WASHINGTON–After much concern in the lead-up to a Senate hearing that the credit union tax exemption would be put on the table as ripe for reevaluation and perhaps even elimination, the issue did not come up in the oral testimony, although it was included in one of the written statements submitted to the committee.
Fresh Today
WASHINGTON—In advance of Thursday’s Senate Finance Committee hearing on the 2025 Tax Policy Debate and Tax Avoidance Strategies, America’s Credit Unions President/CEO Jim Nussle sent a letter highlighting what he called the “life-changing impact” of the credit union tax exemption on 140 million members in the U.S.
SMITHFIELD, R.I. – Navigant Credit Union said it has made a number of policy changes related to its overdraft pricing.
ALBUQUERQUE, N.M.– Sandia Laboratory FCU (SLFCU) and Sandy, Utah-based Mountain America Credit Union said they have entered into an agreement in which SLFCU will acquire two branches operated by Mountain America Credit Union in Albuquerque, along with all related business.
LOS ANGELES–Rize Credit Union led a Memorandum of Understanding (MOU) signing ceremony between the Consulate General of Mexico in Los Angeles, Inclusiv and other Juntos Avanzamos-designated credit unions as part of a collaboration that “aims to enhance financial inclusion and economic empowerment for local Hispanic communities regardless of immigration status and help people of modest means reach financial independence.”
WASHINGTON — The Consumer Financial Protection Bureau (CFPB) has issued a proposed order against the student loan servicer Navient for what it alleges have been “years of failures and lawbreaking.”
BALI, Indonesia—The Asian Credit Union Forum was held here and included remarks from Global Women’s Leadership Network (GWLN) Director Eleni Giakoumopoulos who made her first-ever presentation to the organization by leading sessions on empowering women to become leaders.
WASHINGTON—The Delaware, New Hampshire, and Rhode Island primary elections brought wins for all credit union-backed candidates this week, America’s Credit Unions reported.
HOLLYWOOD, Fla.–BrightStar Credit Union has selected Velera to provide it with card processing solutions, providing an enhanced cardholder experience for its members and employees.
SAN JOSE, Calif.— Meriwest Credit Union said it has entered into a partnership with Emily Menges, a veteran defender on who plays for the National Women’s Soccer League (NWSL) Bay FC franchise.