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?

Implementing the Guiding and Establishing National Innovation for U.S. Stablecoins Act for the Issuance of Stablecoins by Entities Subject to the Jurisdiction of the National Credit Union Administration

SUPPLEMENTARY INFORMATION: Table of Contents I. Background II. Legal Authority III. The NCUA Licensing Proposal IV. The NCUA Standards Proposal V. General Request for Comment VI. Regulatory Procedures I. Background On July 18, 2025, President Trump signed the GENIUS...

A CUSO Business Model That “Shows Credit Unions The Money” – NACUSO

By Guy MessickAdvisorNACUSO Business Services “Show me the money!” Credit unions are having a Jerry Maguire moment. Credit unions need more money and they need it now. To remain competitive, it is essential that credit unions grow to meet the changing expectations of...

Thresholds Increase for the Major Assets Prohibition of the Depository Institution Management Interlocks Act Rule

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is seeking comment on a proposed rule that would increase two thresholds in its regulation implementing management official interlocks for purposes of the Depository Institution...

E-Commerce Cyberattacks Grew During 2017 Holiday Season

ThreatMetrix, The Digital Identity Company, research identified 251 million fraud attempts, a 113% growth over 2016, during 2017’s fourth quarter. The report also revealed an increased attack volume originating from Russia. The Q4 2017 Cybercrime Report from San...

RiskIQ Alert Spotlights Bitcoin Security Threats

San Francisco-based digital-threat-management solutions provider RiskIQ’s in its analysis of cryptocurrency security menaces and tips, found more than 600 blacklisted bitcoin apps found across official app stores including Apple and Google. RiskIQ in an alert...

Understaffing Has Many CUs Outsourcing IT

The widening gap between understaffed IT departments and growing demands for better, more complicated data security is pushing many credit unions and community banks to outsource the management of their IT networks and security monitoring, according to new research....

Wave of Crypto Scams, Bitcoin Crash Said to Spook Card Firms

America’s largest banks had a myriad of worries in mind when they rushed this week to ban customers from using credit cards to buy cryptocurrencies. Bitcoin’s gut-wrenching slide was just one of the threats. JPMorgan Chase & Co., Bank of America Corp....