01
    Credit Union Leaders Meet with U.S. Rep. Blaine Luetkemeyer

    Credit union leaders serving members in Missouri’s Congressional District 3 met with U.S. Rep. Blaine Luetkemeyer (R-MO District 3) in Jefferson City on June 28.

    Posted By Amy McLard read more
  • Advocacy Trainings Come to You!

    Jul
    01
    Advocacy Trainings Come to You!

    We only have three trainings left this year! Whether you are a seasoned credit union advocate or new to talking with lawmakers – there’s something to learn and bring back to your credit union and team! Credit unions’ biggest strength is our people.These training sessions are designed to help credit union staff, volunteers and members be ready to respond when grassroots action is needed and engage in ways that help credit unions move forward.

    Posted By Morgan Householder read more
  • Be a Superhero at this Year's CUPAC Silent Auction

    Jul
    01
    Be a Superhero at this Year's CUPAC Silent Auction

    A fun event at our Convention and Annual Meeting is our annual CUPAC Silent Auction.  CUPAC – the Credit Union Political Action Committee - supports credit union-friendly candidates and makes sure credit unions are at the table in political action. 

    Posted By Morgan Householder read more
  • Updating the Credit Union Charter - Your Feedback Needed!

    Jul
    01
    Updating the Credit Union Charter - Your Feedback Needed!

    HCUA’s Advocacy Team assesses issues, analyzes opportunities and works to file bills and amendments to move credit unions forward in our state legislatures. Now that session has wrapped up, your feedback is needed to move ahead for a clear credit union vision in 2020! 

    Posted By Ian Dunlap read more
  • Governor Parson Signs $29.66 Billion State Operating Budget for FY 2020

    Jun
    17
    Governor Parson Signs $29.66 Billion State Operating Budget for FY 2020

    Missouri Governor Mike Parson signed the $29.66 billion state operating budget for fiscal year 2020 into law on June 10. The newly signed budget did not make any major changes for the Division of Credit Unions.

    Posted By Ian Dunlap read more
  • Kansas 2019 Legislative Wrap-Up

    Jun
    03
    Kansas 2019 Legislative Wrap-Up

    The Kansas Legislature wrapped up its 2019 legislative session on May 29. Out of the 660 bills introduced this year, only 10% - 68 bills - made it through the process to become law. Our Credit Union Modernization Act was among them. 

    HCUA reviewed and monitored a total of 74 bills that had the potential to impact Kansas credit unions and their members. Read more to see the key issues we took the lead to address this session

    Posted By Stephanie Mullh... read more
  • Missouri 2019 Legislative Wrap-Up

    Jun
    03
    Missouri 2019 Legislative Wrap-Up

    The Missouri General Assembly wrapped up their 2019 legislative session in Jefferson City on Friday, May 17.  Approximately 1,990 bills and resolutions were introduced for the legislative session, but only 102 bills were truly agreed and finally passed (5%). Governor Mike Parson has until July 14 to sign, veto or let bills become law without his signature. 

    During the legislative session, HCUA reviewed all bills and resolutions filed and specifically monitored 92 bills on behalf of Missouri credit unions. While several issues didn’t make it over the finish line due to controversial issues taking up considerable time at the end of session, the 2019 legislative session was successful for credit unions. Read more to see some of the key bills.

    Posted By Ian Dunlap read more
  • Credit Union Leaders Meet with Federal Lawmakers

    Jun
    03
    Credit Union Leaders Meet with Federal Lawmakers

    We’ve wrapped up a busy week meeting with federal lawmakers in Kansas and Missouri. 

    Posted By Morgan Householder read more

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