Fresh Today

Fresh Today

WASHINGTON—The Defense Credit Union Council Wednesday reaffirmed its support for the nomination of John Crews to serve on the NCUA board, encouraging the Senate Banking, Housing, and Urban Affairs Committee to advance his nomination following its July 23 executive session. 

WASHINGTON--A House Financial Services subcommittee conducted an oversight of the Financial Crimes Enforcement Network (FinCEN) Tuesday. Detailing numerous changes that would support credit unions’ efforts to aid law enforcement, America’s Credit Unions shared the impact of rising compliance costs in comments sent to the subcommittee prior to the meeting.

NEW YORK— A New York state judge has refused to dismiss New York Attorney General Letitia James' lawsuit against Early Warning Services LLC, allowing the state's claims to move forward that the operator of the Zelle payments network failed to implement adequate safeguards against fraud and left consumers vulnerable to scams, Hoodline reported.

WASHINGTON--Check fraud remains one of the fastest growing types of financial fraud. America’s Credit Unions and the American Association of Credit Union Leagues are supporting a new campaign in partnership with America Saves that’s designed to bring attention to how and why check fraud occurs.

SYDNEY, Australia— Worldwide Foundation for Credit Unions President Mike Reuter called on credit union leaders worldwide to become active stewards of the cooperative finance movement during his keynote Tuesday at the 2026 World Credit Union Conference, urging attendees to strengthen the movement through leadership development, philanthropy and global collaboration.

MIAMI--Consumers in several major U.S. cities posted meaningful improvements in their credit scores over the past year, led by Indianapolis, according to a new WalletHub analysis comparing first-quarter 2026 data with the same period in 2025.

WASHINGTON— Brian Johnson, President Trump's nominee to lead the Consumer Financial Protection Bureau, has agreed to recuse himself from any CFPB matters involving Capital One for up to two years if confirmed, according to a newly released ethics agreement aimed at addressing potential conflicts stemming from his current role at the banking company.