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?

Advocacy in Action – NACUSO

Why NACUSO Shows Up in Washington Each year, thousands of credit union leaders gather in Washington, D.C. for the Governmental Affairs Conference (GAC). While the conference is known for its energy, scale, and tradition, at its core GAC represents something far more...

Sunshine Act Meetings

This site displays a prototype of a “Web 2.0” version of the daily Federal Register. It is not an official legal edition of the Federal Register, and does not replace the official print version or the official electronic version on GPO’s govinfo.gov. The documents...

Records Preservation Program and Appendices-Record Retention Guidelines; Catastrophic Act Preparedness Guidelines

AGENCY: National Credit Union Administration (NCUA). SUMMARY: On April 24, 2024, the NCUA Board (Board) published an advance notice of proposed rulemaking (ANPR) to solicit comments on ways the agency can improve and update its vital records preservation program...

U.S. Home Starts Reach Highest Level in a Year

U.S. new-home construction rebounded in October to the fastest pace in a year, partly reflecting recovery efforts in the hurricane-stricken South, government figures showed Friday. A pickup in permit applications for one- family dwellings indicates building will...

Credit Union Employee Helps Catch a Thief

Following an audit, a Louisiana woman was accused of allegedly stealing more than $10,000 from a credit union where she was employed, while an alert credit union employee in Florida helped police catch a woman running a fraudulent car loan scheme. Alyse Jones, 22, a...

Small Businesses Reveal Cash Flow Issues, but Optimistic Outlook

Small businesses reveal cash flow as an overriding concern in a web-based survey from Boston-based Mercator Advisory Group’s regarding payment acceptance, B2B payments and banking services use and alternative lenders. The research, “Business Credit Cards...

Senate Committee Approves Tax Bill, Preserving CU Tax Exemption

The Senate Finance Committee Thursday approved its version of tax reform legislation, which retains the credit union tax exemption. The bill now goes to the Senate floor, where it faces an uncertain future because it remains unclear if Senate Republicans have the...

This Thanksgiving, Bring Out Your Inner Oprah

Remember how much everyone couldn’t wait for 2016 to be over? I saved a cartoon on my phone the day after Christmas last year that summed it up perfectly. The cartoonist compared the year to a party guest who refuses to leave, illustrating it as a big round ball...