CUNA & NAFCU are now America's Credit Unions.

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July 16, 2024

The Credit Union industry’s most important updates

FHLBanks ([link removed] )

Proposed FHLB mission statement, incentive program could restrict CU access ([link removed] )

The Federal Housing Finance Agency should reconsider establishing a Federal Home Loan Bank (FHLB) dual mission statement and consider targeted policy initiatives as alternatives, America’s Credit Unions and state Leagues wrote to the agency Monday. The FHFA proposed to establish core mission activities and mission achievement for the FHLBs. America’s Credit Unions and the Leagues …

Listen now: Podcast episode previews next week’s WCUC ([link removed] )

A new episode of the Global Credit Union Podcast from the World Council of Credit Unions (WOCCU) features an in-depth preview of the highly anticipated 2024 World Credit Union Conference. America’s Credit Unions is hosting the conference in conjunction with WOCCU. The World Credit Union Conference will bring together thousands of credit union leaders from …

Pennsylvania legislature adjourns without moving on interchange bill ([link removed] )

The latest effort to move state interchange provisions forward hit a road block last week in the Pennsylvania State Legislature. Lawmakers passed their state budget without any of the interchange provisions that credit unions fought to exclude, then adjourned for the summer. The introduced bill would have excluded interchange from being applied to the state sales tax. …

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