America’s Credit Unions President/CEO Jim Nussle wrote to the House Appropriations Subcommittee on Financial Services and General Government and the Senate Finance Committee ahead of its hearings on the president’s fiscal year [...]
America’s Credit Unions Chief Advocacy Officer Carrie Hunt followed the hundreds of congressional meetings at the 2024 Governmental Affairs Conference with a message to Congress highlighting credit unions’ meaningful impact despite concerning proposals and [...]
A core argument made recently against the credit union tax status is “radically wrong,” America’s Credit Unions President/CEO Jim Nussle and MD|DC Credit Union Association President/CEO John Bratsakis posted on LinkedIn [...]
The Treasury’s Community Development Financial Institutions (CDFI) Fund and Office of Civil Rights and Equal Employment Opportunity (OCRE) will conduct a live webinar to assist organizations in understanding the requirements of the CDFI Fund’[...]
The interchange system is under attack, but the arguments are misguided and misdirected. For over a decade, retailers have turned interchange fees into a scapegoat to distract consumers from corporate greed. While big box retailers [...]
This week, America’s Credit Unions hosts three events: Marketing & Business Development Council Conference in Las Vegas, Nev., Internal Audit Certification School with ACUARP in Tempe, Ariz., and Regulatory Compliance School in Arlington, Va. [...]
The number of Americans that are members of credit unions increased to over 142 million in January, according to the recently released America’s Credit Unions’ Monthly Credit Union Estimates. Additionally, the estimates revealed that [...]
The credit union tax status is a responsibility for credit unions to put people over profits, America’s Credit Unions President/CEO Jim Nussle wrote in American Banker. Nussle highlighted that—despite bank falsehoods—the [...]
Total assets at federally insured credit unions rose $88 billion, or 4.1%, to $2.26 trillion over the year ending in the fourth quarter of 2023, according to NCUA’s latest financial performance data. [...]
President Joe Biden’s budget request for fiscal year 2025 contains $325 million for the Treasury’s Community Development Financial Institutions (CDFI) Fund, an increase of $1 million from the 2023 level. Credit unions are [...]
This week, America’s Credit Unions hosts credit union leaders in Savannah, Ga., for the sold-out 2024 Strategic Growth Conference. In addition, the organization will remain engaged on Capitol Hill and will monitor several hearings [...]
Commonwealth Credit Union President/CEO—and America’s Credit Unions Transition Board secretary—Karen Harbin testified before a House Financial Services subcommittee Thursday on behalf of America’s Credit Unions. The hearing covered increasing politicization [...]
Regulatory overreach is impeding credit unions’ ability to improve the financial wellbeing of members and Congress and regulators must take action to reverse this trend, America’s Credit Unions Transition Board Secretary Karen Harbin told [...]
The Federal Reserve’s debit interchange proposal could undermine recent progress in bringing low- and moderate-income (LMI) consumers into the financial services system, a bipartisan group of representatives wrote Federal Reserve Chair Jerome Powell this [...]
Karen Harbin, president/CEO of Commonwealth Credit Union—and secretary of America’s Credit Unions Transition Board—will testify before a House Financial Services subcommittee Thursday on behalf of America’s Credit Unions. During the [...]
