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...

Notice of Termination of Excess Insurance Coverage

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is issuing for public comment a proposal to amend the NCUA's regulations that establish the requirements for obtaining and maintaining federal share insurance with the National Credit...

Requirements for Insurance

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is issuing for public comment a proposal to amend the NCUA's regulations that establish the requirements for obtaining and maintaining federal share insurance with the National Credit...

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By John DearingPartnerCapstone Strategic Strategic acquisitions are no longer a peripheral conversation in the credit union industry. They are becoming a core growth lever – used selectively, deliberately, and with far more strategic intent than in prior cycles.  This...

Dependent Care and Board Member Expense Reimbursement

SUPPLEMENTARY INFORMATION: I. Introduction A. Background Since 1934, the Federal Credit Union Act (the FCU Act) has restricted FCU board compensation.[1] The FCU Act provides that only one FCU board member may be compensated as such. No other FCU official may receive...

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...

Nondiscrimination Requirements

( printed page 1467) AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is publishing this proposed rule to remove a redundant and outdated regulation regarding nondiscrimination in lending. While the regulation was intended to...