America’s Credit Unions Press Archives

66 credit union-backed candidates win primaries

WASHINGTON, DC (June 8, 2022) — Credit unions earned 66 wins in primary races across California, Iowa, Mississippi, New Jersey, New Mexico, and South Dakota Tuesday. The Credit Union Legislative Action Council (CULAC) and state credit union leagues have backed 156 victorious credit union-friendly candidates ...

CUNA launches targeted support campaign for Rep. Davis

WASHINGTON, DC (June 6, 2022) — CUNA, in conjunction with the Illinois Credit Union League, launched a targeted member communications campaign supporting Rodney Davis, R-Ill., for Congress. Davis, a longtime credit union champion running for a sixth term in the U.S. House of Representatives, ...

CUNA Research: Consumer demand continues to boost job growth

WASHINGTON, DC (June 3, 2022) — Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement in response to the Labor Department’s May Employment Situation: “Nonfarm employment increased in May, continuing large gains from previous months. The unemployment rate remains ...

CUNA releases May Economic Update

WASHINGTON, DC (June 1, 2022) — In the May 2022 CUNA Economic Update, Chief Economist Mike Schenk discusses the overall health of the economy, the Federal Reserve’s next steps, and the stock market. Highlights from the most recent update include: First-quarter GDP results showed ...

Bipartisan Credit Union Board Modernization Act introduced in Senate

WASHINGTON, DC (May 26, 2022) — Senators Kyrsten Sinema, D-Ariz.; Bill Hagerty, R-Tenn.; Alex Padilla, D-Calif.; and Thom Tillis, R-N.C. introduced a bipartisan bill Thursday to update credit union board meeting requirements. “Thank you to Sens. Sinema, Hagerty, Padilla, and Tillis for their bipartisan ...

16 more credit union champions triumph in primaries

WASHINGTON, DC (May 25, 2022) — Sixteen more credit union champions triumphed in primary elections across Alabama, Arkansas, and Georgia on Tuesday. This year, 89 credit union champions have successfully advanced to the November general election. Credit Union Legislative Action Council (CULAC), Credit Union National ...

Kandie Stroud joins CUNA as Director of Media Relations

WASHINGTON, DC (May 23, 2022) — Credit Union National Association (CUNA) announced today that Kandie Stroud is joining the Strategic Communications team as their Director of Media Relations. Stroud previously served as President of Stroud & Associates, LLC, a boutique communications firm she founded in ...

House committee passes landmark credit union field of membership bill

WASHINGTON, DC (May 18, 2022) — The House Financial Services Committee voted today to approve the CUNA/League-led H.R 7003, the Expanding Financial Access for Underserved Communities Act, by a 27-22 vote. The bill represents the most significant proposed update to the Federal Credit ...

29 credit union champions succeed in primaries

WASHINGTON, DC (May 18, 2022) — Twenty-nine credit union champions succeeded in primary elections across five states, Tuesday. They were supported by the Credit Union Legislative Action Council, Credit Union National Association’s (CUNA) political action committee (PAC), and credit union Leagues in Idaho, Kentucky, ...

CUNA Research: Housing, travel, and cars boost April’s Core Price Index

WASHINGTON, DC (May 11, 2022) — Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement in response to the Labor Department’s April Consumer Index Report: “April's core price index, which excludes food and energy, accelerated after a March slowdown ...

Mary Ann Pusateri named 2022 Credit Union Hero of the Year

WASHINGTON, DC (May 9, 2022) — Mary Ann Pusateri, CEO of Partnership Financial Credit Union in Morton Grove, Ill., is Credit Union Magazine’s 2022 Credit Union Hero of the Year, sponsored by Symitar. "Mary Ann Pusateri's career exemplifies how credit unions' unique cooperative abilities ...

CUNA backs Britt for Senate with six-figure communications push

WASHINGTON, DC (May 9, 2022) — Credit Union National Association (CUNA) is coordinating with League of Southeastern Credit Unions & Affiliates (LSCU) on a six-figure targeted member communications campaign in support of Katie Britt for U.S. Senate. Britt is a former chief of staff ...

CUNA Research: April jobs stronger than expected

WASHINGTON, DC (May 6, 2022) — Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement in response to the Labor Department’s April Employment Situation: “The economy added more jobs in April than expected fueled by employment gains across several ...

CUNA’s Nussle responds to senate interchange hearing

WASHINGTON, DC (May 4, 2022) — Credit Union National Association (CUNA) President/CEO Jim Nussle issued the following statement ahead of today’s Senate Judiciary Committee hearing on credit card interchange fees led by Sen. Richard Durbin, D-Ill. “Today’s hearing is nothing more than ...