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WASHINGTON—The Defense Credit Union Council is pushing back against the American Bankers Association’s recent survey and policy recommendations, calling the ABA’s criticisms of credit unions “misleading” and part of a broader effort to chip away at the credit union model.

NEW YORK—U.S. outbound remittances are expected to grow only modestly in 2026—a shift credit unions with active remittance programs will want to watch closely.

WASHINGTON—The CFPB is preparing to furlough most of its workforce on Dec. 31, agency officials told employees, marking the most dramatic step yet in the Trump administration’s effort to wind down the Bureau’s operations.

WASHINGTON—The Consumer Financial Protection Bureau will convene its Consumer Advisory Board (CAB) on Dec. 10, for a public virtual meeting focused squarely on fair-lending issues and the growing debate over “debanking,” according to a notice published in the Federal Register.

MADISON, Wis.-- CUES has announced this year’s distinguished award recipients, celebrating visionary leaders and one exceptional credit union redefining excellence and inspiring the movement’s next generation of trailblazers. 

WASHINGTON—The Office of the Comptroller of the Currency is moving to ease regulatory pressure on community banks, unveiling new supervisory steps and a forthcoming rule proposal aimed at helping smaller institutions stay competitive and sustain local lending.

WASHINGTON—The Defense Credit Union Council is throwing its support behind the Senate Appropriations Committee’s proposal to provide $324 million for the CDFI Fund, calling the investment a significant boost for credit unions serving military and veteran communities.

WASHINGTON—House Financial Services Committee leaders are pressing federal banking regulators to overhaul how large-bank standards are applied, arguing the current framework imposes “one-size-fits-all” requirements that Congress expressly rejected.