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?

Third-Party Servicing of Indirect Vehicle Loans

( printed page 14484) AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is seeking comment on a proposed rule that would remove the NCUA's unnecessarily prescriptive regulation regarding third-party servicing of indirect vehicle...

Advocacy in Action – NACUSO

Why NACUSO Shows Up in Washington Each year, thousands of credit union leaders gather in Washington, D.C. for the Governmental Affairs Conference (GAC). While the conference is known for its energy, scale, and tradition, at its core GAC represents something far more...

Sunshine Act Meetings

This site displays a prototype of a “Web 2.0” version of the daily Federal Register. It is not an official legal edition of the Federal Register, and does not replace the official print version or the official electronic version on GPO’s govinfo.gov. The documents...

CU InfoSecurity 2017: Visa Talks Multiple Biometric Authentication

How Visa looks to help consumers bypass the insecure login and password combination by advancing biometric intelligence was at the center of a presentation CU InfoSecurity 2017 conference in San Diego. With the arrival of mobile phones with fingerprint sensors and...

CFPB’s Cordray Blasts House Report as Misleading, Inaccurate

CFPB Director Richard Cordray says a House committee staff report that accused him of failing to cooperate with the panel’s Wells Fargo probe is inaccurate and misleading. In that report, the Republican staff of the House Financial Services Committee recommends...

CUNA Hopes Economy Finds ‘Goldilocks Solution’

While CUNA officials started the year predicting a 2.5% economic growth rate, they're now hoping they were too optimistic. Bill Hampel, CUNA's chief policy officer, said an economy that is too hot might cause the Fed to raise rates more aggressively, chilling the...

Face Time Is Real Time

In a recent article published in CU Times, David Baumann writes of a conversation he had with a credit union lobbyist who works for one of the national credit union trade organizations. In response to a question as to why credit unions have not had any face time with...

Moving to Vertical EMV Cards: Advance Financial FCU

Schererville, Ind.-based Advance Financial Federal Credit Union announced last week that it began issuing a new Visa EMV debit card with a vertical orientation — a rebellious graphics-design maneuver highlighting some of the pros and cons of quite literally...

Employer Social Media Screening at All-Time High

Post responsibly, as employer screening of candidates’ social media posts is at an all-time high, according to a CareerBuilder survey of 2,300 hiring managers and human resource professionals. Nearly three-quarters (70%) of...