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...

Father & Son Arrested in Two CU Robberies

A 51-year-old father and his 22-year-old son were arrested for allegedly robbing two credit union branches within three weeks in Henderson, Nev. Jeffrey James and his son Jessy James were charged with robbery and burglary by Henderson Police said Thursday. The men...

CU Professionals Make Career Advancements

This past week, nine credit unions across the nation shared announcements of new hires, promotions, retirements and in the case of one credit union, a long-time board member’s passing. WEST The $268 million San Diego Metropolitan Credit Union in San Diego...

PenFed Announces Third Merger of the Year

The $20.6 billion Pentagon Federal Credit Union in Tysons, Va. announced its third merger of the year Friday. Members of the $114 million Augusta Metro Federal Credit Union of Augusta, Ga. voted to merge with PenFed. “This was the best...

Mushrooming World of Ransomware Has Its Eye on Businesses

The United States and Europe lead the world in malware infections, but makers of one kind of malware — ransomware — have their sights especially set on businesses in the United States and the rest of North America, according to new study from Santa Clara,...

Dodd-Frank Overhaul Takes Center Stage, As GAC Convenes

Barring unexpected surprises, President Trump will be at least a couple of miles away from the Washington Convention Center. But make no mistake, President Trump’s presence will be felt all over CUNA’s annual Governmental Affairs Conference. Trump speaks...