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?

NCUA Draft 2027-2028 Budget

AGENCY: National Credit Union Administration (NCUA) SUMMARY: NCUA's draft “detailed business-type budget” is being made available for public review as required by federal statute. The proposed resources will finance the agency's annual operations and capital projects,...

Conversion to State-Chartered Credit Union

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) solicits public comment on a proposal to remove a regulatory provision regarding the process for maintaining federal share insurance following the conversion of a federal credit union...

Nonconforming Investment Special Reserve

( printed page 66532) AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is proposing to amend its regulations governing the requirements for federal share insurance. This action would remove the requirement for federally insured,...

Falling Into Budget Cleanup 

As the days get shorter and cooler, and the holidays approach, fall is the perfect time to give your finances a seasonal refresh. Take the time now to declutter your spending and refocus on your priorities can set you up for a stress-free winter. Here’s how to get...

What 2025 Tax Changes Mean for Your Wallet 

The following information is provided by our partners at GreenPath Financial Wellness. Note that GreenPath Financial Wellness does not provide legal or tax advice, this information is intended for general guidelines only.   If you’re thinking of buying a new car,...

What Is a Credit Union and How Is It Different from a Bank?

Whether you’re a longtime Service Credit Union member or shopping around for a new financial institution, do you know the real difference between banks and credit unions? Learn what makes credit unions unique and why they may be a better fit for anyone looking to save...

What to Expect When Applying for an Auto Loan

Need to finance a car? If it’s your first time applying for an auto loan, here’s what to expect, and how to best prepare.Understanding Auto Loan BasicsAn auto loan is a secured loan used to purchase a vehicle. You borrow a set amount of money from a lender—such as a...