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...

Jeanne D’Arc CU, Kellogg Community CU Promote Staff

This past week, credit unions across the nation announced promotions, new hires and appointments. Plus, one credit union assistant vice president was recognized as a Credit Union Rising Star. WEST The $2.4 billion Spokane Teachers Credit Union in Liberty Lake, Wash.,...

3 Wise Cybersecurity Solutions for 2017

As businesses are spending millions of dollars on technology and software to protect themselves from cybercrimes, they may be missing a leading cause of cybercrime by not investing their money in training their own employees.  Human error is the leading...

Raymond James Names New Head of Financial Institutions Group

The Financial Institutions Division of Raymond James has a new chief: Tim Killgoar, who takes over on April 1 from John Houston. Houston, a certified financial planner, has led the group for the past 11 years and is set to become head of the group’s Eastern...

NCUF to Host Twitter Chat for Financial Education

The National Credit Union Foundation is hosting a Twitter chat event for credit unions to promote National Financial Literacy Month in April. During the Twitter chat scheduled for April 5, credit unions and their employees are welcome to share best practices,...

CU Times Online Exclusive: A Visit to CU Direct’s Innovation Lab

[embedded content] CU Times Managing Editor Natasha Chilingerian visits CU Direct's new Innovation Lab, which just opened in Irvine, Calif. We did a live Skype interview with CU Direct's SVP of Marketing and Innovation, Brian Hendricks, as well as its new VP of...

CFPB Hits Experian With $3 Million Penalty for Consumer Deception

The CFPB took action against Experian and its subsidiaries for deceiving consumers about the use of credit scores sold to consumers. The agnecy ordered Experian to pay a $3 million penalty. The bureau also ordered the Costa Mesa, Calif.-based Experian to truthfully...