The World Young Credit Union Professional Network opened its annual scholarship for two exciting opportunities to advance leadership skills for emerging leaders in the credit union space during 2024, with applications due Dec. 15.
America’s Credit Unions Transition Board of Directors Chair Brian Schools and Vice Chair Lisa Ginter are encouraging credit unions to embrace the industry’s cooperative spirit as the new organization begins its transformative journey in 2024.
The House passed a continuing resolution Tuesday to fund the federal government into 2024, with current funding scheduled to expire Nov. 17. It would fund several areas—including financial services provisions and the National Flood Insurance Program—through Feb. 2.
CUNA Senior Economist Dawit Kebede said the Labor Department’s October Consumer Price Index Report shows overall prices remain unchanged in October relative to September. The headline inflation over the last 12 months increased by 3.2%, down from 3.7% the previous month.
CUNA, NAFCU, and other financial services organizations wrote to the CFPB Tuesday urging it to deny the recent petition seeking of a regulation banning pre-dispute arbitration provisions in contracts for consumer financial services.
New Jersey credit unions joined together to sponsor and support cleaning several beaches along the New Jersey coast, part of twice-yearly sweeps to help remove debris from more than 60 miles of New Jersey coastline.
Congress and NCUA should work with credit unions to pursue a legislative and regulatory approach aimed at ensuring credit unions can continue to serve their millions of members, CUNA and NAFCU wrote to the House Financial Services Committee prior to federal financial regulatory testimony.
The Federal Reserve published its interchange proposal Tuesday in the Federal Register with a comment deadline of Feb. 12. CUNA, Leagues, and credit unions strongly oppose changes to the current interchange system and are collaborating on a response with other financial services stakeholders.
The House and Senate are in Washington, D.C., and both chambers are expected to work on legislation funding the government past Nov. 17. Federal financial regulators—including NCUA Chairman Todd Harper and Fed Vice Chairman for Supervision Michael Barr—will testify before committees this week.
Credit union volunteers from five states and D.C. gathered for the 2023 Volunteer Leadership Conference, an annual event is co-hosted by the MD|DC Credit Union Association and the Cooperative Credit Union Association, providing board and supervisory committee members with insights to guide credit unions' strategic direction.
The Winter 2023 issue of Credit Union Magazine explores award-winning marketing, board training on a budget, developments in instant payments, service to small businesses, and NCUA’s final rule on member expulsion.