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...

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...