WASHINGTON--Ensuring the credit union perspective is offered during data privacy and security discussions on Capitol Hill, America’s Credit Unions Director of Innovation and Technology Andrew Morris is scheduled to testify Thursday before the House Financial Services Subcommittee on Financial Institutions, ACU said.
Fresh Today
WAUSAU, Wis.—The Bibb County Sheriff’s Office has arrested a woman accused of robbing a branch of Robins Financial Credit Union earlier this week—while accompanied by a small child dressed in a Spider-Man costume, according to 13 WMAZ.
WASHINGTON—America’s Credit Unions said it is having continuing discussions with the Office of Management and Budget on what the Community Development Financial Institution (CDFI) will look like.
WASHINGTON—The Senate was expected to meet Monday on the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, S. 1582, and both America’s Credit Unions and the Defense Credit Union Council are fighting two pending “poison pill” amendments offered for consideration.
WASHINGTON—Congress is back in session and work on the Big Beautiful Bill (H.R.1) begins again, and the Defense Credit Union Council and America’s Credit Unions are closely watching developments.
WASHINGTON--As the Senate returns to session, the Defense Credit Union Council (DCUC) is convening an industry-wide strategy meeting Wednesday at 11 AM ET to "coordinate a united advocacy response and provide actionable resources" on emerging legislative threats and opportunities.
CHICAGO—The Illinois General Assembly has passed a one-year delay of the Interchange Fee Prohibition Act (IFPA), a controversial law targeting interchange fees on tax and tip portions of transactions.
WASHINGTON--A rethinking of funds availability rules under the Expedited Funds Availability (EFA) Act and Regulation CC would help credit unions combat serious and persistent check fraud risks, America's Credit Unions said.
WASHINGTON--The White House has sent Congress detailed information on its Fiscal Year 2026 budget--and it includes calling for the elimination of all existing Community Development Financial Institution (CDFI) program funding.
WASHINGTON—Banks need further guidance from the Office of Foreign Assets Control about how to implement its new recordkeeping requirements, as they deviate from existing bank practices and requirements, the American Bankers Association stated in a letter to OFAC.