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WASHINGTON, DC – The Defense Credit Union Council (DCUC) submitted a letter for the record ahead of today’s House Financial Services Committee's hearing, "Oversight of Prudential Regulators," urging lawmakers to examine key issues affecting military-serving credit unions, including liquidity support, regulatory burden, innovation, and federal preemption of state interchange fee mandates.
The Defense Credit Union Council (DCUC) welcomes Colorado Governor Jared Polis’ veto of the SB26-134, recognizing concerns with its potential impact on consumers, small businesses, and financial institutions operating in Colorado.
WASHINGTON, DC – The Defense Credit Union Council (DCUC) recently joined a broad coalition of national banking, credit union, financial services, payments, housing, fintech, and student loan trade associations in submitting formal comments to the Federal Communications Commission (FCC):
WASHINGTON, DC – The Defense Credit Union Council (DCUC) submitted official comments regarding the Financial Crimes Enforcement Network’s (FinCEN) proposed rule establishing a whistleblower program designed to encourage reporting of potential violations of the Bank Secrecy Act (BSA) and other anti-money laundering and national security laws.
WASHINGTON, DC – The Defense Credit Union Council (DCUC) urged the House Committee on Homeland Security to support a permanent funding mechanism that ensures Coast Guard personnel receive uninterrupted pay during any future lapse in Department of Homeland Security (DHS) appropriations.
WASHINGTON, DC – The Defense Credit Union Council (DCUC) has sent a letter to the Senate Finance Committee ahead of its hearing with Treasury Secretary Scott Bessent, urging lawmakers to reject the Administration's proposed reduction and restructuring of the Community Development Financial Institutions (CDFI) Fund and instead preserve the Fund's full statutory program portfolio at no less than the current enacted level of $324 million.
WASHINGTON, DC – Today, the Defense Credit Union Council (DCUC) submitted official comments to the National Credit Union Administration (NCUA) as part of the agency's annual review of existing regulations, offering recommendations to modernize outdated requirements, improve operational flexibility, and strengthen credit unions' ability to serve members while maintaining safety and soundness.
DCUC Warns Illinois Interchange Law Threatens Payment System Stability, Applauds OCC Response5/29/2026
WASHINGTON, DC – The Defense Credit Union Council (DCUC) has written to the Office of the Comptroller of the Currency (OCC) regarding its interim final rule and interim final order concerning the Illinois Interchange Fee Prohibition Act (IFPA), expressing strong support for the OCC’s conclusion that federal law preempts the Illinois statute as applied to institutions supervised by the OCC.
DCUC Calls for Pennsylvania and New York Lawmakers to Reject Harmful Interchange Legislation5/27/2026
WASHINGTON, DC – The Defense Credit Union Council (DCUC) recently sent letters to Pennsylvania House and Senate leaders and New York Senate leaders urging opposition to proposed interchange-fee legislation. In the letters, DCUC warned the measures would impose state-specific operating mandates on the national payments system and create unintended consequences to the communities credit unions serve and support, including military and vulnerable populations.
WASHINGTON, DC – The Defense Credit Union Council (DCUC) has filed a comment letter in support of the National Credit Union Administration’s (NCUA) proposed rulemaking to amend associational common bond requirements for chartering and field of membership (FOM).
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