NCUA to Host Board Meeting This Week Amidst Ongoing Legal Battle
The NCUA announced its intention to host a board meeting on September 18th, the first since the reinstatement of board members Harper and Otsuka was stayed by an appeals court, reports Emily Claus.
America’s Credit Unions Working with the FCC to Find Robocall Solution
In response to a new Telephone Consumer Protection Act order, which would revoke consent for all automated calls and messaging should the member only opt out of one, America’s Credit Unions has been meeting with the FCC to hopefully secure a change in the rule, Emily Claus reports.
The Phantom Debt of Buy Now, Pay Later
As the total amount of buy now, pay later debt continues to climb, as does the risk to credit unions and the housing market. Emily Claus discusses the rise of Buy Now, Pay Later services, the phantom debt they create, and what it all means for credit unions.
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.
