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WASHINGTON—The CFPB’s proposed rule on remittance transfers under the Electronic Fund Transfer Act (EFTA) brings concerns about regulatory burden, which could be significant for some credit unions, America’s Credit Unions said.

WASHINGTON—As both chambers of Congress return to Washington for the lame duck session and committee hearings, America’s Credit Unions is focused on actions from the CFPB.

WASHINGTON—The Defense Credit Union Council (DCUC) has sent a letter to Chairman Patrick McHenry (R-NC) and Ranking Member Maxine Waters (D-CA) of the House Financial Services Committee urging the HFSC to protect the independence of the National Credit Union Administration.

ALEXANDRIA, Va.—When the NCUA board meets Thursday it will receive a briefing on the National Credit Union Share Insurance Fund quarterly report and address the Central Liquidity Facility’s 2025-2026 budget.

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