WASHINGTON--In advance of a scheduled banker fly-in this week, America’s Credit Unions sent lawmakers eight key facts to keep top of mind this week when they hear "misinformation" about credit unions.
Fresh Today
NEW YORK— As ransomware incidents gradually decline, cybercriminals are increasingly turning to fraudulent wire transfers as their scheme of choice, a new report shows.
WASHINGTON—Several congressional Republicans have expressed opposition to a proposal from Trump to divert funding from the Community Development Financial Institutions (CDFI) Fund, Politico reported.
WASHINGTON—Will Jonathan McKernan head the CFPB? That may make take a little time to determine, America’s Credit Unions said.
WASHINGTON, D.C. – The Defense Credit Union Council has launched a targeted geofencing advertisement campaign across Capitol Hill and the Gaylord National Resort & Convention Center — the site of the 2025 ICBA Annual Conference — to reinforce the importance of preserving the federal tax exemption for credit unions.
RALEIGH, N.C. – A woman who worked as a call center rep for a credit union has pleaded guilty to bank fraud and misuse of social security numbers, the U.S. Attorney's Office, Eastern District of North Carolina reported.
WASHINGTON--The House Ways and Means Committee released an initial draft of its reconciliation legislation Friday with no mention of the credit union tax status.
WASHINGTON--The Department of Justice—on behalf of the NCUA—has filed its opposition to the legal challenge from ousted NCUA board members Todd Harper and Tanya Otsuka, America's Credit Unions reported.
JUNEUA, Alaska—In an effort to stop an interchange bill in this state that could harm credit unions and consumers, the Defense Credit Union Council wrote to the Alaska Senate sharing strong opposition to the interchange provisions that have been added to SB 79.
WASHINGTON--President Trump plans to nominate Jonathan McKernan—his previous pick to lead the Consumer Financial Protection Bureau—as undersecretary for domestic finance at the U.S. Department of the Treasury, the Department announced Friday.
