Artificial Intelligence has gone from science fiction to a regular fixture in our homes and businesses at a rapid rate, and Congress and policymakers are examining ways to govern its use in financial services and [...]
The Bureau of Economic Analysis Thursday released 2024’s second quarter gross domestic product (GDP) report, which showed an annual rate increase of 2.8% (compared to 1.4% in the first quarter). “GDP exceeded [...]
The Consumer Financial Protection Bureau Wednesday issued a circular to law enforcement agencies and regulators explaining how companies may be breaking the law by requiring employees to sign broad nondisclosure agreements that could deter whistleblowing. [...]
Ahead of the Senate Permanent Subcommittee on Investigations hearing Tuesday on protecting consumers from fraud via Zelle, America’s Credit Unions President/CEO Jim Nussle wrote a letter providing the credit union industry’s perspective. [...]
Credit unions’ future success depends on successful advocacy in every arena, America’s Credit Unions President/CEO Jim Nussle told the World Credit Union Conference (WCUC) Monday morning during his main stage address. “Credit union [...]
America’s Credit Unions released this statement following President Joe Biden’s decision to withdraw from seeking reelection. “America’s Credit Unions is committed to our advocacy efforts on behalf of credit unions and the [...]
I hope to see many of you in Boston for what’s sure to be an incredible event, the 2024 World Credit Union Council Conference. It kicks off Sunday, and I’m excited to celebrate [...]
America’s banks and credit unions urged the Federal Reserve to rescind its proposal to update Regulation II (Reg II) in a comment letter submitted today. The joint letter was submitted by the Bank Policy [...]
Locally owned and operated credit union GTE Financial was among 168 credit unions nationwide named as winners of the prestigious Diamond Awards – the Marketing & Business Development Council’s annual marketing excellence competition. GTE Financial [...]
America’s Credit Unions sent a letter to the CFPB vehemently opposing the bureau’s proposed rule related to overdraft fees as it will harm community-based credit unions and their members. The proposal would amend [...]
America’s Credit Unions President and CEO Jim Nussle presented Crystal Long, president and CEO of GECU in El Paso, Texas, with the 2024 Greg Inman Servant Leadership Award. Long received the recognition during the [...]
The CFPB Tuesday issued its final rule to drastically reduce the safe harbor threshold credit card issuers can charge for late payments to $8. While the rule only applies to issuers that have over 1 [...]
Today, the America’s Credit Unions Transition Board of Directors held its first official meeting since the launch of the new trade association Jan. 1. The board, led by Chair Brian Schools and Vice Chair [...]
Today, Jim Nussle, who will serve as President/CEO of America’s Credit Unions beginning Jan. 1, 2024, announced the Executive Leadership Team for the new association. Nussle has appointed Jill Tomalin to serve as [...]
