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NAFCU is now America's Credit Unions.

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January 16, 2024

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This week: America’s Credit Unions engaged as partial gov’t shutdown looms ([link removed] )

This week, America’s Credit Unions remains engaged on Capitol Hill as lawmakers near the Jan. 19 deadline to secure government funding for four appropriations measures, including Agriculture, Energy, Veterans, Transportation and Housing programs, amongst others. Funding for eight other appropriations bills that fund other areas of the government expires Feb. 2. Congress is expected to …

America’s Credit Unions meets with House Majority Whip ([link removed] )

Key credit union meetings with congressional leaders, including House Majority Whip Tom Emmer, R-Minn., are underway as Congress returns to session. America’s Credit Unions’ Abby Gunderson-Schwarz met with Emmer and multiple Republican House Financial Services Committee members last week as part of a key stakeholders gathering to discuss issues facing the financial industry. Gunderson-Schwarz flagged …

America’s Credit Unions staff presents at compliance roundtable ([link removed] )

America’s Credit Unions’ Nick St. John, JaMonika Williams, and Judy Dahn presented at the Capital Area Compliance Roundtable (CACR) Friday. CACR is a group of credit unions located in the Washington, D.C., area. Staff presented updates on important recent compliance developments, including the Financial Crimes Enforcement Network’s (FinCEN) Beneficial Ownership Information (BOI) rule, CFPB enforcement actions, and …

Rep. Kim encourages support for bipartisan loan maturity bill ([link removed] )

Rep. Young Kim, R-Calif., congratulated America’s Credit Unions on its launch and called for support of her legislation to increase federal credit union loan maturities in a video message. Kim introduced the Expanding Access to Lending Options Act Wednesday with Reps. Scott Fitzgerald, R-Wis., Juan Vargas, D-Calif., and Brad Sherman, D-Calif. “This bipartisan bill would …

Credit unions attend discussion on barriers for justice-impacted individuals ([link removed] )

Credit unions were represented Friday at a roundtable hosted by the U.S. Department of Treasury on addressing barriers in financial services for justice-impacted individuals. America’s Credit Unions’ Samira Salem and Clement Abonyi attended, in addition to several credit unions. The event—hosted by CNN commentator and former South Carolina state Rep. Bakari Sellers—featured discussions on …

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