CUNA Headlines

Credit Union National Association News Now Headlines
  1. NEW: Broad House data security bill introduced with strong CUNA support

    WASHINGTON (5/1/15, UPDATED 12:22 p.m. ET)--A bill that would establish a national data security standard was introduced this morning, and has CUNA's strong support. The Data Protection Act of 2015 was introduced by Reps. Randy Neugebauer (R-Texas) and John Carney (D-Del.), and would establish a process for companies of all sizes to follow in order to secure consumer data.
  2. CUNA-sought changes in NCUA final FOM rule: Input sought on IOLTAs

    The National Credit Union Administration board approved its final associational common bonds rule Thursday, a rule that included a number of CUNA-suggested improvements from the original proposal.
  3. CUNA assesses House, Senate patent assertion legislation

    CUNA remains concerned about a very narrow definition of "bad faith" for patent assertion letters that would trigger enforcement actions under the Targeting Rogue and Opaque Letters Act. The House Energy and Commerce Committee approved the bill 30-22 this week.
  4. CU Youth Month goes out with a roar

    CUNA expanded its annual youth financial literacy campaign to a full month this year, and the response from credit unions was overwhelming for the new National Credit Union Youth Month.
  5. New Senate bill tackles merchant data protections

    A coalition of six Democratic senators introduced a data protection bill Thursday that would, in part, require companies that store sensitive personal or financial information on 10,000 customers or more to meet specified consumer privacy and data security standards to keep this information safe, and notify the customer within 30 days of a breach.


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