NAFCU and CUNA made an exciting announcement this week – the intent to merge and form America’s Credit Unions. This decision was not made lightly. It was a collaborative process, with input from leaders and [...]
Total vehicle sales increased 100,000 annualized units in July and monthly sales levels were up 22.6 percent year over year. NAFCU Economist Noah Yosif analyzed the data in a new Macro Data Flash [...]
CUNA President and CEO Jim Nussle and NAFCU President and CEO Dan Berger Tuesday notified members of both organizations that the associations have signed a Letter of Intent (LOI) to merge and form into a [...]
The Federal Reserve’s July senior loan officer opinion survey (SLOOS) on bank lending practices examined changes in the standards and terms on demand for bank loans to businesses and households generally corresponding to the [...]
A bipartisan group of senators have introduced NAFCU-sought legislation to require the Treasury Secretary or their designee to testify about Community Development Financial Institutions (CDFI) Fund before both the House Financial Services Committee and the [...]
The Senate Thursday passed its version of the fiscal year 2024 National Defense Authorization Act (NDAA) 86-11. The final bill did not include NAFCU-opposed provisions related to interchange or military base lease provisions. NAFCU’s [...]
Congress just wrapped up the final – and jam packed – legislative session before heading back to their states and districts for the August recess. While Washington, D.C., may become a ghost town, NAFCU is full [...]
The Federal Open Market Committee (FOMC) wrapped up its July meeting yesterday afternoon, during which the FOMC elected to hike the federal funds rate target within the range of 5.25 to 5.50 percent. [...]
Prudent budget management is essential for financial security and prosperity. Credit unions help American families achieve this, and they practice what they preach by responsibly managing their institutions’ portfolios to ensure a strong bottom line [...]
Last week, the National Credit Union Administration (NCUA) held its July board meeting, which featured a unanimous vote by the board to approve a final rule which will implement the Credit Union Governance Modernization Act ([...]
The oral arguments for the CFSA v. CFPB Supreme Court case have been scheduled forOct. 3.Earlier this month, NAFCU, CUNA, and the American Association of Credit Union Leagues (AACUL) filed ajoint amicus brief in [...]
The Federal Reserve Thursday announced its FedNow Service is live. “Banks and credit unions of all sizes can sign up and use this tool to instantly transfer money for their customers, any time of the [...]
The CFPB has dozens of financial education resources available for financial institutions and others to easily share with consumers. The resources cover fraud prevention, elder financial abuse, healthy credit habits, tips for opening accounts, youth [...]
Join Carrie Hunt, President and CEO of the Virginia Credit Union League, for a discussion about state versus federal advocacy and policy priorities from state regulators and lawmakers versus the federal level. Dive into specific [...]
NAFCU President and CEO Dan Berger Tuesday presented the keynote address at the African-American Credit Union Coalition’s (AACUC) 25th Anniversary Annual Conference in Atlanta, Ga. In his remarks, Berger discussed how NAFCU fights to [...]
