WASHINGTON— The importance of NCUA’s status as an independent regulator and insurer was shared with the United States Department of Government Efficiency Service (DOGE) in a letter from America’s Credit Unions.
Fresh Today
WASHINGTON—The FDIC has pulled back job offers to more than 200 new examiners due to a government-wide hiring freeze implemented by President Trump, the Washington Post reported.
WASHINGTON—The credit union tax status, fraud, and cybersecurity are just some of the industry issues outlined in an America’s Credit Unions letter sent to incoming Treasury Secretary Scott Bessent.
WASHINGTON--The Senate Special Committee on Aging learned about the diverse programs, products, and resources credit unions provide to older Americans in a letter from the Defense Credit Union Council.
WASHINGTON—By a 68-29 vote, the Senate has confirmed Scott Bessent to serve as Treasury Secretary. The confirmation comes at the same time American journalist and blogger Charles Gasparino reported on X the White House is weighing whether to give Bessent a dual role--to act as acting head of the CFPB until a full-time chief can be found, once Rohit Chopra is removed by the Trump Administration.
WASHINGTON—Credit unions and trade associations pulling together is what’s needed this year to fend off what appears to be a significant threat to the movement’s tax status, says Jason Stverak, who adds the possibility of CUs losing their tax break in ’25 keeps him up at night.
WASHNGTON—America’s Credit Unions has launched its series of digital ads across the country to share the message: Don't Tax My Credit Union.
WASHINGTON—In an effort to strengthen partnerships between credit unions and the Small Business Administration (SBA), the Defense Credit Union Council has sent a letter to the Senate Committee on Small Business and Entrepreneurship regarding the confirmation of Kelly Loeffler as SBA administrator.
SEATTLE — A piece of heavy equipment was recently used to rip two ATMs out of a BECU branch here, KOMO News reported.
PHOENIX, Ariz.– Desert Financial Credit Union is distributing $16 million in Member Giveback Bonuses this month, bringing the total to $106 million awarded over the past eight years, the credit union said.