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?

Renewal of Agency Information Collections for Comments Request: Proposed Collections

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice and request for comments. SUMMARY: The National Credit Union Administration (NCUA) will submit the following information collection requests to the Office of Management and Budget (OMB) for review and...

Community Development Revolving Loan Fund

SUPPLEMENTARY INFORMATION: Table of Contents Basic Information Eligibility Program Description Eligible Activities Application Contents and Format Submission Requirements and Deadlines Application Review Information Award Notices Post-Award Requirements and...

Beyond Processing | Core As A Strategic Enablement Platform – NACUSO

By Jennifer BerryVise President of Core Conversions and ConsultingSynergent For years, credit unions have viewed the core primarily as a transactional processing system—the operational engine responsible for maintaining accounts, posting transactions, balancing...

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...

Credit Unions to Fight Trump Plan to Eliminate CDFI Program

Credit union trade groups Thursday vowed to fight President Trump’s plan to kill the Community Development Financial Institutions Fund (CDFI) program, as proposed in the administration’s FY2018 budget plan.  “The Administration's dramatic...

PSCU Partnership Highlights Fight Against Call Center Fraud

Fraudsters keep trying their hand at duping call centers to access member accounts, but a new partnership between PSCU and an Atlanta-based company called Pindrop is calling attention to a new wave of audio technology that could help pinch dial-in criminals before...

Fed Interest Rate Hike a Welcome Sign for Credit Unions

The Federal Reserve’s decision to increase its key interest rate by a quarter point is a bit of good news for credit unions, economists said Thursday. And the expectation that the Fed will boost rates again this year is even better news, they said. "The...