WASHINGTON--Bringing credit union priorities directly to the White House, America’s Credit Unions President/CEO Scott Simpson and Head of Regulatory Advocacy James Akin met with White House Office of Public Liaison Director Jim Goyer Friday.
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WASHINGTON—A Supreme Court ruling limiting the president’s ability to impose sweeping tariffs could modestly ease inflation pressure on credit union members’ household budgets — and, over time, help stabilize CU deposits and loan demand — even as trade policy uncertainty lingers, according to Brian Turner, president and chief economist at Meridian Economics.
NEW YORK—The meteoric adoption of OpenClaw, an open-source autonomous AI assistant, has ignited what cybersecurity experts are calling the first major AI agent security crisis — one with clear implications for financial institutions already grappling with digital risk and shadow IT.
NEW YORK — The most revealing shift in credit union innovation may be this: two-thirds of U.S. CUs now rely — or expect soon to rely — on outside fintech partners for mobile and digital payments, according to a January PYMNTS Intelligence report produced in conjunction with Velera.
WEST ALLIS, Wis. — The $3-billion Guardian Credit Union has named Steve Heiderer president and chief executive officer following the retirement announcement earlier this year of longtime CEO Kevin Nitka.
MADISON, Wis.—The Worldwide Foundation for Credit Unions, in collaboration with World Council of Credit Unions, has opened the application portal for the 2026 International Credit Union Development Educators (ICUDE) designation, WOCCU announced.
WASHINGTON — Senate Banking Committee Ranking Member Elizabeth Warren (D-MA) is pressing Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell to pledge that taxpayer funds will not be used to stabilize the cryptocurrency market amid a steep selloff in Bitcoin.
WASHINGTON—Escalating its ongoing campaign against credit union acquisitions of banks, the Independent Community Bankers of America is again urging Congress to revoke the federal tax exemption for larger credit unions, citing a recent string of deals—including three transactions reported in the past two weeks—as evidence of what it calls a growing threat to community banks.
WASHINGTON--The NCUA focused on its 2026 Supervisory Priorities with NCUA Chairman Kyle Hauptman kicking off the agency webinar Thursday.
WASHINGTON--House Financial Services Subcommittee on Financial Institutions Chairman Andy Barr (R-KY) has invited America's Credit Unions to testify at the subcommittee's hearing focused on fighting fraud March 5, ACU reported.