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...

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...

Lead Generator Increases Early Stage Lending for Credit Union

An early adopter of LeadMe, which allows financial institution marketing and lending departments to generate, track, organize, and respond to incoming opportunities. increased its loan volume by 15% within two months. The $171 million, Alexandria, Va.-based InFirst...