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CUNA and NAFCU are now America's Credit Unions.

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April 19, 2024

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House committee passes resolution to void CFPB credit card late fee rule ([link removed] )

The House Financial Services Committee voted 28-22 to advance a resolution to repeal the CFPB’s credit card late fee final rule via the Congressional Review Act. America’s Credit Unions strongly supports the resolution, which has also been introduced in the Senate. Ahead of the vote, America’s Credit Unions President/CEO Jim Nussle called the final rule …

America’s Credit Unions shares importance of financial capability on Capitol Hill ([link removed] )

Members of the America’s Credit Unions lobbying team were on Capitol Hill Thursday to participate in the Financial Literacy and Wealth Creation Caucus’ Financial Literacy Resource Fair in celebration of Financial Capability Month. Financial Literacy and Wealth Creation Caucus co-chairs Reps. Joyce Beatty, D-Ohio, and Young Kim, R-Calif., opened the event with remarks on …

NCUA looks to improve records retention program ([link removed] )

The NCUA Board approved an advance notice of proposed rulemaking (ANPR) to seek stakeholder comments on ways to improve and update the records preservation program regulations during its April meeting. The NCUA Board wants feedback to determine if updates to its record preservation regulations are needed, and in what manner, so credit unions properly preserve …

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