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 Collection of a Previously Approved Collection; Request for Comments

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of submission to the Office of Management and Budget. SUMMARY: As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following...

Proposed Third-Party Risk Management Guidance

AGENCY: The Office of the Comptroller of the Currency (OCC), Treasury, the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA). ACTION: Proposed interagency...

Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of submission to the Office of Management and Budget. SUMMARY: As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following...

8 Money Problems Financial Education Could Have Avoided

Companies increasingly realize that employee financial wellness is crucial to their bottom lines, and to employees stressed over money—particularly as they approach retirement knowing their savings are falling far short. A study at TradeSchools.net...

Federal Agencies Improving Cyber Defense: Report

The White House recently issued its annual cybersecurity progress report, finding that while federal agencies strengthened cybersecurity defenses in fiscal year 2016, “a significant amount of work remains to implement these controls.” Grant...

Is Industry Coming Around to Robo-Advisor Concept?

Some financial experts see robo-advisors as a competing force. At the NAPA 401(k) Summit, you might expect some hostility to the concept. After all, the market for algorithm-based, non-human decision-making robo-advisors is expected to grow....

Independent Bankers Target Credit Unions in 2017 Priorities

The Independent Community Bankers of America last week set convincing Congress to reexamine the credit union model, including their tax-exempt status, as one of its priorities for 2017. And the group accused the NCUA of adopting a role as credit union...