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?

Regulation for Federal Financial Assistance

SUPPLEMENTARY INFORMATION: I. Executive Summary The Office of Management and Budget (OMB) proposes to revise several parts of the OMB Guidance for Federal Financial Assistance located in title 2 of the Code of Federal Regulations (CFR), subtitle A, to improve and...

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...

2017 Could Be Record Year for Fraud: CUNA Mutual Group

This year could set a record for fraud, according to a CUNA Mutual Group presentation given at CUNA’s America’s Credit Union conference in Las Vegas, on Tuesday.  Robert Jarosinksi, who is a senior consultant for risk and compliance solutions at CUNA...

Fiserv & GoldBean Help Financial Orgs Serve Beginning Investors

Brookfield, Wis. based Fiserv, Inc. is equipping financial institutions to better serve beginning investors with the addition of tailored digital advice and education to Wealth Management Network from Fiserv. Fiserv is adding these capabilities through an agreement...

CDFI Program Biased Against CU & Banks, Trade Groups Allege

The Community Development Financial Institutions program is biased toward non-credit union, non-bank grant recipients that are largely unregulated, seven trade groups, including CUNA and NAFCU said Tuesday. The groups, including the National Federation for Community...

McWatters Officially Named Chair of NCUA by Trump

President Donald J. Trump designated Acting National Credit Union Administration Board Chairman J. Mark McWatters as the tenth Chairman of the NCUA Board, effective June 23. “I thank President Trump for this honor and the trust he has placed in me,”...

Making Financial Services Frictionless: ACUC Onsite

Mark Sievewright presenting "Becoming Digital: The Path to Frictionless Financial Services" at CUNA's ACUC in Las Vegas. LAS VEGAS – Early in his session at CUNA’s America’s Credit Union Conference Monday, Mark Sievewright read a group text...

Credit Union Goes to Video to Connect With Members

Hackensack, N.J. based Vidyo, announced the $2.6 billion Vernon Hills, Ill. Baxter Credit Union is deploying its cloud-based video collaboration technology to connect members with several video-only branches in 2017. BCU plans to use video to remotely link members,...