A time to reflect

Memorial Day is a time to honor those who laid down their life for our country. While we all come from different places and hold different views, our country—like our movement—is stronger because we take an active role in shaping its future. Please join me in honoring those who’ve given their all to defend our right to do so.

Mourning the tragedy in Texas

All of us mourn alongside those in Uvalde, Texas, who experienced unspeakable devastation this week. This comes in the weeks after mass shootings in Buffalo, N.Y. and Laguna Woods, Calif. It’s hard to imagine the pain the parents, families, and community are going through right now, but please take some time to appreciate your loved ones and keep the victims and families in your thoughts in the wake of these tragedies.

Senators introduce bipartisan FCU Act update

A bipartisan group of Senators introduced the Credit Union Board Governance Modernization Act this week, the companion to a House bill introduced during the 2022 CUNA GAC. This bill would allow credit union boards to meet no less than six times per year (down from the current once-per-month requirement). Thank you to the Mountain West Credit Union Association, Tennessee Credit Union League, California Credit Union League, and Carolinas Credit Union League for joining us in this important advocacy effort.

Read more here >

Registration open for Western Small Credit Union Conference

Registration is open for the Western Small CU Conference, July 17–19, in Salt Lake City, Utah. The conference will focus on the most important issues facing small credit unions today—lending and income, technology, and leadership and development—with actionable tools and takeaways that attendees can implement right away. Early bird registration is only $149.

Register today >

Hope Credit Union’s Bynum named to Fed branch board

Congratulations to Hope Credit Union CEO Bill Bynum?who was named to the board of directors of the New Orleans Branch of the Federal Reserve Bank of Atlanta. Branch directors provide economic information from their communities to aid the Federal Reserve discussions on monetary policy. Bill is a fantastic example of the power of the credit union difference, and he’ll be a great asset to the board.

Read more here > ??

More from 360-degree advocacy

• Sixteen credit union supporters in Alabama, Arkansas, and Georgia won their primary elections Tuesday, with several others headed to runoffs next month.?
• We wrote in support of a bipartisan bill that would allow for remote and electronic notarization.?
• We said the creation of a central bank digital currency (CBDC) in the U.S. requires serious, exacting consideration from all parties involved.?
• We made a Freedom of Information Act request to the Consumer Financial Protection Bureau relating to its implementation of section 1071 of Dodd-Frank, which requires collection and reporting of certain lending application data.?
• We wrote to House Financial Services Committee leadership with similar concerns for its hearing on a U.S. CBDC and joined other groups in an additional letter to the committee.?
• We wrote in strong support of Congressional efforts to reauthorize the National Flood Insurance Program through 2027.?
• Federal Housing Finance Agency Acting Director Sandra Thompson was confirmed by the Senate as permanent Director of the agency.?