America’s Credit Unions offices will be closed Wednesday, June 19 in observance of the Juneteenth holiday. There will be no morning newsletter Wednesday, it will resume Thursday, June 20.
This is the official legal notice to all members of America’s Credit Unions first Annual General Meeting (AGM), scheduled for Monday, July 22, 2024 from 10:45-11:15 a.m. Eastern, to be held in conjunction with the World Credit Union Conference in Boston, Massachusetts. The agenda of the AGM will be to update member credit unions and …
America’s Credit Unions to host annual meeting at World Credit Union Conference Read More »
This week, the Senate remains in Washington, D.C. while House members are back home in their districts. This gives credit union advocates an opportunity to connect with lawmakers one-on-one to advocate for industry priorities. In this Tuesday’s primaries, America’s Credit Unions is monitoring elections in Virginia and Oklahoma, where there are eight credit union-backed candidates. …
This week: America’s Credit Unions keeps industry priorities top-of-mind Read More »
Sen. Gary Peters, D-Mich., introduced the bipartisan Housing Financial Literacy Act Thursday, to coincide with National Homeownership Month. The bill would provide first-time home buyers who complete a Department of Housing and Urban Development (HUD)-certified housing counseling course the opportunity to claim a .25% deduction on their Federal Housing Administration (FHA) mortgage insurance premium. “Improving …
Sen. Peters introduces bill to encourage financial literacy in housing Read More »
America’s Credit Unions Thursday hosted a webinar to provide members with information on the Overseas Military Banking Program (OMBP). During the event, Department of Defense (DoD) Director for Banking and Credit Union Programs Bill Hawbecker provided a breakdown of what the program is and how DoD works with the banking sector. Hawbecker also discussed how …
DoD provides America’s Credit Unions members with breakdown of OMBP Read More »
Credit union leaders are making a difference sharing the impact of overregulation on the people they serve with Congress. Bringing their messages from Indiana and Kentucky, respectively, credit union CEOs Karen Madry and Karen Harbin provided a voice for the people who will face the greatest challenges if programs like overdraft protection are put at …
ICYMI: Credit union leaders give a voice to members Read More »
Credit unions can submit feedback on the Federal Reserve’s request for comment on expanding the Fedwire Funds Service and National Settlement Service (NSS) operating hours directly to America’s Credit Unions via a regulatory comment alert sent to members Thursday. The alert offers a breakdown of the proposal, which would change the operating hours for both services to …
Credit unions: Submit feedback on Fedwire, NSS operating hours proposal Read More »
A new bill to assist consumers facing barriers to home ownership was introduced Wednesday by Rep. Teresa Leger Fernandez, D-N.M. The Home of Your Own Act would create a new national homeownership grant program at the U.S. Department of Housing and Urban Development, providing one-time, $30,000 homeownership assistance grants to eligible first-time homebuyers who earn …
Rep. Leger Fernandez introduces homeownership assistance bill Read More »
America’s Credit Unions keeps credit unions informed with new posts on the Compliance Blog, published every Tuesday and Thursday. Here’s a look at what’s new on the blog: Are Unlawful Terms in Your Contract a Deceptive Act or Practice?: Keith Schostag breaks down the CFPB’s June 4 circular that specifies having unlawful or unenforceable terms and …
New Compliance Blog posts tackle contracts, CD versus share certificates Read More »
