WASHINGTON--The value of the credit union tax status was emphasized in letters sent to Senate leaders Monday by America's Credit Unions, the Defense Credit Union Council, AACUL and every credit union league/association.
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WASHINGTON—With the Senate expected to consider the stablecoin GENIUS Act this week, the Defense Credit Union Council and America’s Credit Unions are lobbying to make sure the Credit Card Competition Act (CCCA) is not added to the bill.
WASHINGTON—Michelle Bowman, the Federal Reserve's newly appointed vice chair for supervision, recently detailed plans to reduce regulatory burdens on banks, including possible revisions to capital requirements and oversight of bank mergers.
MINNEAPOLIS, Minn.—Credit union leaders, community partners, and local supporters recently gathered at Broken Clock Cooperative Brewing in Minneapolis to raise a glass to a century of people helping people—and to celebrate the launch of High Yield Pale Ale, a limited-edition craft beer created in partnership between the Minnesota Credit Union Network and Broken Clock, MnCUN reported.
NASHVILLE--Volunteer Corporate Credit Union has entered into a strategic partnership with InvestiFi, a market leader in digital investing solutions for community financial institutions, the corporate CU announced.
ALEXANDRIA, Va.—NCUA’s next open board meeting will take place July 24 at 10 E.T., the agency announced.
WASHINGTON--CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced its student loan refinance solution will now be available to the members of $500-million Westerly Community Credit Union, based in Wakefield, R.I.
WASHINGTON—The U.S. economy added 139,000 nonfarm jobs in May, surpassing economists’ expectations of 126,000. The unemployment rate remained unchanged at 4.2%.
WASHINGTON--A bill to codify a Treasury mentorship program for financial institutions was introduced Thursday by Rep. Joyce Beatty (D-OH), America's Credit Unions reported.
WASHINGTON--The House has passed a bill to cap the number of Small Business Lending Companies (SBLC) licenses awarded by the Small Business Administration Thursday with a 214-198 vote.