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?

Financial Data Transparency Act Joint Data Standards

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury; Board of Governors of the Federal Reserve System (Board); Federal Deposit Insurance Corporation (FDIC); National Credit Union Administration (NCUA); Consumer Financial Protection Bureau (CFPB); Federal...

Prohibition on the Use of Reputation Risk

AGENCY: National Credit Union Administration (NCUA). SUMMARY: On October 21, 2025, the Board issued its Notice of Proposed Rulemaking to codify the elimination of reputation risk from its supervisory framework. This change aligns with Executive Order 14331,...

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...

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...

4 Things Credit Unions Can Do to Boost Member Security Online

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...

Business Lending Q & A With Alliant Credit Union

Alliant Credit Union of Chicago’s Member Business Loans grew 24% last year to reach $355.6 million by Dec. 31, accounting for 5.5% of Alliant’s total loans. Alliant’s growth outstripped the national growth rate of 15% in 2016, which NAFCU showed was...

Consumers Demand More From ATMs: Survey

Credit unions and other financial institutions had better get ready to embrace multitasking if they intend to be ATM operators much longer, according to a new report from ATM Marketplace and Italian software provider Auriga. The report, which surveyed more than 300...