WASHINGTON—Credit union leaders across the movement—from the Defense Credit Union Council and America’s Credit Unions to veteran Washington advocates—are sharply rejecting a renewed banker effort to force federal credit unions to file IRS Form 990, calling the push misguided, redundant, and rooted in long-standing industry rivalry rather than genuine transparency concerns.
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WASHINGTON—The American Bankers Association is stepping up its campaign to push Congress back into the credit union tax fight, rolling out new survey data the group hopes will give lawmakers a reason to revisit an issue that hasn’t seen a hearing in 20 years.
TROY, Mich.— With fraud surging across financial services, new J.D. Power data show a troubling gap that should concern credit unions: nearly one-third of consumers hit by fraud in the past year still aren’t taking even basic steps to protect their accounts—and many say their providers never prompted them to do so.
TUKWILA, Wash.—Two of the West Coast’s largest credit unions are joining forces--creating a $33-billion organization.
LAKE TAPPS, Wash.—A growing share of credit union–bank deals is being narrated by people who’ve actually lived them—not just the advisors and lawyers.
DETROIT—After a record-breaking 2024, credit union purchases of banks have shown no signs of retreat in 2025—despite an uneven start to the year and new hurdles from Washington.
WASHINGTON—Two new CFPB proposals released with no formal announcement are signaling the most dramatic potential rewrite of federal fair-lending rules in more than a generation—and raising significant questions for credit unions about what comes next.
WASHINGTON—The House late Wednesday approved a sweeping funding measure to end the longest federal government shutdown in U.S. history, clearing the way for federal agencies to reopen within hours and for hundreds of thousands of workers and service members to receive long-delayed pay.
WASHINGTON—Credit-unions face a potential regulatory vacuum as the Trump Administration formally has determined the CFPB’s current self-funding mechanism unlawful—a move that could put the agency on a path to closure in early 2026 unless Congress steps in.
Every Veterans Day, we pause to honor the men and women who have stood guard for our freedoms. For credit unions, that recognition of their service doesn’t end at the close of their military career. It continues every day at the teller line, on base, and in the communities our heroes call home.