The Independent Community Bankers of America last week set convincing Congress to reexamine the credit union model, including their tax-exempt status, as one of its priorities for 2017. And the group accused the NCUA of adopting a role as credit union...
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?
Trump Administration Says Makeup of CFPB is Unconstitutional
The Trump Administration is asking a federal court to rule that the president has the power to fire the director of the CFPB, reversing a position that was taken by President Obama. The President’s executive power includes the authority to remove officials in...
Putting an End to 20 Years of DDoS Misery
There aren't many things in this life that endure for more than 20 years, especially when it comes to computers. Hardware, software, services and even websites tend not to have a shelf life that extends into two decades. Yet website owners still find themselves...
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...

