WASHINGTON—Buy now, pay later lending continued to expand in 2023, but at a slower pace than in earlier years, as consumers used the products more frequently while delinquencies and charge-offs declined, according to a new CFPB data spotlight on the BNPL market.
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WASHINGTON—The Federal Reserve Board and the CFPB on Monday announced updated dollar thresholds that will determine which consumer credit and lease transactions are covered by Truth in Lending and Consumer Leasing protections in 2026.
WASHINGTON—As the year winds down, America’s Credit Unions said it is stepping up its advocacy push, submitting comment letters to the CFPB, pressing House Financial Services Committee leaders on the operational support credit unions will need as the penny is phased out, and rolling out a year-end video that underscores what the group calls a consequential year for the credit union movement.
WASHINGTON—The Defense Credit Union Council, in partnership with Best Innovation Group, on Monday announced the launch of CU Unplugged, a new industry event aimed at rethinking how credit union leaders collaborate, share ideas, and develop solutions to emerging challenges.
WASHINGTON--The Defense Credit Union Council on Monday provided comments to the Consumer Financial Protection Bureau regarding the agency’s proposed amendments to the Equal Credit Opportunity Act (ECOA) and its implementing Regulation B.
ONTARIO, Calif.—California’s Credit Unions on Monday provided an update on its search for a new president and CEO, outlining the leadership transition timeline and reaffirming its commitment to Fuel Solutions and the organization’s three-state alliance with Nevada’s Credit Unions and Utah’s Credit Unions.
WASHINGTON—As Congress enters the final week of the first session of the 119th Congress, credit union advocates say debates over access to banking, debanking, and housing policy are moving forward with credit unions largely on the margins.
WASHINGTON—As banking trade groups continue to advance what credit unions say are misleading claims about the industry and its not-for-profit tax status, America’s Credit Unions President and CEO Scott Simpson sent an email to congressional offices seeking to “set the record straight.”
WASHINGTON--With new “Trump Accounts” giving consumers another way to save, America’s Credit Unions’ compliance team examined existing statute and where credit unions fit in a recent Compliance Blog post.
WASHINGTON--State policy trends are rapidly reshaping the operating landscape for credit unions, with major activity across data privacy, crypto, interchange, and environmental, social, and government (ESG) restrictions. America’s Credit Unions 2025 State Policy Report breaks down the top trends and provides an anticipated plan for state advocacy efforts alongside league partners in 2026.