Court exempts federal credit unions from Illinois interchange law
A federal court expanded an injunction against enforcement of the Illinois Interchange Fee Prohibition Act to include federal credit unions, ...
Tag: Credit unions
Crews designated NCUA chairman
John Crews has been sworn in as chairman of the National Credit Union Administration, the agency announced. Crews currently is ...
Senate confirms Crews to NCUA board
The Senate confirmed John Crews as a member of the National Credit Union Administration board as part of a block ...
ABA DataBank: Credit unions drifting from their core mission
In the first quarter of 2026, tax-exempt credit unions spent a combined $155.2 million on advertising and promotions and account ...
CFPB nominee Johnson pledges to restore accountability at agency
Brian Johnson, the nominee to lead the CFPB, told lawmakers that he would promote accountability at the agency by ensuring ...
ABA, associations seek agency alignment on Genius Act implementation
The National Credit Union Administration should coordinate with the banking agencies to ensure that Genius Act implementation is substantially similar ...
Supreme Court rejects effort to fire Fed’s Cook, allows firings at other independent agencies
The U.S. Supreme Court ruled that Fed Governor Lisa Cook can remain on the Fed board while a lawsuit challenging ...
ABA: Proposed rule would further erode legal restrictions on credit union membership
A proposal to ease “common bond” membership requirements for federal credit unions is part of a series of policy actions ...
NCUA adopts rule to assert federal preemption over state interchange laws
The NCUA is issuing an interim final rule to clarify the powers of federal credit unions to charge certain fees, ...
Time to revisit “low-income” credit unions
Deposit insurance reform invites a re-examination of how the low-income designation for credit unions distorts the marketplace.
