America’s Credit Unions Letter to Senate Banking Committee on Federal Reserve Hearing
Read Letter
STATEMENT CFPB caps credit card late fees safe harbor at $8
The CFPB Tuesday issued its final rule to drastically reduce the safe harbor threshold credit card issuers can charge for late payments to $8. While the rule only applies to issuers that have over 1 million open accounts and the bureau claims the rule will have no impact on smaller issuers such as credit unions, …
STATEMENT CFPB caps credit card late fees safe harbor at $8 Read More »
Nussle: America’s Credit Unions exists to empower credit unions
Credit union wins require coordinated advocacy from the entire movement and at every level, America’s Credit Unions President/CEO Jim Nussle told attendees at the 2024 Governmental Affairs Conference (GAC) Monday. Nussle addressed the GAC for the first time as the leader of the new America’s Credit Unions, and promised the organization will fight for and …
Nussle: America’s Credit Unions exists to empower credit unions Read More »
Hunt: Successful advocacy takes ‘grit’
America’s Credit Unions Chief Advocacy Officer Carrie Hunt outlined how the new organization will advocate for and advance an environment where credit unions thrive during her inaugural speech at the Governmental Affairs Conference (GAC) Monday afternoon. “Together, we need to make that happen,” Hunt said. “Advocacy is part science, part art. It’s engagement, it’s relationship …
Board leaders spotlight America’s Credit Unions’ mission, vision at GAC
To kick off Monday’s sessions at the 2024 Governmental Affairs Conference (GAC), America’s Credit Unions Transition Board of Directors Chair Brian Schools and Vice Chair Lisa Ginter discussed the transformation to America’s Credit Unions, the new organization’s mission and vision, and the role of the Transition Board of Directors. Ginter, CEO of CommunityAmerica Credit Union, …
Board leaders spotlight America’s Credit Unions’ mission, vision at GAC Read More »
NCUA’s Harper talks agency’s priorities to ensure safety, soundness
NCUA Chairman Todd Harper joined America’s Credit Unions Chief Advocacy Officer Carrie Hunt Monday at the 2024 Governmental Affairs Conference (GAC) for a fireside chat about the credit union system and the agency’s efforts to ensure safety and soundness. Harper noted the different roles NCUA and America’s Credit Unions have in supporting the strength of …
NCUA’s Harper talks agency’s priorities to ensure safety, soundness Read More »
Debit interchange proposal fails to account for potential impact
Credit unions strongly oppose the Federal Reserve’s debit interchange proposal, America’s Credit Unions President/CEO Jim Nussle wrote to the House Financial Services Committee before Fed Chair Jerome Powell’s testimony this week. Nussle noted that current debit interchange caps have caused significant real-world economic harm to credit unions and their members, and the recent proposed expansion …
Debit interchange proposal fails to account for potential impact Read More »
Sinise talks connection, service at GAC
Connection is a huge part of the strategy of credit unions. For Gary Sinise, renowned actor and dedicated philanthropist, connection is a similarly important part of making a difference. “In the beginning, it was just raising my hand where I could,” says Sinise, when asked about how important connection is to the work he does …
Implement AI guardrails to safeguard members’ trust
While artificial intelligence (AI) is a powerful tool, credit union leaders must understand where it’s effective, where it overpromises, and how it can introduce pitfalls into your business, according to Dr. Jennifer Golbeck, director of the Social Intelligence Lab at the University of Maryland. Failing to do so can destroy members’ trust and open institutions …
Implement AI guardrails to safeguard members’ trust Read More »
Mission, vision, advocacy spotlighted Monday, GAC continues Tuesday
Monday at the 2024 Governmental Affairs Conference featured a wide variety of main stage speeches, keynotes, and breakout sessions. America’s Credit Unions Transition Board Chair Brian Schools and Vice Chair Lisa Ginter spotlighted the organization’s mission and vision, and shared the role the board will take in executing them. America’s Credit Unions President/CEO Jim Nussle …
Mission, vision, advocacy spotlighted Monday, GAC continues Tuesday Read More »