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WASHINGTON—Outgoing NCUA Chairman Kyle Hauptman used what is likely to be his final appearance before the House Financial Services Committee to champion stablecoins, defend the role of smaller financial institutions and argue that regulation often falls hardest on community based credit unions.

CINCINNATI— As vehicle prices remain elevated and auto loan terms continue pushing further into seven-year territory, Kemba Credit Union is betting that one of the next big competitive plays in auto lending may be a simple one: letting members shop by the monthly payment they can actually afford—before they fall in love with a car they can’t.

WASHINGTON--The Defense Credit Union Council submitted a letter for the record ahead of the House Financial Services Committee's hearing today, "Oversight of Prudential Regulators," urging lawmakers to examine key issues affecting military-serving credit unions, including liquidity support, regulatory burden, innovation, and federal preemption of state interchange fee mandates. 

WASHINGTON—As the U.S. Senate prepares to take up the CLARITY Act and broader digital asset legislation, a new survey commissioned by the American Bankers Association found consumers overwhelmingly support restrictions on stablecoin rewards if they threaten bank deposits and local lending.

ROYAL OAK, Mich.— CUSG announced it is rebranding as Navari, a move the company said reflects its evolution into a unified platform spanning human resources, experience management, marketing technology and financial solutions.