Author name: America's Credit Unions

Credit unions look to improve housing access, reduce ownership gaps

News / / / 2 minutes of reading

Credit unions look forward to engaging with Congress to develop solutions to improve access to housing and reduce gaps in homeownership rates, President/CEO Jim Nussle wrote the House Financial Services Committee Wednesday. The committee will hold a hearing today on oversight of the Department of Housing and Urban Development (HUD). “Credit unions support legislation and …

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Senate fails to overturn veto of section 1071 rule

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The Senate Wednesday failed to garner the two-thirds majority needed to overturn President Joe Biden’s veto of the CFPB’s section 1071 rule. Biden vetoed the congressional resolution of disapproval in December, following successful credit union advocacy to get it through both chambers. The section 1071 rule, which would require credit unions and banks to collect …

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America’s Credit Unions priorities: Protect, empower, advance credit unions

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America’s Credit Unions looks to build on the strong foundations of its legacy organizations to ensure credit unions and those they serve can thrive financially. America’s Credit Unions President/CEO Jim Nussle wrote to congressional leaders and the heads of regulatory agencies Tuesday, to outline the policy priorities the new organization will advance for the industry. …

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Nussle congratulates Otsuka on NCUA Board confirmation 

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America’s Credit Unions President and CEO Jim Nussle sent congratulations to NCUA Board Member Tanya Otsuka on her confirmation to the NCUA Board. Otsuka was sworn into the board Monday. “We are excited to work with you in your new role during a period of relative strength and health of the credit union system,” wrote Nussle. …

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Reminder: Complete debit card interchange survey by Jan. 12

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America’s Credit Unions is calling on credit unions to complete a survey on the Federal Reserve’s interchange proposal before the survey closes Friday. Unique survey links were sent to members Dec. 19 with the subject line, “Make your voice heard.” The Federal Reserve issued the proposal in November that would make several changes to the …

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Welcome to Compliance at America’s Credit Unions!

Compliance / / 2 minutes of reading

As we ring in the New Year, we are thrilled to transform into America’s Credit Unions. America’s Credit Unions carries forward many of the things that your credit unions loved about our legacy organizations – including proactive regulatory compliance information, services, and assistance. With regulatory issues continuing to escalate and financial regulators increasing their enforcement …

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