VIENNA, Va.—Carrie Hunt, a longtime credit union advocacy leader and former chief advocacy officer at America’s Credit Unions, has joined Navy Federal Credit Union as senior vice president of advocacy and strategic partnerships.
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SAN ANTONIO--RAI Partners here has entered into a strategic partnership with PenFed Credit Union to implement a comprehensive acceptance program, helping one of the nation's largest credit unions retain members who are declined for credit cards.
GLASSPORT, Pa.–NCUA Tuesday placed Copper & Glass FCU here into conservatorship, the agency announced.
WASHINGTON--Patty Corkery has joined America’s Credit Unions board of directors, ACU announced.
ST. PETERSBURG, Fla.—In October, consumer spending continued to show resilient growth, while consumer sentiment dropped to levels last seen in 2022 during the peak of the post-COVID inflationary period, Velera reported, citing data from its November edition of the Velera Payments Index.
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.
JACKSONVILLE, Fla.—The $2.9-billion Community First Credit Union of Florida here has agreed to buy $331-million First Southern Bank, headquartered in Waycross, Ga., the CU announced.
WASHINGTON—In a sharp reversal of the Trump Administration’s earlier move, the mass reduction-in-force (RIF) notices issued to all employees of the CDFI Fund last month have been rescinded, according to internal emails reviewed by Punchbowl News.
NEW YORK--America’s Credit Unions and the New York Credit Union Association, together with American Bankers Association, Bank Policy Institute, and the Clearing House Association, have filed an amicus brief in support of Citibank’s appeal in a lawsuit related to liability under the Electronic Fund Transfer Act (EFTA).
WASHINGTON--The credit union system remains strong, well capitalized, and a safe place for consumers, America’s Credit Unions wrote to the House Financial Services Committee in advance of Tuesday's hearing on the future of deposit insurance.