MADISON, Wis.—The World Council of Credit Unions (WOCCU) has sent a letter to U.S. Secretary of State Marco Rubio stressing the strategic importance of the USAID-funded financial inclusion projects WOCCU implements through credit unions in eight countries and asking he honor USAID's existing funding obligations.
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CHICAGO—Retail merchants’ motion to intervene in the challenge to the Illinois Interchange Fee Prohibition Act (IFPA) was denied Friday by the U.S. District Court for the Northern District of Illinois, America’s Credit Unions reported.
WASHINGTON—The Consumer Financial Protection Bureau has released two reports looking at national rental payment data from September 2021 to November 2024.
WASHINGTON– The Defense Credit Union Council has requested a meeting with members of the House Ways and Means Committee to discuss the “critical” importance of maintaining credit unions' federal tax-exempt status.
ALEXANDRIA, Va.--NCUA issued one prohibition notice in January 2025, the agency said.
PORTSMOUTH, N.H.—Federal Reserve Gov. Michelle Bowman is advocating for “gradual” moves for future rate adjustments.
DENVER—Steve Schmidle has resigned from his role as president and CEO of the $2.1-billion Westerra CU, the credit union announced.
WASHINGTON— The CFPB has ordered international remittance company Wise to pay nearly $2.5 million for a series of “illegal” actions, including advertising inaccurate fees and failing to properly disclose exchange rates and other costs, the CFPB said.
WASHINGTON—America’s Credit Unions and league leaders met with key policymakers this week to emphasize the credit union difference as Congress considers tax reforms, ACU reported.
DALLAS—The 2025 NACUSO Next Big Idea Competition is now accepting applications, the organization announced.