Credit Unions, Community, and Christmas
The holidays are finally upon us, and as we prepare for all the fun and joy the season brings, Emily Claus reminds credit unions not to forget to do their part to support their members and community during the most expensive time of the year.
NCUA Approves New, Smaller Budget
After public feedback, the NCUA board has modified and approved the final budgets for 2026 and 2027, which are notably smaller than previous years, Emily Claus reports.
NCUA to Hold December 18 Board Meeting as Scheduled
The National Credit Union Administration will hold its December 18 board meeting as scheduled, during which the board will receive a briefing on the 2026-2027 budget and the Share Insurance Fund.
America’s Credit Unions CEO Discusses 2026 Advocacy Priorities
In response to America’s Credit Unions releasing its 2026 advocacy priorities last week, the agencies new CEO, Scott Simpson, shares inside thoughts on the motivations and goals for each one. Emily Claus reports.
NCUA Chair Kyle Hauptman Testifies Before the House Financial Services Committee
NCUA Chair Kyle Hauptman participated in a hearing of the House Committee on Financial Services alongside colleagues from the Federal Reserve, FDIC, and Office of the Comptroller. CUSO Magazine’s Esteban Camargo reports on the hearing.
America’s Credit Unions Advocating for Credit Unions to be Authorized Trump Account Providers
America’s Credit Unions has sent a letter to the Treasury Department advocating that credit unions be authorized servicers of the new “Trump Accounts” once they are rolled out, reports Emily Claus.
CFPB Running Out of Funding Runway
The Justice Department recently ruled that as the Federal Reserve has no profits from which to draw funding, the Consumer Financial Protection Bureau does not currently have a means of legally acquiring funding, which is poised to run out in 2026. CUSO Magazine’s Esteban Camargo reports.
Interchange Fee Lawsuit Reaches Settlement
A twenty-year lawsuit between Visa, Mastercard, and US merchants on interchange fees has finally reached a settlement, Emily Claus reports.
NCUA Moving Forward with CDRLF Grants
Though many government programs face an uphill battle to retain funding, the NCUA has released a reminder that yes, its Community Development Revolving Loan Fund grant program is still operating as usual and eligible credit unions can still apply.
As NCUA Reschedules Budget Hearing, November Board Meeting Withdrawn
The National Credit Union Administration has rescheduled its public budget hearing for the 2026-2027 budget cycle; and has withdrawn its November board meeting, reports CUSO Magazine’s Esteban Camargo.
