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?

Renewal of Agency Information Collections for Comments Request: Proposed Collections

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice and request for comments. SUMMARY: The National Credit Union Administration (NCUA) will submit the following information collection requests to the Office of Management and Budget (OMB) for review and...

Community Development Revolving Loan Fund

SUPPLEMENTARY INFORMATION: Table of Contents Basic Information Eligibility Program Description Eligible Activities Application Contents and Format Submission Requirements and Deadlines Application Review Information Award Notices Post-Award Requirements and...

Beyond Processing | Core As A Strategic Enablement Platform – NACUSO

By Jennifer BerryVise President of Core Conversions and ConsultingSynergent For years, credit unions have viewed the core primarily as a transactional processing system—the operational engine responsible for maintaining accounts, posting transactions, balancing...

Financial Industry Requesting Longer Delay of Fiduciary Rule

A large faction of financial services and insurance industry stakeholders have asked the Labor Department to delay implementation of the fiduciary rule beyond the proposed 60 days.  The Securities Industry and Financial Markets Association,...

Healthcare Debacle Hurts Likelihood of Dodd-Frank Overhaul

The debacle that led to collapse of healthcare legislation on the House floor last week and the resulting acrimonious finger-pointing among Republicans could hurt the chances that substantive legislation, including a Dodd-Frank overhaul, may pass this year. “It...

Automation Is Here

Robotics, automation and artificial intelligence have the power to transform the workplace for all those employed, including senior management. Today everyone, especially senior leaders, must understand this challenge, stay ahead of it and create conditions to benefit...

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...