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North Carolina Senate Rejects Bill to Expand Credit Union Powers

By Michael Ogden

Bill to expand membership and services for credit unions fails after strong opposition from North Carolina bankers.

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CFPB Ends $95M Action Against Navy Federal

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NCUA Issues New Criminal Referral Guidance Under Trump’s Overcriminalization Order

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Regulatory & Compliance Stories

July 01, 2025

Connecticut Passes Major Credit Union Modernization Bill

New law boosts flexibility for Connecticut credit unions with updated capital rules, expanded lending and greater authority to serve underserved communities.

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June 30, 2025

Lawsuit Over NCUA Firings Heats Up as Both Sides Spar Over Supreme Court Ruling

Former NCUA Board members argue the Supreme Court ruling doesn’t justify their removal as the government cites a precedent supporting presidential authority.

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June 27, 2025

CFPB Issues New Policy on Criminal Referrals, Raising Compliance Stakes for Credit Unions

New policy outlines when the CFPB will refer potential criminal violations to the Justice Department, raising stakes for credit union compliance.

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June 27, 2025

House Plans Single Vote to Move Genius & Clarity Crypto Bills

The plans are to pass the Genius Act and get it to President Trump's desk the week of July 7.

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June 26, 2025

Government Pushes Back on Comparison to CPSC Case in NCUA Lawsuit

Government argues CPSC ruling doesn’t apply as NCUA board members lack statutory protection from removal.

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June 26, 2025

Stablecoins: Credit Unions Can Either Lead, Follow or Get the Hell Out of the Way

Credit unions may find themselves competing against some of the largest companies in the world - not just banks.

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June 25, 2025

Credit Unions Push Back on California’s AB 801, Call New Rules Unnecessary

Groups argue AB 801 imposes costly, unnecessary regulations on credit unions already serving underserved communities by design.

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