ALEXANDRIA, Va.--NCUA Monday issued a notice of proposed rulemaking to codify the elimination of reputation risk from its supervisory program, the agency announced.
Fresh Today
WASHINGTON--When it comes to ways regulators can combat illicit finance in the digital assets sphere – addressing the most significant risks with thoughtful, innovative approaches that provide credit union parity is essential. In a letter America's Credit Unions Head of Regulatory Advocacy James Akin responded to Treasury's request for comment (RFC) on the issue with several recommendations.
WASHINGTON — As speculation mounts over President Trump’s next pick to lead the Commodity Futures Trading Commission, one name — NCUA Chairman Kyle Hauptman — has been seen as a strong match for the role, though latest signals suggest his odds are fading.
WASHINGTON—A new crypto-focused bank backed by some of Silicon Valley’s biggest names has received the green light from federal regulators, marking the latest move by Trump-era appointees to expand digital-asset access within the U.S. banking system.
WASHINGTON—Speaking at 2025 D.C. Fintech Week here, Federal Reserve Vice Chair for Supervision Michael Barr said the rapid pace of payments innovation—from stablecoins and AI to real-time rails—offers significant opportunities for financial institutions to lower costs, improve liquidity, and deliver faster payments.
MILWAUKEE—The $7.1-billion Landmark Credit Union has secured the naming rights to Landmark Credit Union Live, a new 4,500-seat indoor music and event venue set to open in February 2026 in Milwaukee’s Deer District.
SPRINGFIELD, Mass.—The $159-million Pioneer Valley Federal Credit Union here and $1.2-million Springfield Street Railway Employees Credit Union, also based in Springfield, plan to merge, the credit unions announced.
NEW YORK—Visa and Mastercard have agreed to pay a combined $199.5 million to resolve a class-action lawsuit alleging the card networks colluded to make merchants absorb a larger share of fraud-related costs, Reuters reported.
WASHINGTON— Sen. Mike Crapo (R-ID) and Rep. Young Kim (R-CA) are spearheading a bicameral push highlighting the critical role of the Treasury Department’s Community Development Financial Institutions (CDFI) Fund in a joint letter to Treasury Secretary Scott Bessent and Office of Management and Budget Director Russell Vought.
WASHINGTON--As the government shutdown enters its third week, leagues and credit unions are offering tailored support to impacted federal workers and military servicemembers to ensure members can still meet their financial obligations, America's Credit Unions reported.