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...

Former CU Branch Manager Faces July Jury Trial

A July jury trial is set for a former Indiana credit union branch manager accused of fraud, forgery and theft. Betty Stickler, 52, was fired as a branch manager for the $52 million Perfect Circle Credit Union in December 2015, after Lisa Dykhoff, president/CEO of the...

Millennials & Gen X Not Always So Different, FIS Study Finds

Millennials have long been portrayed as poles apart from other generations served by the financial industry, but new research from Jacksonville, Florida-based financial software company FIS suggests some millennials actually aren’t that different from Gen Xers...

Dear Credit Union Conference Planners

Everyone gets excited about credit union conferences – they’re the perfect excuse to blend work with play. But how can event organizers ensure the play doesn’t overshadow the work (and vice versa)? Having been to credit union conferences in various...

Credit Unions Have Options to Address Appraiser Shortage: NCUA

Federal agencies responded to concerns about the shortage of state-certified and -licensed appraisers Wednesday, saying that financial institutions have two options to help ease the timely consideration of loan applications. The agencies said the concerns about the...

NCUA Bans 4 Former Credit Union Employees

The NCUA said Tuesday it banned three former credit union employees who were convicted of embezzlement, theft or fraud.  The federal agency also banned a fourth former credit union employee who was not convicted of a crime but consented to a prohibition order...

Job Misery Can Cripple Retirement

Miserable at work? It could cost you big time if you jump ship too early to retire and get away from it. So says a Motley Fool article on Madison.com. Citing a Conference Board report that more than half of Americans are “actively unhappy at...