Young professionals and volunteers attending the New York Credit Union Association’s State Governmental Affairs Conference are invited to participate in a special track designed specifically for young credit union advocates.
Continue reading “State GAC will again include young professionals track”
A number of New York lawmakers in both the U.S. House and Senate were among those who signed letters backing a $300 million appropriation for the Community Development Financial Institutions Fund, which administers a range of innovative and effective programs that enable CDFIs to address the needs of underserved markets.
Continue reading “NY lawmakers support $300 million CDFI Fund appropriation”
The state Senate Banks Committee on Thursday passed an important bill that would allow credit unions to participate in the Excelsior Linked Deposit Program. The legislation was introduced and sponsored by committee chairman Sen. James Sanders, D-Metropolitan, and is heading to the Senate floor for a vote.
In a positive development for credit unions, Sen. Elizabeth Warren, D-Mass., dropped a requirement that credit unions face Community Reinvestment Act obligations from a revamped affordable housing bill introduced in Congress.
Continue reading “Warren deletes credit union CRA provision in re-introduced housing bill”
The 2019 CUNA Governmental Affairs Conference concludes today in Washington, D.C. Over the course of four days, thousands of credit union advocates from across the country heard from diverse speakers.
