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?

Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of submission to the Office of Management and Budget. SUMMARY: As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following...

Proposed Third-Party Risk Management Guidance

AGENCY: The Office of the Comptroller of the Currency (OCC), Treasury, the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA). ACTION: Proposed interagency...

Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of submission to the Office of Management and Budget. SUMMARY: As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following...

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...