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News Now

Washington
Cheney addresses ACUC CU issues on iCUbroadcast.comi
WASHINGTON (6/18/12)--Credit Union National Association (CUNA) President/CEO Bill Cheney updated viewers on the latest credit union legislative priorities, and previewed this week's America's Credit Union Conference (ACUC), in a recent CUbroadcast.com interview.

Increasing the credit union member business lending (MBL) cap remains a central issue, and Cheney in the interview called on credit unions to continue to aid the MBL fight. Cheney said credit unions should encourage their small-business-owning members to contact their senators on MBL legislation. "Everybody can do that," he said.



Regulatory burdens also continue to loom large for credit unions, he said, and CUNA is working to address these issues. Expanding capital options for credit unions has been another recent focus, and CUNA continues to watch for any legislation that could impact credit unions' non-profit tax status, Cheney added.

The CUNA leader also addressed the differences between the ACUC and CUNA's yearly Governmental Affairs Conference. While the GAC is mainly a political event, the ACUC is centered on helping credit unions improve their own operations and practices, and strengthening the movement.

America's Credit Union Conference (ACUC) kicked off Sunday afternoon at the San Diego Convention Center. Nearly 1,300 credit union decision makers are scheduled to attend this year's conference, which ends on Wednesday. Up-to-the-minute coverage of the ACUC will be provided by CUNA News Now and CU Magazine staff this week.

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