The CFPB released a proposal Wednesday that would apply Truth in Lending Act provisions to overdraft services charged by financial institutions with more than $10 billion in assets. America’s Credit Unions strongly opposes efforts [...]
America’s Credit Unions wrote Senate Banking Committee Ranking Member Tim Scott, R-S.C., and Sen. Joe Manchin, D-W.Va., along with Rep. Bryan Steil, R-Wis., to offer support for their bipartisan Business of Insurance [...]
This week, America’s Credit Unions remains engaged on Capitol Hill as lawmakers near the Jan. 19 deadline to secure government funding for four appropriations measures, including Agriculture, Energy, Veterans, Transportation and Housing programs, amongst [...]
Congress returned to Washington, D.C., this week, providing us the opportunity to introduce our new united trade association working on behalf of credit unions. I wrote to members of Congress and the heads of [...]
A Small Business Regulatory Enforcement Act (SBREFA) panel convened by the CFPB shared several recommendations made by America’s Credit Unions regarding the bureau’s Fair Credit Reporting Act (FCRA) proposal. The CFPB published its [...]
A bipartisan group of representatives Wednesday introduced a bill to increase federal credit union loan maturity limits. America’s Credit Unions President/CEO Jim Nussle thanked cosponsors—Reps. Scott Fitzgerald, R-Wis., Juan Vargas, D-Calif., Young [...]
America’s Credit Unions looks to build on the strong foundations of its legacy organizations to ensure credit unions and those they serve can thrive financially. America’s Credit Unions President/CEO Jim Nussle wrote [...]
America’s Credit Unions—as part of a coalition representing nearly 10,000 financial institutions in all 50 states—launched a new campaign to highlight united opposition against big box bailout interchange legislation. The Electronic [...]
Hazelmae Overturf describes herself as a credit union lifer. “I'll be in credit unions in some capacity, if they’ll have me, for as long as I live,” says the director of community impact at $[...]
With Congress back in Washington, D.C., America’s Credit Unions will engage with lawmakers for the first time as a strong, united national trade association. The advocacy team will be active on Capitol Hill, [...]
Not since the Great Recession has financial services seen a year as eventful as 2023. Rather than focusing on the rearview mirror, let’s consider how several major developments will likely play out for credit [...]
This week we officially broke ground on America’s Credit Unions, your united, powerful national trade association. Staff met under our new, inspiring America’s Credit Unions logo, and the days were filled with fantastic [...]
Rep. Blaine Luetkemeyer, R-Mo., announced Thursday he will not run for re-election in 2024. A member of the House Financial Services Committee since his first election to the House in 2009, Luetkemeyer has consistently focused [...]
The CFPB must initiate a Small Business Regulatory Enforcement Fairness Act (SBREFA) review of any potential overdraft and non-sufficient funds (NSF) proposed rules, America’s Credit Unions and other financial services trades wrote to CFPB [...]
America’s Credit Unions is legally active as of Jan. 1, and the organization is at the beginning of a “historic transformation into a new powerhouse national association,” America’s Credit Unions President/CEO Jim [...]
