Continuing transformation conversations
I had a great chat Wednesday during our first virtual forum with CEOs from NAFCU-only credit unions. I appreciated the honest feedback, and I hope to hear from more of you in the upcoming forums [...]
America’s Credit Unions News Archives
Government shutdown: Credit unions are ready to help
The last time Congress couldn’t agree on government funding, it left federal employees, contractors, and others trapped in a 35-day government shutdown without pay. It seems that we are heading in that direction once [...]
NCUA awards $3.1M through expanded CDRLF grants
NCUA awarded $3.1 million in Community Development Revolving Loan Fund grants to 142 low-income and minority depository institutions. “For 2023, Congress provided more funding and allowed MDI-designated credit unions to qualify for CDRLF grants, [...]
Senate Banking Committee passes cannabis banking bill
The Senate Banking, Housing, and Urban Affairs Committee passed the CUNA and League-supported Secure and Fair Enforcement Regulation (SAFER) Banking Act Wednesday with a 14-9 vote. The bill would provide a safe harbor for financial [...]
Meet the 2023 Credit Union Rock Stars
The 2023 Credit Union Rock Stars are here. Announced Monday, Credit Union Magazine’s 11th-annual Rock Star class features 25 credit union innovative, creative credit union professionals. While holding varying roles, living all over the [...]
Senate committee to mark up SAFER Banking Act this week
The House and Senate are in Washington, D.C., this week, and federal government funding is scheduled to expire Sept. 30. The House and Senate are expected to consider various appropriations legislation throughout the week. [...]
Nussle, Berger highlight credit union difference in WSJ letter to the editor
CUNA President/CEO Jim Nussle and NAFCU President/CEO Dan Berger set the record straight on the credit union industry’s tax-exempt status and difference, combatting a recently published Wall Street Journal op-ed by Tax [...]
Nussle, leagues call out harmful interchange bill
CUNA President/CEO Jim Nussle reinforced how the Big Box interchange bill would negatively impact consumers, as Sens. Dick Durbin, D-Ill., Roger Marshall, R-Kan., and Peter Welch, D-Vt. work to stop any legislation from moving [...]
CUNA, NAFCU, DCUC oppose credit card cap amendment to ‘minibus’
CUNA, NAFCU, and the Defense Credit Union Council (DCUC) urged Senate leaders to oppose an amendment to the “minibus” appropriations bill that would cap credit card annual percentage rates at 18%. The organizations note it [...]
Registration open for 2024 Governmental Affairs Conference
Registration is now open for the Governmental Affairs Conference (GAC). The annual conference will be held at the Walter E. Washington Convention Center in Washington, D.C., and online, March 3 – 7, 2024. “This event [...]
Credit unions continue interchange bill amendment opposition
CUNA continues its efforts to prevent the big box interchange bill from being attached to other legislation with a letter to Congressional leaders Friday. Sens. Dick Durbin, D-Ill., and Roger Marshall, R-Kan., are attempting to [...]
Nussle announces leaders for transformation teams
CUNA President/CEO Jim Nussle, who will lead America’s Credit Unions should members approve the proposed merger, provided an update on NAFCU and CUNA staff who will spearhead key transformation teams during the process. [...]
Formulating a bold advocacy strategy
Thank you to NAFCU President/CEO Dan Berger and the entire NAFCU staff for putting on a great Congressional Caucus this week; it was a pleasure to spend a few days together in Washington, D.[...]
FHFA updates public engagement process for updated credit score requirements
The Federal Housing Finance Agency (FHFA) announced additional opportunities for ongoing public engagement to facilitate the transition to updated credit score models and credit report requirements for loans acquired by Fannie Mae and Freddie Mac ([...]
Nussle: A united advocacy message in Washington is powerful
To begin the second day of NAFCU’s Congressional Caucus, CUNA President/CEO Jim Nussle – who will lead the proposed America’s Credit Unions – joined NAFCU Senior Vice President of Government Affairs Greg Mesack for [...]