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.

​WASHINGTON, D.C. – The Defense Credit Union Council (DCUC) issues the following statement regarding the reintroduction of legislation by Ranking Member Waters (D-CA) aimed at promoting racial equity in lending, in honor of the 30th anniversary of the Community Development Financial Institutions (CDFI) Fund.

But is the cure worse than the disease? So, if a bad bill doesn’t become a law in Congress, there’s nothing to worry about, right?

Not necessarily, as new legislation aimed at payment fraud illustrates how issues in Washington tend to percolate far beyond the halls of Congress.

DCUC’s Advocacy Reimagined is an exciting new initiative for the Council, marking a significant expansion of DCUC’s
advocacy efforts in both our Nation’s capital and beyond. As you are aware, defense credit unions play a unique and critical role in serving military personnel, veterans, and their families. Now, more than ever, it is essential the defense credit union voice is heard clearly and powerfully at the federal level, where legislative and regulatory decisions can have profound impacts on credit unions’ ability to continue serving those who serve our country.

​WASHINGTON, D.C. – Today, the Defense Credit Union Council (DCUC) sent a letter to Senators Bob Casey (D-PA) and Mike Braun (D-IN) of the Senate Special Committee on Aging, addressing the increasing threat of financial fraud targeting older citizens, with a specific focus on veterans. DCUC’s letter provided comments for the committee’s review ahead of the committee’s September 19, 2024, hearing titled, “Fighting Fraud: How Scammers are Stealing from Older Adults.”