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 …
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 …
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. …