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...

Taxpayers Need an ID Theft Wake-Up Call

Americans remain apathetic about identity theft protection, according to the second annual Tax Season Risk Report, from Scottsdale, Ariz.-based CyberScout, which suggested taxpayers must still take ownership to protect their filings. While the Internal Revenue Service...

Middle America Is Everywhere

The political winds are blowing, not from west to east or even east to west. Actually, I’d say they are blowing from the middle of America outward. My roots are in Arkansas – I was born and mostly raised there through the 70s and 80s. My grandfather ran...

PenFed Expands Insurance Offerings

The nation’s third largest credit union began offering new insurance products to its members, a growing industry-wide trend that can help boost non-interest revenue. CUNA Mutual Group said Wednesday that the $21.3 billion Pentagon Federal Credit Union in...

Purpose and Values Are Not Buzz Words

Now, more than ever, senior leaders must adhere to their values and organizational purpose to create and maintain employee and stakeholder trust. PricewaterhouseCoopers has been surveying CEOs for 20 years to gain their perspective on major trends affecting industry...

Video Tellers & Mobile Take Self-Service to the Next Level

Self-service, available for some time at retail locations such as grocery stores, gas stations and credit unions, now provides more virtually-assisted capabilities, through interactive teller machines and mobile, than ever before. By moving transactions from standard...