Draft data privacy legislation needs improvements before advancing

Draft data privacy legislation needs improvements before advancing

Draft data privacy legislation addresses several areas of interest for America’s Credit Unions, but it falls short of addressing many credit union concerns, President/CEO Jim Nussle wrote to a House Energy and Commerce [...]

Postal banking is beyond USPS purpose, powers

Postal banking is beyond USPS purpose, powers

America’s Credit Unions President/CEO Jim Nussle urged the U.S. Postal Service (USPS) to end its experiment in postal banking and “return its focus to the core mission of making sure Americans get [...]

Nussle: Credit unions are working to protect Americans’ data

Nussle: Credit unions are working to protect Americans’ data

America’s Credit Unions President/CEO Jim Nussle appeared on Charlotte news station WCNC to discuss how credit unions are working to protect American consumers’ sensitive data. Nussle emphasized that interchange fees are an integral [...]

Emphasizing the credit union impact of policy changes

Emphasizing the credit union impact of policy changes

It was a busy week engaging with policymakers in Washington, D.C., as our advocacy team met with members of the Federal Reserve Board—including Chair Jerome Powell—and the Federal Communications Commission (FCC). We’[...]

Nussle calls for funding of international credit union priorities

Nussle calls for funding of international credit union priorities

America’s Credit Unions wrote to several House and Senate committees this week in support of international credit union priorities as Congress considers funding for the U.S. Agency for International Development (USAID). America’s [...]

Nussle, Hunt discuss TCPA consent revocation rules with FCC’s Starks

Nussle, Hunt discuss TCPA consent revocation rules with FCC’s Starks

America’s Credit Unions President/CEO Jim Nussle and Chief Advocacy Officer Carrie Hunt Wednesday met with Federal Communications Commission (FCC) Commissioner Geoffrey Starks to provide the credit union perspective on the FCC’s final [...]

Proposed auto loan data collection is beyond CFPB’s authority

Proposed auto loan data collection is beyond CFPB’s authority

The CFPB’s proposed annual collection of auto loan data points is beyond the bureau’s statutory authority, America’s Credit Unions and other trade organizations wrote to leaders of the Senate Banking and House [...]

CFPB continues to overstep with overdraft

CFPB continues to overstep with overdraft

We submitted comments this week strongly opposing the CFPB’s latest proposal on overdraft fees, calling on the bureau to rescind the proposal or exempt credit unions entirely (which the Dodd-Frank Act permits it to [...]

Credit unions meet with Fed staff on interchange proposal concerns

Credit unions meet with Fed staff on interchange proposal concerns

America’s Credit Unions’ Madison Rose, Mountain America Credit Union President/CEO Sterling Nielsen, and financial services organizations met with staff from the Federal Reserve Thursday to discuss the Fed’s debit card interchange proposal. [...]

2024 CDRLF grant applications to open May 1

2024 CDRLF grant applications to open May 1

The NCUA will open the first round of 2024 Community Development Revolving Loan Fund (CDRLF) grants to low-income-designated credit unions May 1, according to a press release from the agency Wednesday. The agency noted minority [...]

Members recognize credit unions’ consumer-friendly approach

Members recognize credit unions’ consumer-friendly approach

Updated data from America’s Credit Unions’ Consumer Pulse Survey shows the credit union difference resonates with members, including those of key demographic groups, according to the latest Economic Update from America’s Credit Unions’ [...]