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 Collection of a Previously Approved Collection; Request for Comments

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of submission to the Office of Management and Budget. SUMMARY: As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following...

Proposed Third-Party Risk Management Guidance

AGENCY: The Office of the Comptroller of the Currency (OCC), Treasury, the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA). ACTION: Proposed interagency...

Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of submission to the Office of Management and Budget. SUMMARY: As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following...

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...

Record Number of Crashers Headed to GAC

Crashers group photo at the Govermential Affairs Conference in 2014 A record number of crashers will be crashing CUNA’s Governmental Affairs Conference in February. Filene Research Institute’s Cooperative Trust  announced last week that 78 crashers,...

U.S. Existing-Home Sales Decline as Supply Drops to Record Low

Sales of previously-owned U.S. homes fell in December for the first time in four months, as the market struggles with record-low supply and rising prices, figures from the National Association of Realtors showed Wednesday. Highlights of Existing-Home Sales (December)...

AI Advances Will Require New Laws, Regulations: Microsoft

The rapidly advancing area of artificial intelligence will require a new field of law and new regulations governing a growing pool of businesses involved, according to Microsoft Corp., a 25-year participant in AI research. Companies making and...