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...

ABA to Train Bankers to Run for Political Office

The American Bankers Association Tuesday announced plans to hold a two-day conference to help train bankers interested in running for state or federal office, The ABA will hold a two-day Candidate School intended to provide bankers with information on such issues as...

How Credit Unions Can Use Big Data to Drive Revenue

Many of you likely have heard the term "big data" thrown around, but may not be entirely clear on what exactly it means. In short, big data refers to the collection and use of a massive amount of information from a variety of sources that can be analyzed...

Trump Issues Order to Reorganize, Streamline Federal Agencies

President Donald Trump issued an executive order this week to reorganize and streamline the executive branch of government, which includes such federal agencies as the Securities and Exchange Commission and the Cabinet — including the departments of...

Self-Help FCU Buys Nine Chicago Branches

The $716 million Self-Help Federal Credit Union in Durham, N.C. said Monday it agreed to buy nine branches and $240 million in deposits previously owned by the largest African-American bank in the Midwest. The branches were operated by Seaway Bank in Chicago,...

Emergency Request to Block DOL Fiduciary Rule Filed in Court

The U.S. Chamber of Commerce and industry groups suing the Labor Department over its fiduciary rule in a Texas court filed an emergency request Friday asking a judge to stop the rule from taking effect while they take their case to the U.S. Court of Appeals...

4 Things Credit Unions Do to Increase Member Online Security

How can members sift through the hype and warnings to determine which security threats are real? Here are four things every credit union should do to increase accountholder online security. Tom DeSot, CIO at San Antonio, Texas-based Digital Defense, Inc., who compiled...