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?

Third-Party Servicing of Indirect Vehicle Loans

( printed page 14484) AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is seeking comment on a proposed rule that would remove the NCUA's unnecessarily prescriptive regulation regarding third-party servicing of indirect vehicle...

Advocacy in Action – NACUSO

Why NACUSO Shows Up in Washington Each year, thousands of credit union leaders gather in Washington, D.C. for the Governmental Affairs Conference (GAC). While the conference is known for its energy, scale, and tradition, at its core GAC represents something far more...

Sunshine Act Meetings

This site displays a prototype of a “Web 2.0” version of the daily Federal Register. It is not an official legal edition of the Federal Register, and does not replace the official print version or the official electronic version on GPO’s govinfo.gov. The documents...

Honor Credit Union to Buy Michigan Bank

Citizens State Bank of Ontonagon, Mich. announced today that it intends to sell its assets and liabilities to Honor Credit Union of Berrien Springs, Mich. Pending regulatory approval, Citizens will become part of Honor Credit Union, which has almost $735 million in...

3 Key Weaknesses in the Call Center Authentication Process

Call center agents aim to provide exceptional experiences by listening carefully and reacting promptly to customer requests. The system weakness is it does not always recognize spoofed calls from ever-sophisticated defrauders. Atlanta- based voice...

NCUA Receives $445M From UBS in Settlement

The NCUA has received $445 million from UBS to settle claims in connection with the sale of faulty residential mortgage-backed securities to two corporate credit unions, according to the agency.