From News from America's Credit Unions <[email protected]>
Subject Madry to Congress: Stop regulatory overreach ‘before it is too late’
Date May 10, 2024 11:12 AM
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May 10, 2024

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Madry to Congress: Stop regulatory overreach ‘before it is too late’ ([link removed] )

Recent regulatory actions have credit unions facing a “tidal wave” of burdens and restrictions, Afena Federal Credit Union President/CEO Karen Madry told the Senate Banking Committee in testimony Thursday. Madry testified on behalf of America’s Credit Unions for a hearing on financial services fees. “The onslaught of new regulations and attacks on income sources is …

Credit unions look to offer ‘something for everyone’ despite challenges ([link removed] )

Credit card rewards are among the many services credit unions offer to meet members’ needs, Apple Federal Credit Union President/CEO Andy Grimm highlighted during a joint CFPB/Department of Transportation hearing Thursday. Grimm said Apple Federal Credit Union is dedicated to advancing financial education and he considers his credit union “to have something for everyone” when …

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