Credit unions are urged to contact their members of Congress to voice their concerns with the Credit Card Competition Act.

The Credit Card Competition Act introduced last week would impose a credit routing mandate.

The Maryland Department of Labor’s Office of the Commissioner of Financial Regulation (Office) announced Monday that its bank and mortgage regulatory programs have achieved re-accreditation and its money service business regulatory program has received initial accreditation from the Conference of State Bank Supervisors (CSBS).

The theme of this year’s event is All-In on DEI & ACCESS.

Author and former non-profit executive Wes Moore won the Democratic primary for Maryland governor on Friday, setting up a general election contest against Republican state delegate Dan Cox.

The House and Senate are in session this week and will consider several bills impacting credit unions.

Author and former non-profit CEO Wes Moore has taken a commanding lead as early voting and a large percentage of primary day ballots have been counted.

The bill amends a blanket ban on non-competes that was passed in 2020 but wasn't implemented, in part, following feedback from employer groups.  

Voters head to the polls today to cast their ballots, but results could take weeks. 

The MD|DC Credit Union Association hosted the first industry in-person roundtable discussion on Friday with Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra and local credit union executives.