The consequences of the Big Box Bailout

The consequences of the Big Box Bailout

Our fight against the Big Box Bailout bill is grounded in data. The Durbin Amendment has given us more than a decade’s worth showing that government price caps on interchange fees don’t work. [...]

New research shows 6 negative consequences of Big Box Bailout bill

New research shows 6 negative consequences of Big Box Bailout bill

New interchange research shows legislative efforts to disrupt the “safe, secure and well-functioning credit card system” with the Big Box Bailout bill would hurt people that bill sponsors claim it would benefit, America’s Credit [...]

Nussle meets with credit union supporters on Capitol Hill

Nussle meets with credit union supporters on Capitol Hill

America’s Credit Unions President/CEO Jim Nussle met with several credit union supporters on Capitol Hill Wednesday, including Reps. Scott Fitzgerald, R-Wis., and Brian Fitzpatrick, R-Pa. Both members have introduced credit union supported legislation [...]

Our mission and vision for America’s Credit Unions

Our mission and vision for America’s Credit Unions

Launching a brand-new association to provide a united voice for the credit union industry represents a historic milestone for our movement. Over the past month, America’s Credit Unions Transition Board of Directors has worked [...]

Nussle: Unified voice amplifies credit union advocacy efforts

Nussle: Unified voice amplifies credit union advocacy efforts

Credit unions must work together to amplify advocacy efforts and achieve results for the industry, America’s Credit Unions President/CEO Jim Nussle wrote to members Monday. He wrote that the unified voice of America’[...]

Advocacy team meets with NCUA to encourage CU innovation

Advocacy team meets with NCUA to encourage CU innovation

America’s Credit Unions’ Madison Rose and Andrew Morris met with NCUA Director of Financial Technology and Access Charles Vice Friday, part of the association’s ongoing engagement with policymakers. The Office of Financial Technology [...]

GAC 2024: A new era for America’s Credit Unions

GAC 2024: A new era for America’s Credit Unions

As we embark on a new industry era as America’s Credit Unions, the upcoming 2024 Governmental Affairs Conference (GAC) stands as a historic milestone for the credit union movement. This year’s conference (March [...]

NCUA releases CECL addendum to audit guide

NCUA releases CECL addendum to audit guide

The NCUA released an addendum to its Other Supervisory Committee Audit, Minimum Procedures Guide Thursday, replacing certain procedures for credit unions that have implemented the current expected credit loss (CECL) standard. CECL became effective for [...]

Nussle pens letter on fraud, scams ahead of SBC hearing

Nussle pens letter on fraud, scams ahead of SBC hearing

America’s Credit Unions President/CEO Jim Nussle highlighted the credit union industry’s investment in payment technologies and the role of interchange in fraud prevention in a letter to the Senate Banking Committee (SBC) [...]

Nussle provides credit union perspectives, concerns on AI usage

Nussle provides credit union perspectives, concerns on AI usage

America’s Credit Unions President/CEO Jim Nussle wrote to the Senate Banking Subcommittee on Housing, Transportation, and Community Development ahead of today’s hearing on the usage of AI in the housing industry to [...]

FedNow spotlights use by credit unions

FedNow spotlights use by credit unions

FedNow, the Federal Reserve’s instant payment system, last week profiled HawaiiUSA Federal Credit Union and the impact of instant payments on credit unions and their members. In the profile, HawaiiUSA Federal Credit Union Vice [...]

Interchange is the cost of doing business

Interchange is the cost of doing business

It’s not just credit unions and financial institutions that would be harmed by the Big Box Bailout bill. America’s small businesses – and the Main Streets and consumers who rely on them – stand to [...]