Americas Credit Unions news and trends

Smaller Banks Warn of ‘Significant Impact’ From CFPB’s Proposed Overdraft Fee Regulation
Bank Regulation // January 04, 2024

The calendar has barely turned to a new year — and the Consumer Financial Protection Bureau (CFPB) has already had a fair share of criticism. The most recent volley against the Bureau came Wednesday (Jan. 3), as the American Bankers Association, in tandem with the...

National Credit Union Groups Merge to Form ‘America’s Credit Unions’
Credit Unions // November 02, 2023

Two national credit union associations are merging to create a new advocacy group. Members of the Credit Union National Association (CUNA) and National Association of Federally-Insured Credit Unions (NAFCU) have voted to join forces to become America’s Credit Unions, the groups said in a news release provided to...

Interviews & Exclusives
Smaller Banks Warn of ‘Significant Impact’ From CFPB’s Proposed Overdraft Fee Regulation

January 04, 2024
The calendar has barely turned to a new year — and the Consumer Financial Protection Bureau (CFPB) has already had a fair share of criticism. The most recent volley against the Bureau came Wednesday (Jan. 3), as the American Bankers Association, in tandem with the Independent Community Bankers of America and America’s Credit Unions — […]

Quick Reads
Bill Raising Asset Thresholds for Banking Regulations Heads to House Vote

May 17, 2024
The House Financial Services Committee (HFSC) voted Thursday (May 16) to advance a bill that would raise the asset thresholds for several regulations covering banks from $10 billion to $50 billion. The Bank Resilience and Regulatory Improvement Act (H.R. 8337) will now move to the full House for consideration, the HFSC said in a Thursday press release. The bill would raise the […]

National Credit Union Groups Merge to Form ‘America’s Credit Unions’

November 02, 2023
Two national credit union associations are merging to create a new advocacy group. Members of the Credit Union National Association (CUNA) and National Association of Federally-Insured Credit Unions (NAFCU) have voted to join...