House Panel Moves To Block CFPB Overdraft Rule As ACU Warns Of Consumer Impact 03/05/2025 09:43 am WASHINGTON--With the House Financial Services Committee set to mark up its resolution of disapproval for the CFPB’s overdraft rule Wednesday, America’s Credit Unions President/CEO Jim Nussle emphasized how the rule would harm consumers in a letter sent prior to the markup. Resolutions to void the rule via Congressional Review Act have been introduced in both the House and Senate.
Bank Acquisition Boom: How Credit Unions Are Changing The M&A Landscape 03/06/2025 06:05 pm LAKE TAPPS, Wash.— CEO Advisory Group, a leading financial services consulting firm, has released a white paper titled "What Credit Unions Need to Know About Bank Acquisitions: Part 1 - How to Get Started."
Auto Originations Up Year-Over-Year Driven By Growth In Super Prime 03/06/2025 06:06 pm CHICAGO—Auto originations were up 1.5% YoY in Q4 2024, although they still lagged 14.8% below the pre-pandemic Q3 2019. Super prime borrower originations led the way, up 8.5% YoY for the quarter, TransUnion reported.
Achieva CU Names Eric Jenkins CEO 03/06/2025 05:59 pm DUNEDIN, Fla.—The $2.9-billion Achieva Credit Union has named Eric Jenkins president and CEO, succeeding Gary Regoli, who is retiring after 17 years with the financial institution, Tampa Bay Business and Wealth reported.
