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?

Request for Information Regarding Enhancing and Streamlining Data Collection From Credit Unions

AGENCY: National Credit Union Administration. ACTION: Notice; request for information. SUMMARY: The National Credit Union Administration (NCUA) is issuing this request for information (RFI) on opportunities to enhance and streamline NCUA's data collections....

Bank Conversions and Mergers, Subpart C-Merger of Insured Credit Unions Into Banks

( printed page 21391) AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is proposing to amend its regulations governing the merger of insured credit unions into banks. The Board proposes to eliminate certain prescriptive procedural,...

Sharing is Daring – NACUSO

By Nate AndersonPresident & CEOrekindle The Control Conundrum My local community hosts a Tuesday night “running group.” They run together, then go out for drinks and food afterward. Every week they do this.  I’ve known about this group for over a year and have yet to...

Top Fintech Innovators Named

China tops the list of fintech innovators, nabbing the top three spots and five of the top 10 on the 2017 Fintech 100 list. According to KPMG International, the list, which was compiled by Fintech Innovators, a collaboration...

Credit Unions Appoint New CEOs

Credit unions in Michigan, Delaware and Oregon named new CEOs earlier this month. In Michigan, Stephen P. Grech was appointed president/CEO of the $195 million Monroe County Community Credit Union in Monroe, which serves 28,355 members. He succeeded Mike Newman who...

Belco Community CU, SkyOne FCU, Ent CU Promote Employees

Numerous credit union employees will begin the Thanksgiving holiday with new job titles, as five credit unions announced new hires and promotions this past week. Plus, the Cooperative Credit Union Association presented an award of excellence. WEST Following the...

ADA Cases Spread to Georgia Credit Unions

The spate of ADA lawsuits against credit unions spread from Virginia to Georgia this week, where at least two more credit unions have been sued over the accessibility of their websites, according to court documents. Those filings show that Hapeville, Georgia-based...

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...