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?

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...

Thresholds Increase for the Major Assets Prohibition of the Depository Institution Management Interlocks Act Rule

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is seeking comment on a proposed rule that would increase two thresholds in its regulation implementing management official interlocks for purposes of the Depository Institution...

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...

Interest Rate Hike Shows Confidence in Economy: CU Economists

As expected, the Federal Reserve increased interest rates Wednesday—a move that signals confidence in the economy and it won’t hurt credit unions, economists said. “The Fed’s go-slow approach means credit unions can expect the economic...