Author name: America's Credit Unions

This image has an empty alt attribute; its file name is Cap1-2-1024x538.jpg

Senate rejects bid to consider Big Box Bailout with FAA bill

News / / / 1 minute of reading

The Senate Wednesday rejected by a vote of 85-12 an effort by Sen. Roger Marshall, R-Kan., to consider unrelated amendments, including the Big Box Bailout bill, to the Federal Aviation Administration (FAA) reauthorization. America’s Credit Unions has led efforts to oppose the Credit Card Competition Act, arguing the legislation to extend interchange routing requirements to …

Senate rejects bid to consider Big Box Bailout with FAA bill Read More »

Credit unions call for national data security standards 

News / / 1 minute of reading

America’s Credit Unions President/CEO Jim Nussle stressed credit unions’ support of a strong national data security and privacy standard in a letter to the Senate Commerce Committee Subcommittee on Consumer Protection, Product Safety, and Data Security Wednesday.  “Since 2005, there have been more than 18,000 data breaches exposing billions of consumer records,” Nussle highlighted. “These …

Credit unions call for national data security standards  Read More »

FCU board member reimbursement should include childcare

News / / / 1 minute of reading

America’s Credit Unions’ Luke Martone wrote to the NCUA Board Tuesday requesting the agency explicitly permit reimbursement of childcare costs incurred by a federal credit union board member. “Specifically, we ask the Board to amend section 701.33 to allow FCU board members to be reimbursed for the cost of childcare when it is necessary in …

FCU board member reimbursement should include childcare Read More »

DEI in 2024 and beyond 

News / / 1 minute of reading

America’s Credit Unions Vice President of Diversity, Equity, and Inclusion (DEI) Samira Salem joined CUBroadcast’s Mike Lawson to discuss the status of DEI in 2024 and beyond.   During their discussion, Salem shares how well DEI models work in today’s businesses – including the credit union industry – and details the many benefits of DEI. 

Credit union witness to testify on fees before Senate Banking Committee Thursday

News / / 1 minute of reading

Afena Federal Credit Union President/CEO Karen Madry will testify Thursday before the Senate Banking Committee on behalf of America’s Credit Unions for a consumer protection hearing related to fees in financial services. Madry will share how continued attacks on standard financial services fees jeopardizes access to credit, especially for financially vulnerable communities. The hearing is …

Credit union witness to testify on fees before Senate Banking Committee Thursday Read More »

Voicing credit union Reg II concerns with the Fed 

News / / / 1 minute of reading

The Federal Reserve’s proposal to further lower debit interchange fees was the top priority during a meeting between America’s Credit Unions’ Andrew Morris, along with other trade groups, and Federal Reserve Vice Chair Michael Barr Monday.  America’s Credit Unions has met with most of the Fed’s Board of Governors to discuss this proposal.  Morris reiterated …

Voicing credit union Reg II concerns with the Fed  Read More »

Big Box Bailout bill is an attack on consumers

News / / / 2 minutes of reading

Big box retailers are attacking consumer convenience, security, and value with the Big Box Bailout bill, America’s Credit Unions President/CEO Jim Nussle, American Bankers Association President/CEO Rob Nichols, and Independent Community Bankers of America President/CEO Rebeca Romero Rainey wrote in American Banker Monday. “These new mandates will not only jeopardize your security — they will …

Big Box Bailout bill is an attack on consumers Read More »

CFPB Building

Strong verification process needed for CFPB complaint database

News / / / 1 minute of reading

The CFPB should establish a strong verification process for its consumer complaint database, America’s Credit Unions’ James Akin wrote to the bureau Monday, in response to a bureau request for comment on the issue. “While the objective of these surveys is commendable, we are concerned about potential harm that might arise from data inaccuracies, particularly …

Strong verification process needed for CFPB complaint database Read More »

Scroll to Top