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?

Financial Data Transparency Act Joint Data Standards

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury; Board of Governors of the Federal Reserve System (Board); Federal Deposit Insurance Corporation (FDIC); National Credit Union Administration (NCUA); Consumer Financial Protection Bureau (CFPB); Federal...

Prohibition on the Use of Reputation Risk

AGENCY: National Credit Union Administration (NCUA). SUMMARY: On October 21, 2025, the Board issued its Notice of Proposed Rulemaking to codify the elimination of reputation risk from its supervisory framework. This change aligns with Executive Order 14331,...

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...

Fintech Firms Primary Targets for Cybercrime Attacks

The financial services industry are prime targets according to research revealing 130 million fraud attacks detected in just a 90-day period with the growth in attacks outpacing transaction growth by 50%. San Jose, Calif. based digital identity firm’s...

Credit Unions, CUSOs, Leagues Welcome New Talent

This past week, credit unions from coast to coast, plus one CUSO and the Michigan Credit Union League, announced new hires, promotions and appointments. Read on for the latest People news. EAST The $1.2 billion Jeanne D’Arc Credit Union in Lowell, Mass.,...

Americans Get ‘F’ in Retirement Literacy

A whopping three quarters of Americans fail a quiz on how to make their retirement dollars go far enough to see them all the way through retirement, although they think they know what they’re doing; 61% of respondents indicate they have high levels...

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...