​WASHINGTON, D.C. – Today, the Defense Credit Union Council, DCUC, sent a letter to the Consumer Financial Protection Bureau (CFPB), outlining significant concerns regarding the finalized implementation of Section 1033 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. DCUC emphasized that while the intent of the rule is to enhance consumer control over financial data, the implications for credit unions could be detrimental. 

WASHINGTON, D.C - The Defense Credit Union Council, DCUC, voiced its opposition to the inclusion of the Credit Card Competition Act (CCCA) in any disaster supplemental appropriations legislation that might be considered by Congress.
 
In letters addressed to House Speaker Mike Johnson (R-LA 4th District) and Minority Leader Hakeem Jeffries (D-NY 8th District), and Senate Majority Leader Chuck Schumer (D-NY) and Minority Leader Mitch McConnell (R-KY), DCUC’s Chief Advocacy Officer, Jason Stverak, warned of the severe consequences this bill could have on credit unions serving military members, veterans, and their families.

WASHINGTON, D.C. – Today, the Defense Credit Union Council, DCUC, sent a letter to the National Credit Union Administration, NCUA, Chairman Todd Harper, expressing its concerns over the potential application of Community Reinvestment Act (CRA) provisions to credit unions.

WASHINGTON, D.C. – The Defense Credit Union Council’s, DCUC, Defending Credit Unions National Advocacy Fund has launched a targeted digital advertising campaign to highlight the risks and concerns of adding Senator Dick Durbin’s (D-IL) and Senator Roger Marshall’s (R-KS) proposed Credit Card Competition Act, CCCA, language to the 2025 National Defense Authorization Act, NDAA. The advertising campaign reaffirms DCUC’s position that any CCCA-like amendments could jeopardize important defense-related legislation while attempting to enrich the largest multinational retailers at the expense of our Nation’s military and veteran consumers.

​DAVENPORT, IA – The Defense Credit Union Council (DCUC) successfully concluded its 2024 Midwest Sub-Council Conference held from October 8-10. This year’s Midwest event, co-hosted by R.I.A. Federal Credit Union, brought together industry leaders to cover important topics including military service and financial technology, while also providing timely updates on key regulations and legislation impacting credit unions.

WASHINGTON, D.C. – In a letter sent on Thursday, October 3, 2024, the Defense Credit Union Council, DCUC, urged the National Credit Union Administration, NCUA, to strongly oppose a recently passed Illinois law on interchange fees on taxes and tips.

​DCUC expressed concerns that the law, which prohibits credit card companies from charging swipe fees on these transactions, could severely disrupt credit unions’ operations and the financial ecosystem as a whole.