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CUNA and NAFCU are now America's Credit Unions.

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April 8, 2024

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This week: Congress back in session; NCUA hosts webinar, releases board meeting agenda ([link removed] )

Congress returns to Washington after a two-week recess, and America’s Credit Unions remains engaged with lawmakers to advance credit union priorities. The House Financial Services Committee will hold a hearing Wednesday to discuss the U.S. Securities and Exchange Commission’s climate rule. Additionally, the Senate Banking Committee will hold also hold a hearing Wednesday on the …

Credit unions raise $550K for CMN during Cherry Blossom Run ([link removed] )

America’s Credit Unions and credit union advocates presented Children’s Miracle Network (CMN) Hospitals with a check for $550,000 Sunday morning at the 51st Credit Union Cherry Blossom 10 Mile Run. Sarah Chelangat was the first-place women’s finisher with a time of 51:14, breaking the women’s course record. Chelangat also won last year with a time …

Compliance: St. John details CTA requirements, developments ([link removed] )

America’s Credit Unions’ Nick St. John appeared on the Payments Pros podcast to discuss the Corporate Transparency Act (CTA) and related developments from the Financial Crimes Enforcement Network (FinCEN). The CTA was enacted in 2021 and aims to combat the use of anonymous legal entities for money laundering. It mandates that legal entities report their …

March’s jobs report signals ‘easing pressure on inflation’ ([link removed] )

The Bureau of Labor and Statistics (BLS) released March’s jobs report Friday, noting 303,000 jobs were added and the unemployment rate rose slightly to 3.8%. Jobs gains were mostly seen in health care, government, and construction. Employment in leisure and hospitality trended up in March and has returned to its pre-pandemic February 2020 level. “The …

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