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?

Implementing the Guiding and Establishing National Innovation for U.S. Stablecoins Act for the Issuance of Stablecoins by Entities Subject to the Jurisdiction of the National Credit Union Administration

SUPPLEMENTARY INFORMATION: Table of Contents I. Background II. Legal Authority III. The NCUA Licensing Proposal IV. The NCUA Standards Proposal V. General Request for Comment VI. Regulatory Procedures I. Background On July 18, 2025, President Trump signed the GENIUS...

A CUSO Business Model That “Shows Credit Unions The Money” – NACUSO

By Guy MessickAdvisorNACUSO Business Services “Show me the money!” Credit unions are having a Jerry Maguire moment. Credit unions need more money and they need it now. To remain competitive, it is essential that credit unions grow to meet the changing expectations of...

Thresholds Increase for the Major Assets Prohibition of the Depository Institution Management Interlocks Act Rule

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is seeking comment on a proposed rule that would increase two thresholds in its regulation implementing management official interlocks for purposes of the Depository Institution...

Identity Thieves Are Trying to Tap Colorado Annuities: Officials

Identity thieves are trying to loot annuities in Colorado, according to officials at the Colorado Division of Insurance. Division officials want consumers to talk to insurers about account safeguards. "Individuals with annuities, or even life insurance, can...

Another Credit Union Prevails in ADA Case

ADA Code Washington, D.C.-based Department of Labor Federal Credit Union has prevailed in a lawsuit brought against it over the accessibility of its website, according to documents filed in a Virginia District Court. The complaint alleged that the plaintiff...

Wisconsin Credit Union Buys Bank

Acquisition The $413 million Superior Choice Credit Union in Superior, Wis., said it signed an agreement to buy the $79.1 million Dairyland State Bank in Bruce, Wis. The deal is expected to close in the third or fourth quarter of this year pending regulatory...

GAC 2018: Legislative, Regulatory Waters Remain Muddied

The U.S. Capitol Building Last year, thousands of credit union officials flocked CUNA’s Governmental Affairs Conference. With a new administration and a new Congress, they had many questions about nominees, regulatory moves and regulatory overhaul legislation. A...

First-Time Homebuyers Make Biggest Share of Deals in 17 Years

“Open House” Photographer: Ty Wright/Bloomberg Millennials are playing homeownership catch-up. First-time buyers rushed into the market last year, making 38% of all single-family home purchases, the biggest share since 2000, data released...

FIs Hear Mobile Threat Drumbeat but Overlook Them: Verizon

Verizon’s Mobile Security Index, found many organizations – including those in the financial services such as credit unions and banks – overlook basic mobile cybersecurity principles, leaving themselves and customers vulnerable to attacks....