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 Collections for Comments Request: Proposed Collections

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice and request for comments. SUMMARY: The National Credit Union Administration (NCUA) will submit the following information collection requests to the Office of Management and Budget (OMB) for review and...

Community Development Revolving Loan Fund

SUPPLEMENTARY INFORMATION: Table of Contents Basic Information Eligibility Program Description Eligible Activities Application Contents and Format Submission Requirements and Deadlines Application Review Information Award Notices Post-Award Requirements and...

Beyond Processing | Core As A Strategic Enablement Platform – NACUSO

By Jennifer BerryVise President of Core Conversions and ConsultingSynergent For years, credit unions have viewed the core primarily as a transactional processing system—the operational engine responsible for maintaining accounts, posting transactions, balancing...

Privacy Act Exemption; Correction

AGENCY: National Credit Union Administration (NCUA). ACTION: Interim final rule; request for comments. SUMMARY: In accordance with the Privacy Act of 1974, the National Credit Union Administration (NCUA) Board is issuing this interim final rule to make a correction to...

Accuracy of Advertising and Notice of Insured Status

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is issuing this proposed rule to streamline its regulations governing advertising and the notice of insured status. This proposed rule would eliminate provisions concerning the...

Limits on Loans to Other Credit Unions

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) seeks comment on a proposed rule to remove the regulations related to approval and policies on making loans to other credit unions. While this provision will no longer be codified in...

Catastrophic Act Reporting

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is publishing this proposed rule to amend the requirements for federally insured credit unions (FICUs) to report catastrophic acts to the agency. By providing more time for FICUs to...

Suretyship and Guaranty; Segregated Deposit and Collateral

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) seeks comment on a proposed rule to remove the segregated deposit and collateral requirements when a federally insured credit union (FICU) acts as a surety and guarantor. Removing...

Privacy Act of 1974; System of Records

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of a modified system of records. SUMMARY: This notice informs the public of the National Credit Union Administration's (NCUA's) proposal to modify system of records notice NCUA-19. This system of...