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...

Senate Taking Slow Route to Dodd-Frank Overhaul

As the House prepared to pass a Republican plan to overhaul Dodd-Frank, Senate Banking Chairman Mike Crapo (R-Id.) said Thursday that his committee won’t produce its bill for at least several months. And the goal, Crapo said, is to produce a bipartisan package...

Did You Know? CU Edition

I have a lot of questions for credit union executives, marketers, tellers and pro- and anti-credit union lobbyists. And for this column I’m taking a break from Dodd-Frank, peer-to-peer payment trends and any credit union employee that has been busted for fraud...

Credit Unions Gain on Other Consumer Lenders

Credit unions accelerated consumer lending twice as fast as other financial institutions in April, primarily with the power of auto loans, the Federal Reserve reported Wednesday. Total consumer credit stood at $3.8 trillion on April 30, up 5.9% from a year earlier,...

Penn. CU Helps Undercover Cops Nab Instagram Fraudsters

The $5 billion Pennsylvania State Employees Credit Union in Harrisburg worked with undercover police investigation that led to the arrest of three Philadelphia men who allegedly used Instagram to steal from financial institutions. Pennsylvania Attorney General Josh...

5 CU Strategies for Transformation: Disruption ‘17

When you get a relatively cozy credit union crowd together for two days in the heart of the credit union universe, some interesting things happen. On day two of Disruption ’17 by CU Water Cooler, in Madison, Wis. there was a sense of impending good coming to the...