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?

Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of submission to the Office of Management and Budget. SUMMARY: As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following...

Proposed Third-Party Risk Management Guidance

AGENCY: The Office of the Comptroller of the Currency (OCC), Treasury, the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA). ACTION: Proposed interagency...

Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of submission to the Office of Management and Budget. SUMMARY: As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following...

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...