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...

Oroville Dam Evacuation Order Closes CU Branches

At least six branches have been closed since Monday because of evacuation orders for areas near the precarious Oroville Dam crisis in Northern California. More than 188,000 people evacuated their homes on Sunday because of extensive damage to the dam’s primary...

Trump Won’t Defend CFPB in Court, Groups Argue

Democratic state attorneys general, two members of Congress and consumer groups are renewing their request to help defend the CFPB in court, contending that the Trump Administration is likely to abandon the agency.  The groups argue that while the Obama...

20 Top Employee Benefits, Perks for 2017

You might not pick a job solely based on the perks and benefits the company offers, but you have to admit that some temptations are more compelling than others — and, when push comes to shove, the benefits can make the difference when choosing one...

Mobile Banking Optimal for Lending Growth

Mobile banking allows credit unions to compete with larger financial institutions. It gives them a competitive edge and greater flexibility. It is also great for lending growth. A study by the Federal Reserve reported that “67% of millennials now use mobile...

Are You Financially Compatible With Your Loved One?

Love is free, but that’s not how your creditors see it. When couples open their credit card bills next month and see “they spent what!?” on Valentine’s Day, they may need to talk about their financial values before it leads to heartbreak. U.S....

Cybersecurity Creating Confusion Among Consumers

U.S. adults think retailers and credit payment companies should hold most of the responsibility for protecting their data used in online purchases but don’t expect companies to give-in to ransomware demands. In a new survey, “Hacking America: Cybersecurity...