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...

CO-OP THINK Panel Exchanges Payment Strategies

Credit union strategies and solutions for navigating the evolving payments landscape was an industry session lunch panel emphasis at the CO-OP Financial Services THINK 17 conference in New York City. On the panel: Jess Turner, EVP, North America digital payments and...

Trades Tally Hurt from Military Lending Rules

Credit unions serving military personnel have seen a drop in consumer loans, which trade groups attribute to regulations designed to protect service members from lending abuses. CUNA and an allied group, the Defense Credit Union Council, sent a seven-page letter to...

House Dems Want Additional Committees to Examine CHOICE Act

Democrats have requested three additional House Committees to review provisions of the House Financial Services Committee Financial CHOICE Act, a move that could delay House consideration of the measure. The Financial Services Committee approved Chairman Jeb...

Ransomware Bomb Aftershocks Rock Worldwide Businesses & Groups

A cybersecurity bomb unleashed a massive ransomware campaign affecting 200,000 computers, and numerous organizations, with thousands of infections in more than 150 countries including the United States, United Kingdom, and Russia. The latest version of this ransomware...