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?

Request for Information Regarding Enhancing and Streamlining Data Collection From Credit Unions

AGENCY: National Credit Union Administration. ACTION: Notice; request for information. SUMMARY: The National Credit Union Administration (NCUA) is issuing this request for information (RFI) on opportunities to enhance and streamline NCUA's data collections....

Bank Conversions and Mergers, Subpart C-Merger of Insured Credit Unions Into Banks

( printed page 21391) AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is proposing to amend its regulations governing the merger of insured credit unions into banks. The Board proposes to eliminate certain prescriptive procedural,...

Sharing is Daring – NACUSO

By Nate AndersonPresident & CEOrekindle The Control Conundrum My local community hosts a Tuesday night “running group.” They run together, then go out for drinks and food afterward. Every week they do this.  I’ve known about this group for over a year and have yet to...

Politics & Payments: GAC

http://www.cutimes.com/2017/02/23/will-new-york-reshape-the-financial-regulatory-lan WASHINGTON – Payments are now political. During the “Assessing the Payments Landscape” breakout session at CUNA’s Governmental Affairs Conference, a panel of...

Looking to a Bright Future of Marijuana Business Banking: GAC

Attendees chat at the GAC's first-ever informational marijuana business banking meeting for CU leaders. WASHINGTON – At previous Governmental Affairs Conferences, banking legal marijuana businesses was still too taboo of a topic for credit unions to discuss in a...

Go on Offense to Fight Regulation, Nussle Says: GAC

WASHINGTON – Credit unions must go on offense if they want to be successful in convincing Congress that they are over-regulated, CUNA President/CEO Jim Nussle said as the organization’s Governmental Affairs Conference began Monday. During a pep talk to...

Rising Incomes Supporting Loan Growth

Businesses and new cars were the fastest growing loan sectors for credit unions in 2016 and loan growth is likely to remain strong this year, CUNA Mutual Group reported Monday. Credit unions held $892.5 billion in loans on their books Dec. 31, 10.9% more than their...

Filene’s War for Credit Union Talent: GAC

WASHINGTON - There’s a war for credit union talent. Filene Research Institute announced today, at the CUNA Governmental Affairs Conference, a $1 million grant from Visa to help with new efforts to attract and retain talent in the financial cooperative industry....

Content Drives E-Commerce: Study

Incomplete content deters almost all online shoppers from completing a purchase according to Irvine, Calif., Episerver's "Reimagining Commerce," a report that shows online shoppers with high expectations for e-commerce listings. The Episerver's survey of more than...