WASHINGTON--The Defense Credit Union Council has submitted formal statements for the record to both the Senate Committee on Small Business & Entrepreneurship and the Senate Appropriations Subcommittee on Military Construction, Veterans Affairs and Related Agencies on behalf of credit unions, the trade group reported.
WASHINGTON--A proposal issued by the Treasury would direct the Secretary of the Treasury to cease issuing paper checks for all federal disbursements to the extent permitted by law, America's Credit Unions reported.
WASHINGTON— With fraud targeting older adults continuing to climb, the League System has rolled out a new Elder Exploitation Prevention Toolkit aimed at helping credit unions better identify financial abuse and educate members who may be at heightened risk.
DENVER— Colorado’s swipe-fee fight intensified Wednesday after SB26-134 cleared the state Senate on a narrow margin, prompting the Defense Credit Union Council to move quickly with letters to key state officials as industry sources indicated a motion to reconsider could come as soon as Thursday.
WASHINGTON— America’s Credit Unions on Wednesday sharpened its ICBA fly-in message, with President/CEO Scott Simpson using a published letter to the editor to argue community bankers are resisting legislation that would strengthen deposit insurance protections for business payroll accounts because it would place credit unions on equal footing with banks.
WASHINGTON— Federal Reserve Chair Jerome Powell said Wednesday he will remain on the Federal Reserve Board after his term as chair ends May 15, signaling he is not yet ready to fully exit the central bank as questions linger over whether a recently dropped Justice Department probe is truly finished.
WASHINGTON— The Independent Community Bankers of America this week opened its 2026 ICBA Capital Summit in Washington by releasing new polling the group claims shows Americans broadly align with community bankers on several policy issues--including the CU tax break--that will be part of this week’s meetings with lawmakers.
SEATTLE--GoWest Credit Union Association announced the opening of enrollment for its Small Credit Union Accelerator Program, a new initiative designed for credit unions under $250 million in assets, to equip these institutions with the resources, collaboration and advocacy support needed to thrive in today’s operating environment.
WASHINGTON— As expected, the Federal Reserve on Wednesday left its benchmark federal funds rate unchanged at 3.5% to 3.75%, while signaling it still sees room for cuts later if inflation and labor-market data cooperate.
GOSHEN, Ind.—The $2-billion Interra Credit Union here is reaching across state lines to buy the $225-million The Hicksville Bank, based in Hicksville, Ohio, the CU announced.
