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...

Community Bank Reg Changes Coming Soon, CUs Left Out?

The Treasury Department shortly will issue recommendations on how to better tailor regulations for community banks, Secretary Steven Mnuchin told the Senate Banking Committee Thursday. “We have taken a systematic approach in our work by meeting with a variety of...

Employee Health Care Costs Rise 4.3%: Milliman

Total health care spending for a typical family of four with solid employer coverage may be just 4.3% higher this year than it was last year. Analysts at Milliman, an actuarial consulting firm, have published that prediction in their latest medical spending...

Credit Union Professionals Step Into the Spotlight

Last week, eight credit unions plus two vendors, LSI and Dolphin Debit, announced new promotions, hires, accolades and other changes at their organizations. Check out the latest People news below. WEST The $9.8 billion First Technology Federal Credit Union based in...

DCUC Names New CEO

The Defense Credit Union Council said Wednesday Anthony R. Hernandez will become its new president/CEO on Aug. 1. He will succeed DCUC President/CEO Roland Arteaga who is retiring. Hernandez joined DCUC last year and served as chief operating officer. He successfully...

What It Takes to Attract & Keep Financial Services Employees

More than two-thirds of financial services employees in a new survey said they were interested in remaining in the industry, though this was less true of the youngest ones. Thirty-nine percent of millennial and Gen Z employees were more interested in working in...