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Regulatory Burden

Credit unions face a crisis of creeping complexity with respect to regulatory burden. Every dollar a credit union spends on complying with regulation is a dollar that is not used for the benefit of its members. Most of the costs of compliance do not vary by size, and therefore proportionately are a much greater burden for smaller as opposed to larger institutions.

Regulatory Burden Talking Points

Quarterly Pressing Issues Call [Download Presentation] March 2013
Letter in Support of the Credit Union Regulatory Relief Act

Joint Letter from CUNA and NAFCU to NCUA Board, Requesting 90 Day Comment Extension on RBC Proposal - 2/28/14

Letter to NCUA Chairman Matz from CUNA CEO Bill Cheney - 11/18/13

CUNA Testimony

Testimony of Rose Bartolomucci, President and CEO of Towpath Credit Union- 12/4/13
House Subcommittee on Financial Institutions and Consumer Credit

Testimony of Pamela Stephens, President and CEO of Security One Federal Credit Union- 4/10/13
House Subcommittee on Financial Institutions and Consumer Credit

Testimony of Tom Brewer, President & CEO of People Federal Credit Union- 08/20/12
House Subcommittee on Financial Services and Consumer Credit

Testimony of Douglas Fecher, President & CEO of Wright- Patt Credit Union- 07/24/12
House Subcommittee on TARP, Financial Services and Bailouts of Public & Private Programs

Testimony of Terry West , President & CEO of VySter Credit Union- 05/09/12
House Subcommittee on Financial Services and Consumer Credit

Testimony of Stan Barnes, President & CEO of CSE Federal Credit Union– 04/16/12
House Subcommittee on Financial Services and Consumer Credit

Testimony of Suzanne B. Longson, VP of Business Development and Community Relations for SCE Federal Credit Union- 03/15/12
House Subcommittee on Financial Services and Consumer Credit

Testimony of Maria J. Martinez, President & CEO if Border Federal Credit Union- 03/14/12
House Subcommittee on Financial Services and Consumer Credit

Testimony of Bill Cheney, President & CEO of Credit Union National Association- 11/16/11
House Subcommittee on Financial Services and Consumer Credit and Subcommittee on Capital Markets and Government Sponsored Enterprises

Testimony of Mark Willer, CEO of Royal Credit Union– 10/31/11
House Subcommittee on Financial Services and Consumer Credit

Testimony of Patricia Wesenberg, President & CEO of Credit Central City Credit Union- 10/31/11
House Subcommittee on Financial Services and Consumer Credit

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