WASHINGTON–More than 20,000 messages have been sent over a 10-day period by credit unions to members of Congress expressing opposition to an interchange bill introduced by Sens. Dick Durbin (D-IL) and Roger Marshall (R-KS). The bill would allow merchants to route payments through an unaffiliated network.
Fresh Today
WASHINGTON–The Credit Union Legislative Action Council (CULAC) and its state-level associations have invested $272,000 to back 41 different candidates in this week’s primaries. Those include seven open seat races.
MADISON, Wis.–CUNA has found new office space in its long-time home in Madison, Wis.
ARLINGTON, Va.—NAFCU has announced the eight winners of its 2022 Annual Awards, which honor member credit unions and credit union professionals and volunteers for excellence and achievement in the industry.
WASHINGTON—The Department of Defense has released its Report to the Senate Armed Services Committee and House Armed Services Committee on Access to Financial Institutions on Military Installations.
RANCHO CUCAMONGA, Calif. – Co-op Solutions said it will be a sponsor of the 2022 Presidents Cup golf tournament and will donate a portion of its allotment of tickets for credit union leaders and all benefits of sponsorship towards fundraising on behalf of Children’s Miracle Network Hospitals.
WASHINGTON–The FDIC has sent letters to five companies alleging “false and misleading” statements that their stock or crypto-based products carry federal deposit insurance. One of the companies even uses “FDIC” in its online domain name.
SACRAMENTO, Calif.–The California and Nevada Credit Union Leagues is crediting nearly 600 credit union representatives for making calls and making contact with legislators over a 48-hour period and helping to stop a bill from moving forward in the California State Assembly.
LAUREL, Mont.–SEG Federal Credit Union has named a new president and CEO.
ARLINGTON, Va.–NAFCU will host a webinar today titled “Managing Climate Change Risk Within the ERM Program.”
