Credit Union Industry News & Updates

The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.

WHAT’S GOING ON AT CREDIT UNIONS?

The NCUA Staff Draft 2026-2027 Budget

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA's staff draft “detailed business-type budget” for 2026 and 2027 was made available for public review in the Federal Register as required by federal statute on September 29, 2025 as docket number...

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By Devin Hughes SVP Lender PartnershipsLendKey Against a backdrop of decreasing interest rates, emerging competitors, and federal reforms that upend old certainties, the stakes for credit unions heading into their 2026 planning sessions are as high as they have been...

The NCUA Staff Draft 2026-2027 Budget

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA's staff draft “detailed business-type budget” for 2026 and 2027 was made available for public review in the Federal Register as required by federal statute on September 29, 2025, as docket number...

CUNA Mutual Group Gives $20 Million to Nonprofits

CUNA Mutual Group said Tuesday it has donated $20 million to help communities near its Madison, Wis., headquarters and three regional offices, and gave credit for the “unprecedented boost in funding” to the tax breaks signed into law by President Trump....

Subscription Service Automates Patch Management

Managing different patch vulnerabilities can tax lean IT departments, especially at credit unions. The launch of Boston-based Cygilant’s new security as a service SOCVue Vulnerability and Patch Management aims to help. The traditional processes of managing...

Mulvaney Pledges to Scrub CFPB Rules to Loosen Regulation

The CFPB intends to scrub its existing rules to determine if they strictly follow the Dodd-Frank Act and go no further, the agency said in a new Strategic Plan issued Monday. “Indeed, this should be an ironclad promise for any federal agency; pushing the...

Wright-Patt CU, TrueCore FCU, Atlanta Postal CU Promote Staff

Eight credit unions from coast to coast had a busy past few weeks as they finalized new hires, promotions and CEO appointments. Plus, the Worldwide Foundation for Credit Unions hired a new executive. WEST The $2 billion Numerica Credit Union in Wenatchee, Wash., hired...

ID Theft Hits All Time High, Consumers Shift Blame to Institutions

The 2018 Identity Fraud Study released by San Francisco-based Javelin Strategy & Research, revealed identity fraud victims increased by 8% (rising to 16.7 million U.S. consumers) in the last year. The online survey of 5,000 U.S. consumers found despite industry...

Credit Union Members Borrow More for Cards, Cars & College

Credit unions ended the year with consumer loans taking more spots in the portfolio parking lot, leaving a smaller share of the loan space for real estate. A preliminary assessment by CUNA and the Federal Reserve Bank’s G-19 Consumer Credit Report released...