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?

Request for Information Regarding Enhancing and Streamlining Data Collection From Credit Unions

AGENCY: National Credit Union Administration. ACTION: Notice; request for information. SUMMARY: The National Credit Union Administration (NCUA) is issuing this request for information (RFI) on opportunities to enhance and streamline NCUA's data collections....

Bank Conversions and Mergers, Subpart C-Merger of Insured Credit Unions Into Banks

( printed page 21391) AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is proposing to amend its regulations governing the merger of insured credit unions into banks. The Board proposes to eliminate certain prescriptive procedural,...

Sharing is Daring – NACUSO

By Nate AndersonPresident & CEOrekindle The Control Conundrum My local community hosts a Tuesday night “running group.” They run together, then go out for drinks and food afterward. Every week they do this.  I’ve known about this group for over a year and have yet to...

Campaign Attracts Younger, More Diverse Advisors

The CFP Board Center for Financial Planning has launched a campaign to attract younger and more diverse individuals to the industry. Called I am a CFP Pro, the campaign is accessible online and features a diverse group of young people telling their stories about how...

NCUA Conserves Shreveport FCU

The NCUA placed the $106 million Shreveport Federal Credit Union into conservatorship Thursday to resolve its unspecified safety and soundness issues while the Louisiana cooperative remains open to serve its 22,235 members. “(The) NCUA placed Shreveport Federal...

Payments Summit Highlights Evolution of Transactions

The status of EMV-chip migration, online and card-not-present fraud mitigation, and frictionless payments were among the hot-button mobile and digital commerce topics explored at the 10th Annual Payments Summit. The overarching theme of the Payments Summit, a Secure...