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...

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...

CFPB Makeup Is Unconstitutional, Republican AGs Argue

Fourteen Republican state attorneys general have filed a brief in federal court in support of a mortgage firm challenging the constitutionality of the structure of the CFPB. In addition, 13 trade associations representing financial services organizations, including...