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...

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...

ReliaMax Hits $275 Million in Private Student Loans Under Service

ReliaMax, an all-in-one service to allow financial institutions to offer private student loans, is now managing $275 million in accounts two years after offering its online service. The Sioux Falls, S.D., company announced Tuesday that’s its portfolio had...

Millennials Shunning FIs’ Mobile Payment Apps

Millennials are pushing aside bank mobile payment apps in favor of third-party offerings such as Venmo, according to the results of a new survey, adding to concerns over how credit unions and other financial institutions are faring with the demographic...