Last month, Senators Dick Durbin, D-Ill., and Roger Marshall, R-Kansas, introduced legislation to expand the “Durbin Amendment,” which was enacted in 2010 as part of the Dodd-Frank Act. This NAFCU-opposed ...
Over the past several years, the natural evolution of the banking industry has led to consolidation among many financial institutions. Given the current trajectory of our economy, this is something ...
The May 2022 consumer price index report revealed that inflation rose to its highest level since 1981. Immediately following this report, the Federal Open Market Committee raised the federal funds ...
Because of its egregiously negative impacts on American consumers, the “Durbin Amendment” is one of the biggest legislative failures in recent memory. Part of the 2010 Dodd-Frank Wall Street Reform ...
The National Association of Federally-Insured Credit Unions (NAFCU) is committed to representing, assisting, educating, and informing our member credit unions to help them grow, and help grow the credit union ...
Over the past two years of the pandemic, we’ve seen heightened scrutiny from Congress and regulators regarding discrimination in the home appraisal process. While multiple factors have led to ...
As the past few years continue to reshape the nation’s “normal,” some communities are still feeling disproportionate impacts of the pandemic. Because credit unions were created to help working-class ...
The financial industry has seen a huge boom in technological advancements throughout the years as consumer needs have evolved. Today, financial institutions are embracing new innovations like mobile banking and ...
