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,...

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The CFPB takes another look—while CUSOs & credit unions prepare for a rule that may (or may not) take shape. The regulatory rollercoaster ride of the CFPB’s Personal Financial Data Rights rule, commonly known as its open banking rule, has had many twists and turns...

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We are excited to share that Randy Salser has accepted the position of President & CEO of NACUSO, beginning a bold new chapter as we celebrate 40 years of advancing collaboration across the credit union system. ABOUT RANDY SALSER Randy brings more than 25 years of...

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NACUSO Member of the Month de Risk Partners transforms compliance and internal audit functions for NACUSO credit unions and CUSOs across retail banking, institutional banking, AML, sanctions, and fraud prevention. We turn regulatory obligations into strategic...

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Growing Member Engagement and Loyalty Through a fintech partnership with ASAPP Financial Technology As the financial and digital landscape evolves, so do the expectations and needs of both new and existing Credit Union members. Today, members expect seamless,...

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NACUSO Member of the Month 90-days to Innovation:Turning Insight into Action for Credit Unions At Community Financial, we believe in the power of cooperative finance. And our beloved credit union industry is a unique one, because credit unions are built to care. We...