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?

Regulation for Federal Financial Assistance

SUPPLEMENTARY INFORMATION: I. Executive Summary The Office of Management and Budget (OMB) proposes to revise several parts of the OMB Guidance for Federal Financial Assistance located in title 2 of the Code of Federal Regulations (CFR), subtitle A, to improve and...

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...

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...