WASHINGTON--It is critical credit unions are included in any potential bank capital relief and reforms, and Congress must encourage the NCUA to match any capital relief from banking regulators. America’s Credit Unions outlined why this is necessary in a letter sent ahead of a House Financial Services subcommittee hearing on banks’ capital framework.
Fresh Today
WASHINGTON--The end of U.S. penny production is bringing unexpected challenges for credit unions, America's Credit Unions noted.
ALEXANDRIA, Va.—NCUA on Thursday announced it will hold its first open board meeting since September, scheduling a public session for Dec. 18 at 10 a.m. ET.
NEW YORK—Embedded finance has moved from a niche add-on to a core competitive requirement, with nearly every major platform now integrating financial tools as a strategic priority, according to new findings from PYMNTS.
GREENSBORO, N.C. – Vizo Financial is giving back more than $4.8 million to capital members in the form of a service usage credit and a higher rate on the Perpetual Contributed Capital (PCC) account in December, the corporate CU announced.
WASHINGTON—Unwanted calls are surging again, but they’re still far below the flood levels consumers faced just a few years ago, according to the Federal Trade Commission’s newly released National Do Not Call Registry Data Book for Fiscal Year 2025.
WASHINGTON— The U.S. Treasury is seeking a more centralized role in enforcing anti–money laundering requirements as part of a broader overhaul of how regulators detect illicit transactions tied to drug trafficking, the Wall Street Journal reported.
MCLEAN, Va.--The 30-year fixed-rate mortgage showed little movement this week, averaging 6.22% according to Freddie Mac.
WASHINGTON - America’s Credit Unions Scott Simpson, president and CEO; Greg Mesack, SVP of government affairs; and Brad Thaler, head of legislative advocacy, have been recognized by The Hill as Top Lobbyists for 2025, ACU reported.
TROY, Mich.-- Customer satisfaction at the nation’s biggest banks is climbing again—up for the third consecutive year—narrowing one of the core competitive advantages credit unions have long claimed in the marketplace, according to the new J.D. Power 2025 U.S. National Banking Satisfaction Study.
