Two national credit union associations are merging to create a new advocacy group. Members of the Credit Union National Association (CUNA) and National Association of Federally-Insured Credit Unions (NAFCU) have voted to join forces to become America’s Credit Unions, the groups said in a news release provided to...
Debit interchange fees may see a revamp — a refashioning of the charges levied on merchants, the likes of which has not been seen in a decade. Next week, the Federal Reserve will take up an examination of “proposed revisions to the Board’s debit interchange...
The National Association of Federally-Insured Credit Unions (NAFCU) sent a letter to two state senators yesterday, expressing its support for The Economic Growth, Regulatory Relief and Consumer Protection Act. Executive vice president of government affairs and general counsel, Carrie Hunt, sent the letter to Senate...
A bill introduced in Congress last week would allow credit unions – regardless of charter – to boost their membership efforts and rosters to include underserved communities across the United States. According to American Banker, the bill, introduced by House Reps. Gwen Moore, Democrat of Wisconsin...
May 23, 2024
The Federal Reserve’s proposal to lower debit interchange fee caps has drawn a flurry of responses — roughly 2,500 responses, in fact — from trade organizations representing merchants and financial services firms, from bank executives and unaffiliated individuals too. Generally speaking, the comment period after a rule is proposed offers up insight from the various […]
October 19, 2023
Debit interchange fees may see a revamp — a refashioning of the charges levied on merchants, the likes of which has not been seen in a decade. Next week, the...
July 31, 2017
Is the credit union market ready for its close-up? It’s a market that is showing clear signs of growth. In fact, the federally backed National Credit Union Administration (NCUA) reported...
November 02, 2023
Two national credit union associations are merging to create a new advocacy group. Members of the Credit Union National Association (CUNA) and National Association of Federally-Insured Credit Unions (NAFCU) have voted to join forces to become America’s Credit Unions, the groups said in a news release provided to PYMNTS Thursday (Nov. 2). “This merger is a historic opportunity […]
March 07, 2018
The National Association of Federally-Insured Credit Unions (NAFCU) sent a letter to two state senators yesterday, expressing its support for The Economic Growth, Regulatory Relief and Consumer Protection Act. Executive...
December 18, 2017
A bill introduced in Congress last week would allow credit unions – regardless of charter – to boost their membership efforts and rosters to include underserved communities across the United...
