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WASHINGTON, DC – The Defense Credit Union Council, DCUC, commends Congress for passing the Fiscal Year 2026 National Defense Authorization Act (NDAA) without any inclusion of Durbin–Marshall amendments or proposals. This outcome reflects DCUC’s sustained advocacy and leadership in opposing attempts to attach these provisions and other harmful language to the NDAA.
The Defense Credit Union Council (DCUC) has submitted a letter to House Small Business Committee Chairman Roger Williams and Ranking Member Nydia Velázquez ahead of the hearing, “From Service to Startup: Empowering Veteran Entrepreneurs.”
Today, the Defense Credit Union Council, DCUC, joined a broad coalition of leading financial services associations and organizations in submitting a joint letter to Ann E. Misback, Secretary of the Board of Governors of the Federal Reserve System. The coalition urged the Federal Reserve to withdraw its 2023 proposed amendments to Regulation II, citing ongoing legal uncertainty and outdated data used to support the proposal.
The Defense Credit Union Council, DCUC, expresses its disappointment that the latest text of the Fiscal Year 2026 National Defense Authorization Act (NDAA) excludes critical credit union provisions that were part of the Senate-passed version. These provisions, adopted with overwhelming bipartisan support in the Senate, would have strengthened the National Credit Union Administration’s (NCUA) Central Liquidity Facility (CLF) and enhanced the U.S. Treasury’s Community Development Financial Institutions (CDFI) Fund.
The Defense Credit Union Council (DCUC) immediately wrote to Senator Elizabeth Warren in response to her December 2 correspondence regarding overdraft fees at credit unions. In the letter, DCUC Chief Advocacy Officer Jason Stverak reminded the critical differences between credit unions and large for-profit banks, emphasizing the member-owned, not-for-profit structure that drives consumer-friendly policies across the industry.
Your weekly advocacy update: Stay informed, take action, and champion the voice of America’s defense credit unions! This week, DCUC led strong advocacy on Capitol Hill and with federal agencies, urging stronger credit union representation in policymaking, opposing harmful regulatory proposals, and reinforcing the essential role credit unions play for military and veteran communities.
Today, the Defense Credit Union Council, DCUC, sent a letter to Senate Majority Leader John Thune and Minority Leader Chuck Schumer urging swift passage of S. 522, the Credit Union Board Modernization Act, before the Senate adjourns for the year.
The Defense Credit Union Council (DCUC) proudly welcomes Texas Dow Employees Credit Union (TDECU) as its newest member.
WASHINGTON, DC – “If we want to maintain an all-volunteer force, we must ensure that those who serve can afford to live where they serve,” reminds Anthony Hernandez, DCUC President/CEO.
The Defense Credit Union Council, DCUC, recently sent a letter to the Financial Crimes Enforcement Network (FinCEN) supporting the proposed renewal, without changes, of existing Bank Secrecy Act (BSA) information-collection requirements governing information sharing between government agencies and financial institutions.
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