WASHINGTON--The Defense Credit Union Council has launched a targeted ad campaign in Punchbowl News to defend military members against harmful credit card legislation—including the Durbin-Marshall Credit Card Competition Act and a proposed 10% interest rate cap—with attempts to attach the mandates to the Fiscal Year 2026 National Defense Authorization Act, the trade group announced.
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JACKSONVILLE, Fla.—The CFPB has terminated the consent order against $14-billion VyStar CU and waived any alleged non-compliance, the Bureau announced.
ALEXANDRIA, Va.--NCUA has released its Office of the Ombudsman 2024 Annual Report, which shows inquiries continue to increase each year and that many inquiries and complaints last year involved regulatory processes related to data breaches and cyber threats at credit unions.
WASHINGTON—A U.S. Appeals Court has temporarily paused a lower court order that had reinstated Democratic Federal Trade Commissioner Rebecca Slaughter, despite the White House's effort to remove her from office, Reuters reported.
SAN FRANCISCO—The $1.3-billion San Francisco FCU here has agreed to buy $287-million Summit Bank, based in Oakland, the credit union announced.
ARLINGTON, Va. – The National Association of State Credit Union Supervisors (NASCUS) has updated the agenda for its 60th Annual Meeting, the State System Summit (S3), scheduled to take place Sept. 17–19, 2025, in San Antonio.
ALEXANDRIA, Va.—Todd Harper and Tanya Otsuka returned to their seats on the NCUA board Thursday, taking part in the agency’s open meeting following a federal court order reinstating them.
WASHINGTON--The Defense Credit Union Council Tuesday wrote a letter to Maxine Waters (D-CA), ranking member of the House Committee on Financial Services, in support of H.R. 4551, the Employee Paycheck and Small Business Protection Act.
WASHINGTON--The House Appropriations Subcommittee on Financial Services and General Government has earmarked funds for vital credit union programs in its FY26 draft legislation, but less than current FY25 funding levels.
WASHINGTON--Credit unions could see regulatory relief under several bills set to be marked up by the House Financial Services Committee beginning Tuesday, according to America’s Credit Unions. ACU President and CEO Jim Nussle submitted a letter ahead of the markup expressing strong support for four of the measures, urging the committee to move them forward.