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...

Credit Card Bonus Points Programs Fuel Wanderlust

I’ll admit it: I am the credit card holder no financial institution wants. I pay my credit card balances in full every month, so they’re not getting any money from me in interest or late fees. And last fall, I started a new hobby: Applying for credit cards...

More Than 1.1 Million Federal Student Loan Defaults In 2016

Analysis of Department of Education data reveals a 17% increase in 2016 in the number of Americans in default on federal direct loans serviced by companies hired by the federal government. “3,000 preventable student loan defaults each day in America is 3,000 too...

Southeastern League Announces Dues Rebate

For the fifth consecutive year, the League of Southeastern Credit Unions & Affiliates will issue full-dues paying credit unions a rebate in April. This year’s rebate will be 5.6%, equivalent to $202,623. While the average dues rebate is approximately $734...

New Tools to Manage EMV Chip Card Inventory: TMG

Payments processor TMG Financial Services announced Wednesday the availability of a new web-based tool to help credit unions better manage their plastic card stock. TMG, headquartered in Des Moines, Iowa said in a statement that this task has become more complicated...