GAC News - America's Credit Unions

Thousands visit Capitol Hill to advance credit union priorities

GAC Featured, GAC News, GAC Trending, GAC Wednesday, News / March 7, 2024 / gac / 2 minutes of reading

Thousands of credit union advocates from every state and the District of Columbia conducted more than 600 meetings on Capitol Hill in conjunction with the 2024 Governmental Affairs Conference (GAC), bringing the credit union difference directly to legislators and regulators. Interchange was the number one topic of discussion in meetings, particularly after the bipartisan letter …

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Sen. Warner, Rep. Houchin talk credit union support at GAC

GAC News, GAC Trending, GAC Wednesday, News / March 7, 2024 / gac / 2 minutes of reading

Sen. Mark Warner, D-Va., and Rep. Erin Houchin, R-Ind., addressed the Governmental Affairs Conference (GAC) from the main stage Wednesday. Warner told attendees he’s on “the right side of the interchange issue,” and spoke about his support for Community Development Financial Institutions (CDFIs) and the importance of making sure credit unions can access the program …

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NCUA’s Hauptman shares perspective on innovation, consumer protection at GAC

GAC News, GAC Trending, GAC Wednesday, News / March 7, 2024 / 2 minutes of reading

NCUA Vice Chairman Kyle Hauptman shared his perspective on a variety of topics during a Q&A with America’s Credit Unions’ Ann Petros at the 2024 Governmental Affairs Conference (GAC) Wednesday, including that he doesn’t support third-party vendor authority for the NCUA nor creating a “mini CFPB” at the agency. Hauptman stressed the real-world consequences of …

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White: Consistency is key

GAC News, GAC Trending, GAC Wednesday, News / March 7, 2024 / 2 minutes of reading

Five-time Olympian and three-time Olympic gold medalist Shaun White knows a lot about success. He shared his tips for credit union leaders during a keynote fireside chat with emcee Mia Perez to close out general sessions at the Governmental Affairs Conference (GAC) Wednesday. To illustrate how he got to where he is today, White started …

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May, Nussle discuss importance of service in leadership

GAC News, GAC Trending, GAC Tuesday, News / March 7, 2024 / 2 minutes of reading

The Rt. Honorable Theresa May joined America’s Credit Unions President/CEO Jim Nussle Tuesday for a discussion during the organization’s 2024 Governmental Affairs Conference (GAC). As only the second woman to serve as Britain’s Prime Minister, May shared her perspective on politics, geopolitical relations, working to find compromise, and stories from her time of service. Much …

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How credit unions can embed DEI into strategy

GAC News, GAC Trending, GAC Wednesday, News / March 7, 2024 / 3 minutes of reading

Organizations can’t treat diversity, equity, and inclusion (DEI) as a side project and achieve meaningful change. Successful initiatives require commitment and support from senior leadership, an understanding of the business need and required investment, and clear DEI strategy and aspirations. So say Jackie Wong, associate partner and senior DEI expert at McKinsey, and Jonathan Njus, …

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Reps. Hill, Kim pledge to support credit unions against overreach

GAC Featured, GAC News, GAC Trending, GAC Tuesday, News / March 6, 2024 / interchange / 2 minutes of reading

Reps. French Hill, R-Ark., and Young Kim, R-Calif., addressed the 2024 Governmental Affairs Conference (GAC) Tuesday, expressing their support for the work credit unions do, and pledging to push back against government overreach. Hill, vice chairman of the House Financial Services Committee and chair of the Subcommittee on Digital Assets, Financial Technology and Inclusion, said …

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NCUA’s Otsuka, DOJ’s Clarke share goals, approach at GAC

GAC News, GAC Trending, GAC Tuesday, News / March 6, 2024 / ncua / 3 minutes of reading

NCUA Board Member Tanya Otsuka, and U.S. Assistant Attorney General for Civil Rights Kristen Clarke addressed the 2024 Governmental Affairs Conference (GAC) Tuesday, where they outlined their priorities for their respective offices. “My work at NCUA will be guided by a commitment to a safe and sound financial system of cooperative credit that ensures members …

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Theresa May, policymakers lead Tuesday; Shaun White, Hill visits Wednesday

GAC News, GAC Trending, GAC Tuesday, News / March 6, 2024 / gac / 1 minute of reading

Governmental Affairs Conference (GAC) attendees heard from members of Congress, policymakers, and a former U.K. Prime Minister Tuesday in Washington, D.C. America’s Credit Unions President/CEO Jim Nussle conducted a fireside chat with the Rt. Hon. Theresa May, where the former Prime Minister and current member of Parliament shared how service has shaped her career and …

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‘Junk’ fees, regulatory challenges, covered in GAC breakouts Tuesday

GAC News, GAC Trending, GAC Tuesday, News / March 6, 2024 / cfpb, gac, ncua / 3 minutes of reading

Regulators’ focus on eliminating so-called “junk fees” could deprive consumers of much-needed financial services, including access to affordable credit, according to a Tuesday panel discussion. The CFPB’s focus on fees is almost entirely political, panelists said. Participating in the discussion were Jim Hunsanger, chief risk officer at Michigan State University Federal Credit Union; Leah Dempsey, …

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