The Defense Credit Union Council (DCUC) continues its mission of advocating for credit unions serving military and veteran communities. The March 2025 issue of DCUC ALERT highlights key developments in the industry, regulatory challenges, and advocacy efforts aimed at ensuring financial stability and support for servicemembers and their families.
Key Highlights:
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CEO Update: The Power of Momentum in Driving Success
DCUC President/CEO Anthony Hernandez discusses the importance of sustained efforts in fostering organizational growth and transformation, emphasizing how small wins accumulate to build momentum in the industry. -
Regulatory Challenges and Advocacy Efforts
DCUC is actively opposing potential forced consolidation efforts that could merge the National Credit Union Administration (NCUA) with other regulatory agencies, a move that could threaten the independence of credit unions. Additionally, DCUC has taken a strong stance on maintaining credit unions' tax-exempt status, which remains under scrutiny in legislative discussions. -
Defending Servicemembers Against Predatory Lending
A key focus of this issue is the alarming rise of payday lenders targeting servicemembers and veterans. DCUC is advocating for stronger protections to shield military personnel from exploitative financial practices. -
Key Partnerships and Industry Engagement
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DCUC announced a strategic partnership with Allied Solutions to enhance financial services for defense credit unions.
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A new Collaborators Program with CUInsight aims to boost engagement and knowledge-sharing among credit unions.
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DCUC welcomed UKFCU and United Savings CU as new affiliate member credit unions.
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Scholarships and Leadership Development
DCUC awarded the 2025 George E. Myers (GEM) Scholarships to four outstanding recipients, reinforcing its commitment to leadership development in the credit union sector. -
Upcoming Events
DCUC is gearing up for its Annual Conference (July 28–August 1, 2025) in Palm Desert, CA, where industry leaders will gather to discuss the future of defense credit unions.
Looking Ahead
As credit unions navigate evolving regulatory landscapes and financial challenges, DCUC remains at the forefront of advocacy, education, and industry support. Through strategic partnerships and continuous engagement, the organization is steadfast in its mission to protect and empower financial institutions serving those who serve our country.
