WASHINGTON—NCUA’s succession planning rule approved in December 2024 may see its implementation delayed temporarily, or perhaps permanently, by President Trump’s recent executive order suspending the effective date of any federal agency regulations not yet effective, according to former NCUA Chairman Dennis Dollar.
MADISON, Wis.—Credit union loan balances rose 0.4% in November, above the 0.3% pace reported in November 2023, buoyed by strong growth in home equity lending (1.6%), reported TruStage, noting that once again, auto lending is down.
POCATELLO — Several Pocatello police officers rushed to a local credit union branch Tuesday evening in response to what was initially believed to be a robbery, the Idaho State Journal reported.
TOPEKA — National Federation of Independent Business lobbyist Dan Murray this week urged Kansas legislators to forbid credit or debit card companies from collecting swipe fees on tip and tax portions of electronic transactions, Kansas Reflectors reported.
WASHINGTON—As uncertainty in Washington continues to grow, this time around the possibility of a government shutdown, the Defense Credit Union Council is offering advice to CUs that could be impacted if a shutdown occurs.
ST. PETERSBURG, Fla. Velera this year is once again sponsoring two industry-focused races: the Credit Union Cherry Blossom and Credit Union SACTOWN Run.
WASHINGTON--America’s Credit Unions Chief Economist/Vice President of Research and Policy Analysis Mike Schenk announced he will retire after more than 35 years in the financial services industry, effective April 1.
WASHINGTON--A strong, independent NCUA is needed to support the credit union system and its members, said NCUA Board Member Tanya Otsuka at the Governmental Affairs Conference this week.
WASHINGTON--America’s Credit Unions and the Wisconsin Credit Union League are supporting a bill from Rep. Scott Fitzgerald (R-WI), the Making the CFPB Accountable to Small Businesses Act (H.R. 1749).
WASHINGTON--With the House Financial Services Committee set to mark up its resolution of disapproval for the CFPB’s overdraft rule Wednesday, America’s Credit Unions President/CEO Jim Nussle emphasized how the rule would harm consumers in a letter sent prior to the markup. Resolutions to void the rule via Congressional Review Act have been introduced in both the House and Senate.
