Incoming CEO of America’s Credit Unions Shares Priorities
Ahead of his tenure as America’s Credit Unions new President and CEO, Scott Simpson updates the industry on his perspectives, experience, and priorities, Emily Claus reports.
The Unsung Heroes: America’s Credit Union Museum Pays Tribute
In deference to the hardworking pioneers of the credit union movement, America’s Credit Union Museum has unveiled its newest exhibit, Woven in History: A Tapestry of Unsung Heroes. Emily Claus sat down with the museum’s Executive Director, Stephanie Smith, to learn more about the inspiration for the exhibit as well as their upcoming day of giving, a Labor of Love.
Credit Union Supported Bill Passes Senate
Over the weekend, the Senate passed the Homebuyers Privacy Protection Act, a credit union-supported bill, aimed at stopping the practice of trigger leads, Emily Claus reports.
Igniting a Financial Rebellion: Modernizing Financial Literacy for Younger Generations
Credit unions are rushing to bring in younger members amidst the Great Wealth Transfer, but are often missing the mark on how to do so. To help, Emily Claus sat down with Todd Romer, founder of Young Money University to learn how credit unions can better connect with these potential members through modernized financial literacy programs.
Federal Judge Reinstates Fired NCUA Board Members Harper and Otsuka
In a win for NCUA’s independence, a US District Judge has ruled that the President overstepped his authority in firing NCUA Board Members Tanya Otsuka and Todd Harper in April of this year, ordering that they be reinstated to their positions immediately, reports Emily Claus.
House Financial Services Committee Introduces Bill to Create More Credit Unions
Emily Claus reports on the House Financial Services Committee’s introduction of the American Access to Banking Act, which aims to support the creation of de novo credit unions and community banks.
Payments, Fraud, and AI—Oh My!
As members enjoy the ability to move money more easily, they also open themselves to risk. Amanda Crocker, President of SWIVEL, shares how credit unions can adopt these new technologies while also staving off fraud by finding the right partner.
Credit Unions Secure Tax Exemption Status
After months of relentless efforts, credit unions have managed to secure the safety of the tax-exemption status, now that the budget reconciliation bill has officially been signed into law, reports Emily Claus.
CUSO Magazine Introduces: Credit Union History Month
CUSO Magazine is thrilled to announce the creation of Credit Union History Month, an event devoted to looking back at the key credit union moments and players that brought our industry to where it is today. Emily Claus shares the purpose of the event, how we’ll be celebrating, and how your credit union can get the most out of it.
House and Senate Committees Put Pressure on NCUA’s Lone Board Member
As the agency currently operates with a one board member quorum, House and Senate committees are questioning the NCUA’s ability to do so and requesting information on its daily functions, reports Emily Claus.