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 Collections for Comments Request: Proposed Collections

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice and request for comments. SUMMARY: The National Credit Union Administration (NCUA) will submit the following information collection requests to the Office of Management and Budget (OMB) for review and...

Community Development Revolving Loan Fund

SUPPLEMENTARY INFORMATION: Table of Contents Basic Information Eligibility Program Description Eligible Activities Application Contents and Format Submission Requirements and Deadlines Application Review Information Award Notices Post-Award Requirements and...

Beyond Processing | Core As A Strategic Enablement Platform – NACUSO

By Jennifer BerryVise President of Core Conversions and ConsultingSynergent For years, credit unions have viewed the core primarily as a transactional processing system—the operational engine responsible for maintaining accounts, posting transactions, balancing...

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...

When Rules Don’t Apply

“Rules are meant to be broken.” I cannot find the origin of that statement. But, whomever it was, they were right. In today’s world, I could probably just emphatically say that I came up with the phrase. But I won’t. During the daily routine of...

CU ATMs Safe From Wannacry Hack, for Now

The now infamous Wannacry ransomware attack has affected thousands of computers and numerous organizations around the world, but U.S. credit union ATMs are relatively low on the threat list, pros say. The ransomware, also known as WCry or Wanna Decryptor, has...