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 Collections for Comments Request: Proposed Collections

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice and request for comments. SUMMARY: The National Credit Union Administration (NCUA) will submit the following information collection requests to the Office of Management and Budget (OMB) for review and...

Community Development Revolving Loan Fund

SUPPLEMENTARY INFORMATION: Table of Contents Basic Information Eligibility Program Description Eligible Activities Application Contents and Format Submission Requirements and Deadlines Application Review Information Award Notices Post-Award Requirements and...

Beyond Processing | Core As A Strategic Enablement Platform – NACUSO

By Jennifer BerryVise President of Core Conversions and ConsultingSynergent For years, credit unions have viewed the core primarily as a transactional processing system—the operational engine responsible for maintaining accounts, posting transactions, balancing...

McWatters—Fold Stabilization Fund Into Insurance Fund: GAC

Washington--The NCUA should boost its Share Insurance Fund by folding the temporary corporate stabilization fund into it, NCUA Acting Chairman J. Mark McWatters said Tuesday. “It is important that the agency maintain a strong Share Insurance Fund for the mutual...

McWatters: Fold Stabilization Fund Into Insurance Fund: GAC

Washington--The NCUA should boost its Share Insurance Fund by folding the temporary corporate stabilization fund into it, NCUA Acting Chairman J. Mark McWatters said Tuesday. “It is important that the agency maintain a strong Share Insurance Fund for the mutual...

Herb Wegner Memorial Award Winners Honored: GAC

WASHINGTON – This year’s recipients of the prestigious National Credit Union Foundation’s Herb Wegner Memorial Award were a former undocumented immigrant who became a credit union CEO, a retired president/CEO of the nation’s largest CUSO, who...

Economists Project Strong Credit Union Loan Growth: GAC

From left to right: Bill Hampel, chief economist and chief policy officer for CUNA, Steve Rick, chief economist for CUNA Mutual Group, Mike Schenk, vice president, economics and statistics at CUNA and Perc Pineda, CUNA's senior economist. WASHINGTON – Despite...

A Call for Strong Authentication to Boost Digital Security

The U.S. digital economy, including financial institutions, needs stronger authentication and security to succeed. That message comes directly from a detailed plan delivered by the National Institute of Standards and Technology. “Our reliance on passwords...