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...

Putting More Union in Credit Unions

Credit union executives gathered in Charleston, S.C., in March to rekindle the spirit of cooperation within their ranks. Two of the leaders of the “Building Alliances” roundtable came to the discussion from vastly different starting points: Mansel Guerry...

CUs in the West, East, South & Midwest Name New CEOs

Throughout February, credit unions based in the West, East, South and Midwest states named new CEOS. The $4 billion Desert Schools Federal Credit Union announced that its president, Jeff Meshey, was also named as the CEO for the Phoenix, Ariz.-based cooperative....

OCC Releases New Licensing Regulations for Fintech Bank Charters

Financial technology companies are now one step closer to having the means to apply for special purpose national bank charters. The Office of the Comptroller of the Currency on Wednesday published a draft supplement to its licensing manual, which contains...

Workplace Diversity in Credit Unions

“It’s the right time to have this conversation.” Ronaldo Hardy is a speaker, consultant and a CEO in the credit union industry. He leads the Southwest Louisiana Credit Union while also leading his congregation as pastor at Love Alive Church in Baton...

Crowdfunding: New Opportunity for Start-Ups & Credit Unions

A partnership between New York City based GrowthFountain, an equity crowdfunding platform, and $7.6 billion, Marlborough, Mass.-based Digital Federal Credit Union enables entrepreneurs to raise capital and members to invest. Crowdfunding is the practice of funding a...

Gulf Winds FCU Takes On Members, Deposits as FCAMEC Closes

Gulf Winds Federal Credit Union, of Pensacola, Fla., has assumed the members and deposits of the former Florida Conference AME Church Federal Credit Union of Tallahassee, the National Credit Union Administration announced Friday. Gulf Winds is a federal credit union...