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...

Demand for Home Equity Lending Increasing: Raddon

Good news for financial institution heading into the new year. Anticipated loan demand is finally increasing, especially for home equities, according to Raddon’s 2017 national study. The research, “Lending Insights: Loan Demand Rebounds but Challenges...

Credit Unions Spread Cheer, Annual Dividends

Six credit unions have announced $18.1 million in annual dividends, or an extra $19.34 for each of their 957,192 members. Last year, credit unions paid members $5.1 billion in total dividends on shares, and $628 million in interest on state credit union deposits....

CU & Banking Groups Renew Call for Federal Data Breach Legislation

Credit union and major banking trade groups are calling on the House Energy and Commerce Committee to help develop a national standard for data breaches that requires consumers to be notified immediately when a breach occurs. “Data breaches impose significant...

Double-Digit Demand Growth for Wearables to Continue Through 2021

The market for wearables is expected to post an 18.4% compound annual growth rate from 2017 to 2021, according to new data from market intelligence company International Data Corporation. Basic wristbands such as Fitbits have been leaders in this area for some time,...

FIs, Digital Transactions: Top Phishing Targets

Financial institutions and digital transaction brands continue as favorite targets of phishing campaigns according to a third-quarter phishing trend report from San Francisco-based digital threat management solutions provide RiskIQ. In a follow-up to its Q3 mobile...