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 [...]
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 [...]
Resolutions to nullify the CFPB’s credit card late fees rule via the Congressional Review Act (CRA) were introduced in the Senate by Sen. Tim Scott, R-S.C., and Rep. Andy Barr, R-Ky., Monday. America’[...]
Congress returns to Washington after a two-week recess, and America’s Credit Unions remains engaged with lawmakers to advance credit union priorities. The House Financial Services Committee will hold a hearing Wednesday to discuss the [...]
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 [...]
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. [...]
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 [...]
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’ [...]
America’s Credit Unions vehemently opposes the CFPB’s proposed rule on overdraft fees, as it will harm community-based credit unions and their members, the organization wrote to the CFPB Monday. The comments were sent [...]
This week, America’s Credit Unions remains hard at work for the credit union industry while Congress is in recess. Additionally, comments are due to the CFPB today for the bureau’s proposed rule to [...]
Credit unions have earned the ability to serve their members through decades of putting people first. Today’s environment means not only supporting pro-credit union policies, but also fighting back against policies that put barriers [...]
Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data for 2023 is now available on the Federal Financial Institutions Examination Council’s (FFIEC) HMDA Platform for approximately 5,089 HMDA filers. The published [...]
A new report from the U.S. Department of the Treasury identifies potential opportunities and risks for artificial intelligence (AI) on the security and resiliency of the financial services sector. The report covers multiple ways [...]
U.S. merchants, Visa, Mastercard and other financial institutions announced a settlement Tuesday in a lawsuit dating back to 2005 over credit card interchange fees. Visa and Mastercard will cap credit card interchange fees into [...]
America’s Credit Unions joined with several organizations to urge the CFPB to abandon its request for comment under the Paperwork Reduction Act (PRA) regarding a proposed new information collection on auto lending, noting the [...]
