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...

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...

Weak Cryptographic Policies Increase CU Cyberrisks

Many financial services organizations fail to enforce strong cryptographic protection policies in their DevOps environments, sometimes at the expense of security, data privacy and compliance in areas such as mobile banking. That is a finding by Salt Lake City,...