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WASHINGTON--The Defense Credit Union Council Monday submitted four letters to House and Senate leaders ahead of congressional hearings on the Consumer Financial Protection Bureau’s semi-annual report and the Federal Reserve’s semi-annual monetary policy report.

SAN DIEGO—Jim Stickley believes credit unions are about to lose something they've always counted on in cybersecurity: time.

DALLAS— As credit unions search for new ways to attract younger members and expand beyond their traditional fields of membership, an unexpected opportunity is emerging from college campuses: university-branded payment card programs tied to athletics, alumni networks and even Name, Image and Likeness (NIL) initiatives.

WASHINGTON—Sen. Lindsey Graham has died at age 71 following what his office described as a "brief and sudden illness."

WASHINGTON — The Defense Credit Union Council Monday sent a letter to Chairman Pete Sessions and Ranking Member Kweisi Mfume of the House Oversight and Government Reform Subcommittee on Government Operations ahead of the Subcommittee’s July 15 hearing, “Emerging Fraud Threats and the Evolving Fraud Landscape.”

WASHINGTON— Both America's Credit Unions and the Defense Credit Union Council are forecasting a pivotal week on Capitol Hill as lawmakers return from the July 4 recess, with the credit union trade groups closely watching fallout from the death of Sen. Lindsey Graham, action on the National Defense Authorization Act (NDAA), pending NCUA nominations, the CLARITY Act and a series of high-profile congressional hearings.

TROY, Mich.--The share of financially unhealthy U.S. consumers climbed to 71% in May, the highest level since January, as persistent inflation forced more households to cut both discretionary spending and basic necessities, according to the latest J.D. Power Banking and Payments Intelligence Report.

WASHINGTON—For years, credit unions worried the next major industry downturn would come from rising loan delinquencies, commercial real estate exposure or a weakening consumer.