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?

Implementing the Guiding and Establishing National Innovation for U.S. Stablecoins Act for the Issuance of Stablecoins by Entities Subject to the Jurisdiction of the National Credit Union Administration

SUPPLEMENTARY INFORMATION: Table of Contents I. Background II. Legal Authority III. The NCUA Licensing Proposal IV. The NCUA Standards Proposal V. General Request for Comment VI. Regulatory Procedures I. Background On July 18, 2025, President Trump signed the GENIUS...

A CUSO Business Model That “Shows Credit Unions The Money” – NACUSO

By Guy MessickAdvisorNACUSO Business Services “Show me the money!” Credit unions are having a Jerry Maguire moment. Credit unions need more money and they need it now. To remain competitive, it is essential that credit unions grow to meet the changing expectations of...

Thresholds Increase for the Major Assets Prohibition of the Depository Institution Management Interlocks Act Rule

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is seeking comment on a proposed rule that would increase two thresholds in its regulation implementing management official interlocks for purposes of the Depository Institution...

4 Trends Shaping Cybersecurity in 2017

As cyber attacks continue to increase in frequency, a company's cybersecurity action plan must be able to rein in and mitigate threats as they develop.   ISACA’s third annual cybersecurity study finds that this issue is increasingly a business...

10 Ways Millennials Are Saving for the Future

They’re called spendthrifts by other generations, are laden with student debt and burdened with lower-paying jobs. But that doesn’t mean that millennials aren’t thinking about the future and saving for it. And they could certainly use a...

Diebold & Samsung Unveil Face-Based ATM Technology

ATM giant Diebold Nixdorf and IT services company Samsung SDS America have revealed technology that could soon allow credit union members and other financial services customers to get money out of an ATM using only their faces.  The technology, debuted this...

CDFI Funding Cut Approved by House Subcommittee

House appropriations subcommittee on Thursday approved a FY2017 spending measure that cuts the Community Development Financial Institutions program 23% and makes the CFPB and NCUA subject to the appropriations process. The Financial Services Subcommittee approved the...