DCUC recently announced Jack Fallis, President, PNW & International Markets Global CU, as the new DCUC Board Chairman. Fallis has served on DCUC’s Board of Directors since 2017, most recently as 1st Vice Chair. Fallis officially  assumed the role of Chairman after a “DCUC first-ever” passing of the gavel ceremony held during DCUC’s Annual Conference and Hall of Honor gala on Thursday, August 10.

Several critical issues are on the clock, and DCUC is on top of all of them. Here’s a grab bag of what we’re watching
closely:

​We all know that change is the only “constant” successful organizations anticipate, plan for, and manage as time marches on. When change occurs or is necessary, the choice is simple: adapt or wither away. How many  department  stores, communication devices, and video arcades are no longer part of our culture?

​DCUC and eight trade associations representing banks and credit unions, including those primarily serving military-affiliated customers and members, released a joint statement opposing Senator Roger Marshall's (R-KS) efforts to derail the National Defense Authorization Act (NDAA) unless the Senator receives consideration for his proposed credit card routing legislation (S. 1838) as an amendment:

​The Defense Credit Union Council (DCUC) recently concluded its free webinar, “Speaking Military: Enhancing Credit Union Communication and Support for Military and Veteran Members,” hosted by CUInsight on Wednesday, July 12, 2023. DCUC specifically designed the webinar to provide information, strategies, and resources to all credit unions interested in effectively communicating with and best serving military personnel, veterans, and their families.

​Sens. Dick Durbin (D-IL.), Roger Marshall (R-Kan.), J.D. Vance (R-Ohio) and Peter Welch (D-Vt.) on June 7 introduced the Credit Card Competition Act (CCCA, S. 1838), which would require banks with more than $100 billion in assets to offer merchants at least two networks to process credit cards. Under terms of the bill, at least one of these payment rails could not be owned by Visa or Mastercard. A House companion bill, HR 3881 was introduced by Rep. Lance Gooden (R-TX).

For over 60 years, DCUC has played an important role within the credit union industry. Our founders saw the need for an association that could “speak military,” one that understood the unique financial opportunities and challenges our service members encounter during, and after, their time of service.