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?

Renewal of Agency Information Collections for Comments Request: Proposed Collections

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice and request for comments. SUMMARY: The National Credit Union Administration (NCUA) will submit the following information collection requests to the Office of Management and Budget (OMB) for review and...

Community Development Revolving Loan Fund

SUPPLEMENTARY INFORMATION: Table of Contents Basic Information Eligibility Program Description Eligible Activities Application Contents and Format Submission Requirements and Deadlines Application Review Information Award Notices Post-Award Requirements and...

Beyond Processing | Core As A Strategic Enablement Platform – NACUSO

By Jennifer BerryVise President of Core Conversions and ConsultingSynergent For years, credit unions have viewed the core primarily as a transactional processing system—the operational engine responsible for maintaining accounts, posting transactions, balancing...

No Mobile Banking Features? You’re Becoming a ‘Dinosaur’

Data from a new survey by the Federal Reserve Bank of Boston suggests that credit unions that don’t offer mobile banking, blow off mobile payments and ignore the mobile needs of business customers could head the way of the dinosaur. The report surveyed 706...

America’s Priciest Housing Market Shows No Signs of Cooling

Housing in America’s most expensive region is going to get even pricier. For all the talk of the U.S. tax overhaul hitting wealthy blue-state real estate, the San Francisco Bay area is set for more home-price gains. Its technology-fueled economy and persistent...

Silicon Valley CU Raises Bid on Solar

A Silicon Valley credit union upped its bet on solar energy Thursday, increasing its commitment to fund loans for installing solar panels on homes. Technology Credit Union of San Jose, Calif., said it will commit $400 million a year to a loan program offered through...

Millennials Have Different Views About Retirement & Finances

Millennials have different ideas about retirement, longevity and their finances at the end of life than other generations. But that doesn’t mean they think about those things all that much, nor realistically. In fact, they’re not thinking about their...