|
WASHINGTON, D.C. – The Defense Credit Union Council (DCUC) sent a letter last Friday to the Office of Management and Budget Director Russell Vought requesting the reinstatement of the Consumer Financial Protection Bureau’s Credit Union Advisory Council (CUAC).
The Defense Credit Union Council, DCUC, releases the following statement regarding the Senate Appropriations Committee’s recent proposal to allocate $324 million to the CDFI Fund:
 As DCUC’s President and Chief Executive Officer, I am proud to report that the DCUC Board of Directors unanimously approved our new Strategic Design and fully resourced each line of effort to achieve our objectives. You can expect our focus to remain on building a stronger national trade association, structured to deliver results for the industry as DCUC transforms and grows. I can assure you that we worked extremely hard on building and proposing a credible plan.
Advocacy in Action: Standing Strong After the Shutdown - Defending Our Credit Union Priorities11/25/2025
 When the federal government shutdown hit this fall, credit unions across the country sprang into action. We offered furloughed government employees and military families emergency no-interest loans, skip-a-payment options, and fee waivers to help make ends meet.
WASHINGTON, DC – Today, the Defense Credit Union Council, DCUC, sent a letter to U.S. Treasury Secretary Scott Bessent expressing strong opposition to recent banking-industry proposals that would require federal credit unions to file IRS Form 990.
WASHINGTON, DC – The Defense Credit Union Council, DCUC, issues the following statement:
The Supreme Court’s decision to pause action on the Harper/Otsuka case, while proceeding with oral arguments in the Humphrey’s Executor challenge, highlights that the future structure and leadership of the NCUA Board remain uncertain and continue to evolve.  Your weekly advocacy update: Stay informed, take action, and champion the voice of America’s defense credit unions! This week, DCUC actively defended the credit union mission, engaging Congress on deposit insurance, opposing Form 990 proposals for federal credit unions, countering attacks on the credit union tax status, and urging restoration of the CDFI Fund’s full operations. DCUC also joined a broad coalition in calling for stronger FCC action on robocalls and swiftly rebutted the ABA’s survey and statements targeting credit unions.
Stay up to speed as we push forward! Follow along with our weekly announcements here. WASHINGTON, DC – The Defense Credit Union Council (DCUC) has joined a broad coalition of leading financial trade associations and consumer protection organizations in filing a joint letter with the Federal Communications Commission (FCC) regarding its obligations under the Telephone Robocall Abuse Criminal Enforcement and Deterrence (TRACED) Act.
WASHINGTON, DC – The Defense Credit Union Council, DCUC, applauds the rehiring of all Community Development Financial Institutions (CDFI) Fund employees following recent layoffs. DCUC praised this development as a crucial step toward restoring the Fund’s mission of providing affordable financial services to underserved communities and military families. The announcement comes just weeks after reports that a reduction-in-force had eliminated the entire CDFI Fund staff, effectively shuttering the program. DCUC had warned that eliminating this program would be a “grave mistake” with far-reaching impacts on financial readiness and military preparedness
WASHINGTON, DC – Today, the Defense Credit Union Council, DCUC, sent a letter to the Senate Banking Committee and the House Financial Services Committee firmly opposing proposals to require federal credit unions to file IRS Form 990.
|
Categories
All
Archives
December 2025
|
RSS Feed
|
|
Copyright Defense Credit Union Council. All Rights Reserved.