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...

Apple Pay Edges Into Bill Pay

Credit unions and other bill pay providers may be facing new competition from Apple Pay, which has begun allowing some users to pay monthly bills with its iPhone payment technology. The move, announced back in January and rolling out this month, lets Xfinity customers...

Damage Control in a Viral, Oversharing World

It’s every organization’s worst nightmare: A controversial, perhaps embarrassing incident takes place, then hits the internet and news outlets at lightning speed. Panic sets in. What’s next? A drop in revenue? Layoffs? A complete shutdown? The best,...

CUs See Bullish Trends Entering Fragile Territory

CUNA economists believe credit unions are still on track for an excellent year—barring war by means of weapons or trade. While double-digit loan growth is expected to continue this year, CUNA is now dialing back its economic growth prediction to 2.3% for 2017....

Cash+Coast = Big Home Sales Gains

Home sellers made big gains in the first quarter, but, on average, they had to wait twice as long as pre-recession sellers making similar gains, according to a report released Thursday by ATTOM Data Solutions. The U.S. Home Sales Report by ATTOM, a real estate...

Fidelity Bond Legal Dispute Reveals Credit Union Fraud

Another fidelity bond legal dispute between the NCUA and an insurance company revealed that a former manager and assistant manager were running a check-kiting scheme that led to a loss of nearly $700,000 and contributed to the involuntary liquidation of an Indiana...