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WASHINGTON— NAFCU, the Defense Credit Union Council and CUNA have sent a letter to the chairs and ranking members of the House and Senate Armed Services Committees stressing CU opposition to any plans to allow banks access to military facilities. All three organizations are also actively engaged on Capitol Hill on the issue.

WASHINGTON—The CFPB's Credit Union Advisory Council (CUAC) met this week via conference call alongside the Bureau's other advisory councils to discuss two of the Bureau's ongoing efforts related to implementing the Dodd-Frank Act: Section 1071 for small business lending data collection, and section 1033 for consumer access to financial data.

INDEPENDENCE, Iowa—Dupaco Community Credit Union and the Dubuque-based Creative Adventure Lab said they will combine to open the latest in what the credit union is calling an “Innovation Lab.”

SAN JOSE, Calif.–Another forecast is predicting a wave of evictions in the near future.

WASHINGTON– The Consumer Financial Protection Bureau (CFPB) and the Office of the Colorado Attorney General have announced joint, virtual office hours to be held as part of the American Consumer Financial Innovation Network (ACFIN). 

NAPERVILLE, Ill.–Alloya Corporate FCU said it has entered into a new partnership with Toronto-based CaseWare RCM, a provider of financial crime detection and prevention solutions.

MILWAUKEE, Wis.– InterLutions, a CUSO specializing in expense reduction and revenue enhancement, reported it has been able to bring its clients significant cost savings.

WASHINGTON—As the Office of the Comptroller of the Currency (OCC) embraces a bank licensing approach related to non-depository applicants, NAFCU joined with other financial services industry trades and consumer advocacy groups in calling for a longer public comment period on the applications to ensure proper oversight.

WASHINGTON–Even as one forecast has called for mortgage rates to begin rising, new data from Freddie Mac show rates on home loans have hit another “record low,” the 13^th time a new bottom has occurred this year.

Two questions for you. If one was considered an aberration, and two suggests a trend, what in the world will the reality be for Credit Union Land when three rolls around? Or four and five and… And will anyone in the leadership of credit unions ever stand up and actually lead?