NAFCU

Twenty-two trade groups, including seven financial trade groups, sent a letter to House lawmakers calling for new data security standards that would preempt state law.

Executives from across the credit union movement offered a largely positive take on the possible appointment of NCUA Chairman J. Mark McWatters to lead the Consumer Financial Protection Bureau.

The regulator on Thursday announced a delay in the implementation of its prepaid rule, along with safe harbor for HMDA data reporting.

Seven trade associations — including those representing banks and credit unions — sent a joint letter to Congress outlining data security standards for entities that handle financial data.

The leaders of both national credit union trade associations praised lawmakers for maintain the movement’s tax-exempt status in the final version of a controversial tax reform bill.

Credit union trade associations lauded lawmakers while bankers -- predictably -- lamented the news.

U.S. Reps. Gwen Moore and Paul Cook introduced a bill this week would allow more credit unions to expand their fields of membership to underserved communities.

Credit union trade associations applaud as legislation moves forward with bipartisan support.

A recent CU Journal article misses a crucial point about credit unions and distributed-ledger technology.

Both Mick Mulvaney and Leandra English showed up to lead the agency this morning, but credit union trade associations have only addressed Trump’s appointee.