The National Association of Federally-Insured Credit Unions launched a “Stop Big Bank Bullies” digital advertising campaign Monday in an effort to fire back at banking trade groups that are arguing that credit unions no longer deserve their tax exemption.
The National Credit Union Administration board is asking Congress to make permanent the pandemic-related changes to the agency’s Central Liquidity Facility.
Those changes are set to expire on Dec. 31.
Congress returns to Washington this week, with a huge number of issues—including some directly affecting credit unions—unresolved.
Here’s a guide to some of the issues to watch during the next few weeks.
A bipartisan group of the nation’s governors is pressing congressional leaders to ensure that a marijuana banking plan is included in the defense authorization bill the Senate will take up after Thanksgiving.
An influential community group last week joined bankers in telling Congress that credit unions are not fulfilling their mission and are not sufficiently accountable to the communities they serve.
For the health and safety of their employees, National Credit Union Administration officials should not set an arbitrary date for workers to return to their offices as the pandemic subsides, the president of the union representing agency employees said Friday
Cutting deals on contentious issues Thursday, the National Credit Union Administration board approved a draft Strategic Plan that includes a climate change statement and adopted a compromise final rule governing shared facilities.
The National Credit Union Administration on Wednesday proposed a $326.6 million operating budget for 2022, a 3.6% increase from the 2021 budget.
The Consumer Financial Protection Bureau announced Tuesday it is soliciting comments on the agency’s Home Mortgage Disclosure Act rule—a controversial regulation often criticized by credit union trade groups.
A postal banking pilot program being run by the U.S. Postal Service is a bad idea, is not needed, and may violate federal law, 19 Republican senators wrote in a letter to Postmaster General Louis DeJoy on Monday.