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 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 …
