![]() WASHINGTON, D.C. – The Defense Credit Union Council (DCUC) successfully hosted an exclusive Town Hall discussion featuring Congressman Tom Emmer (MN-06), U.S. House Majority Whip. The event offered DCUC members and Defense Matters 2025 attendees an invaluable opportunity to hear and engage directly with one of Congress’s key leaders on issues impacting credit unions and the broader financial services industry. The virtual discussion covered critical topics, including Congressman Emmer’s insights on digital asset regulation, financial services priorities in the House, bipartisan legislative efforts, and how credit unions can effectively advocate in Washington, D.C. “America’s credit unions play a key role in serving our communities and supporting our WASHINGTON, D.C. – Today, the Defense Credit Union Council (DCUC) sent a letter to the House Committee on Oversight and Accountability, Subcommittee on Government Operations, expressing appreciation for the Subcommittee’s efforts to improve the Department of Defense’s (DoD) financial management. DCUC also noted key challenges facing defense credit unions operating on military installations.
WASHINGTON, D.C. – Today, the Defense Credit Union Council (DCUC) sent a letter to the Senate Finance and House Ways and Means Committees, strongly urging lawmakers to preserve the federal tax exemption for credit unions as tax policy discussions ramp up.
In the letter, DCUC shared how the credit union tax exemption is a vital component of the U.S. financial system. DCUC Chief Advocacy Officer Jason Stverak explained how credit unions’ not-for-profit structure enables them to provide lower fees, better rates, and crucial community services, directly benefitting American consumers and the economy. WASHINGTON, D.C. – Today, the Defense Credit Union Council (DCUC) sent a letter to the House Financial Services Committee’s Subcommittee on Financial Institutions ahead of the April 29 hearing, "Regulatory Overreach: The Price Tag on American Prosperity." Representing credit unions serving military members, veterans, and their families, DCUC highlighted the disproportionate burden that one-size-fits-all regulations place on community-based financial institutions.
WASHINGTON, D.C. – The Defense Credit Union Council (DCUC) is excited to announce that registration is now open for its highly anticipated Annual Conference, taking place July 28 – August 1, 2025, at the beautiful JW Marriott Desert Springs Resort & Spa in Palm Desert, California.
The Defense Credit Union Council (DCUC) proudly welcomes Canvas Credit Union as its newest affiliate member.
WASHINGTON, D.C. – The Defense Credit Union Council, DCUC, issues the following statement following the recent NCUA announcement.
“DCUC appreciates the collaboration and support it has received from the Honorable Todd Harper and the Honorable Tanya Otsuka, as well as from the NCUA, during their service,” said Anthony Hernandez, DCUC President/CEO. “We thank Board Members Harper and Otsuka for their leadership in addressing issues important to credit unions serving military and veteran communities—including efforts related to APO/FPO access and charitable donation accounts. DCUC looks forward to working with the NCUA and the Administration, especially in protecting the NCUA's independence and the safety of the NCUSIF.” DCUC Applauds CFPB Settlement Victory for Common-Sense Regulation and Military Financial Well-Being4/15/2025
WASHINGTON, D.C. – The Defense Credit Union Council (DCUC) supports today’s settlement agreement between the Consumer Financial Protection Bureau (CFPB) and the American Bankers Association and other plaintiffs regarding the CFPB’s credit card late fee rule.
"This settlement represents a critical step forward in reforming regulatory overreach that would have significantly hindered credit unions’ ability to serve their members effectively," says Anthony Hernandez, DCUC President/CEO. "The CFPB’s final rule not only exceeded its statutory authority under the Credit CARD Act but also posed a direct threat to the financial wellbeing of millions of Americans—including those in vulnerable and underserved communities." The Defense Credit Union Council (DCUC) has sent several letters of opposition to legislative proposals on interchange in California, Colorado, Texas, and Illinois that threaten to undermine the financial well-being of military members, veterans, and the credit unions that serve these populations.
DCUC letters have been confirmed to be circulating since their release among both states’ congressional offices. If passed, the proposed bills would disrupt a secure and efficient payment system, ultimately making it harder for military families to access affordable, reliable financial services. WASHINGTON, D.C. – Yesterday, the Defense Credit Union Council (DCUC) has sent a letter to Sarah Bang, Liaison to the Division of Governance and Executive Leadership (DOGE) at the National Credit Union Administration (NCUA), commending new leadership and reaffirming support for sound fiscal management within the agency.
In its communication, DCUC expressed strong support for the NCUA’s efforts to rein in spending while preserving the safety and soundness of the credit union system—a balance that enables member credit unions to better serve military and veteran families across the country. |
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