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A recent article titled “The Community Bank Acquisition Machine” portrays credit unions as aggressive predators buying up community banks. As the leader of the Defense Credit Union Council (DCUC), I refuse to let that misinformation stand.

Payments move faster than ever. A tap, a click, a fingerprint and the transaction is complete. Fairness has not kept pace. We have built beautifully efficient front-end experiences that make moving money effortless. Now we need the same clarity, intelligence and accountability behind the scenes.

WASHINGTON—A preliminary federal review has found that the nation’s nine largest banks previously imposed improper restrictions on certain lawful but controversial industries, a practice widely described as “debanking,” according to a report released Wednesday by the Office of the Comptroller of the Currency (OCC), Reuters reported.

WASHINGTON—Financial institutions are seeing rapid growth and deeper engagement in Bank On–certified accounts, according to new 2024 data from the Federal Reserve Bank of St. Louis.

WASHINGTON—Congress has passed the Fiscal Year 2026 National Defense Authorization Act (NDAA) without any Durbin–Marshall amendments or related interchange proposals, the Defense Credit Union Council reported.