America’s Credit Unions Letter to House Armed Services Committee on FY 2025 NDAA Markup
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Nussle: Fraud solutions should not expand liability under EFTA
Legislative proposals to expand financial institution liability under the Electronic Fund Transfer Act (EFTA) are deeply concerning to America’s Credit Unions and its members, President/CEO Jim Nussle wrote to the Senate Homeland Security Permanent Subcommittee on Investigations Monday. The committee will conduct a hearing on fraud and the Zelle network Tuesday. Credit unions, community banks, …
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Nussle talks TCPA, other issues with FCC chairwoman
America’s Credit Unions President/CEO Jim Nussle and members of the organization’s advocacy team met with Federal Communications Commission (FCC) Chairwoman Jessica Rosenworcel Monday to discuss credit union priorities related to several agency actions. The group discussed America’s Credit Unions’ recent comments filed with the FCC urging it to reject a request to require an automated …
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Demangone: Credit unions believe in financial access for all
Credit unions’ focus on members helps them provide more personalized service, America’s Credit Unions Chief Membership and Engagement Officer Anthony Demangone told Vox Creative for an article on how joining a credit union benefits communities. In addition to products and services, Demangone notes that credit unions also partner with members to help them achieve “life’s …
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This week: Congress in D.C., NCUA conducts board meeting
The House and Senate are in Washington D.C., this week, and America’s Credit Unions will be engaged with activities on Capitol Hill, as well as the NCUA’s May board meeting. The House is scheduled to vote on a bill to create a framework for digital assets that aims to create innovation while protecting investors and …
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Notice and comment rulemaking is the “backbone of responsible regulation”
“Notice and comment rulemaking is the backbone of responsible regulation,” wrote America’s Credit Unions’ Amanda Smith in a letter to the Office of Management and Budget Friday. “As industry grew more complex in the early 20th century, so did its oversight. The government’s answer to this burgeoning complexity was to defer regulation to the federal …
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NCUA to host ‘What is an MDI?’ webinar June 5
The NCUA is hosting a webinar June 5 for credit unions interested in the minority depository institution (MDI) designation and how it benefits members. Online registration is now open for the webinar, which is scheduled to begin at 2 p.m. Eastern. The webinar, part of MDI Awareness month, includes scheduled presentations from the NCUA’s Offices …