America’s Credit Unions is legally active as of Jan. 1, and the organization is at the beginning of a “historic transformation into a new powerhouse national association,” America’s Credit Unions President/CEO Jim Nussle said in a video message sent to members Tuesday. With the new organization active, leaders and staff are focusing on advocating and …
Credit unions can now access the America’s Credit Unions temporary website for need-to-know updates about the transformation, contact information, and important resources. Members will still have access to the legacy NAFCU and legacy CUNA websites during the 2024 transition period. The website features a brief overview of America’s Credit Unions advocacy priorities, the latest posts on the Compliance Blog, and the 2024 event lineup. News stories and press releases are also accessible. …
Credit union trades urged the CFPB to delay and make changes to its proposed rule that would require financial institutions – including credit unions – to provide transaction data and other information concerning a consumer financial product or service upon request. The proposed rule is the bureau’s effort to implement section 1033 of the Dodd-Frank …