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 [...]

Nussle: NCUA 3rd-party vendor authority could increase agency’s budget

Nussle: NCUA 3rd-party vendor authority could increase agency’s budget

America’s Credit Unions President/CEO Jim Nussle Thursday wrote to the House Financial Services Committee, outlining concerns with the Strengthening Cybersecurity for the Financial Sector Act, which would grant the NCUA with additional authority [...]

High-stakes financial well-being

High-stakes financial well-being

Financial well-being isn’t just about dollars and cents. “It's really about building members’ confidence and how they feel about their finances—how they spend, save, borrow, and plan,” says Chris Wolgamott, director of financial [...]

America’s Credit Unions ‘sets record straight’ on ICBA attack

America’s Credit Unions ‘sets record straight’ on ICBA attack

Tackling “ongoing tired attacks on credit unions,” America’s Credit Unions President/CEO Jim Nussle wrote to Congress Wednesday to address misleading messages from the Independent Community Bankers of America’s (ICBA) that rehash false [...]

Nussle meets with NCUA board members, outlines advocacy priorities

Nussle meets with NCUA board members, outlines advocacy priorities

America’s Credit Unions President/CEO Jim Nussle and several members of the association’s Advocacy Team met Tuesday with NCUA Vice Chairman Kyle Hauptman and Board Member Tanya Otsuka to advocate for America’s [...]

Credit, liquidity risk top NCUA’s 2024 supervisory priorities

Credit, liquidity risk top NCUA’s 2024 supervisory priorities

NCUA issued a Letter to Credit Unions Monday outlining the agency’s supervisory priorities for 2024: credit risk, liquidity risk, consumer financial protection, information security, and interest rate risk. These represent the “areas posing the [...]