Berger, Nussle: Advocacy will continue to be job No. 1

NAFCU President and CEO Dan Berger and CUNA President and CEO Jim Nussle welcomed hundreds of credit union leaders to Washington, D.C., Monday morning to kick off NAFCU’s 2023 Congressional Caucus. Throughout the week, attendees will hear directly from lawmakers, regulators, and other government officials on key issues and have the opportunity to advocate for credit union priorities.

Congressional Caucus keynotes Brazile, Fleischer discuss state of American politics

Following the welcome address by NAFCU President and CEO Dan Berger and CUNA President and CEO Jim Nussle, Donna Brazile and Ari Fleischer discussed the American political scene, the state of the country, and the upcoming election.

Industry leaders cover interchange, CDFI Fund, marijuana banking, more at Caucus

Following the kickoff ceremony to NAFCU’s 2023 Congressional Caucus and welcome remarks from NAFCU President and CEO Dan Berger and CUNA President and CEO Jim Nussle – who will lead the proposed America’s Credit Unions – attendees heard from several industry leaders on topics important to credit unions.

🚩Closes 9/30 // Final Days To Register!

Sign up now for Regulatory Compliance School On-Demand. Registration closes on 9/30, with access through 12/1/2023. Earn your NCCO when you pass the optional exams!

NCUA announces $76M distribution

The NCUA Monday announced a $76 million distribution to paid-in capital shareholders of the former U.S. Central corporate credit union.

Consumer credit growth slows in July

Total consumer credit grew 2.5 percent in July at a seasonally-adjusted, annualized rate and is up 4.9 percent compared to a year ago. In addition, while revolving credit – primarily credit cards – rose 9.2 percent, it remains 10.2 percent higher than July 2022. Non-revolving credit – primarily auto and education loans – rose 0.2 percent in July and is up 3 percent from a year ago. NAFCU Vice President of Research and Chief Economist Curt Long broke down the data further in a new Macro Data Flash report.