( printed page 6531) AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is seeking comment on proposed regulations to implement portions of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). The...
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?
Bank Conversions and Mergers, Subpart A-Conversion of Insured Credit Unions to Mutual Savings Banks
AGENCY: National Credit Union Administration (NCUA) SUMMARY: The NCUA Board (Board) is proposing to amend its regulations governing the conversion of insured credit unions into banks. The NCUA Board proposes to eliminate certain prescriptive procedural, disclosure,...
Mergers of Insured Credit Unions Into Other Credit Unions; Voluntary Termination or Conversion of Insured Status
AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) proposes to amend its regulations governing the voluntary termination of federal share insurance to streamline member communication requirements. This action is necessary to reduce...
Chartering and Field of Membership for Federal Credit Unions-Interpretive Rulings and Policy Statements
AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board proposes to rescind its Interpretative Ruling and Policy Statement 06-1 (IRPS 06-1). Rescinding IRPS 06-1 would ease the compliance burden on Federal credit unions (FCUs) by limiting the...
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By David DeanHead of M&AEvergreen Financial Technology Group I was recently speaking with a fintech founder about why my team at Evergreen Financial Technology Group (EFTG) is so emphatic about a philosophy we call extreme decentralization. As we talked, it occurred...
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By Guy MessickAdvisorNACUSO Business Services In collaboration with Mitchell Amsler CEOCapital Management NACUSO is always searching for ways collaboration can help credit unions manage the issues facing them… issues such as how does a credit union earn sufficient...