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?

Request for Information Regarding Enhancing and Streamlining Data Collection From Credit Unions

AGENCY: National Credit Union Administration. ACTION: Notice; request for information. SUMMARY: The National Credit Union Administration (NCUA) is issuing this request for information (RFI) on opportunities to enhance and streamline NCUA's data collections....

Bank Conversions and Mergers, Subpart C-Merger of Insured Credit Unions Into Banks

( printed page 21391) AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is proposing to amend its regulations governing the merger of insured credit unions into banks. The Board proposes to eliminate certain prescriptive procedural,...

Sharing is Daring – NACUSO

By Nate AndersonPresident & CEOrekindle The Control Conundrum My local community hosts a Tuesday night “running group.” They run together, then go out for drinks and food afterward. Every week they do this.  I’ve known about this group for over a year and have yet to...

FINRA Launches Innovation Outreach Initiative

The Financial Industry Regulatory Authority announced Tuesday that it has established an Innovation Outreach Initiative in an effort to better understand how new innovations in financial technology affect the industry. The initiative includes a Blockchain...

Red Flag Alert! How to Not Be ‘That Employer’

When I was a naïve 27-year-old, I decided to move to the San Francisco Bay Area and took the first job offered to me there – despite looming red flags. The job was as a “marketing assistant” for a small publisher of technology books –...

McWatters, Financial Regulators to Testify June 22

Acting NCUA Chairman and other financial regulators are slated to testify before the Senate Banking Committee on June 22 in the panel’s next hearing on how to redesign the financial regulatory regime. It will be the third hearing the committee holds on the...

5 Credit Union Growth Strategies

ORLANDO ---- While banks hold about 92% of the market share, Laura Vann, vice president of shared branching for Credit Union Service Centers of Alabama, sees this as huge opportunity for credit union growth. What fuels growth, industry research shows, is not simply...