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?

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...

Thresholds Increase for the Major Assets Prohibition of the Depository Institution Management Interlocks Act Rule

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is seeking comment on a proposed rule that would increase two thresholds in its regulation implementing management official interlocks for purposes of the Depository Institution...

Treasury Denounces CFPB Report, as Deadline Looms

As the deadline approaches for Congress to try to nullify the CFPB’s arbitration rule, the Trump Administration’s fight against the regulation intensified Monday, as the Treasury Department issued a new report blasting the agency’s decision to issue...

Dozens of Employees, Members Lose Homes in California Wildfires

Several California credit unions reported dozens of employees and members lost their homes during the California wildfires, and there could be more losses as neighborhoods were just re-opened Friday morning in Santa Rosa to anxious residents who evacuated their homes...

Harvey Weinstein Scandal: Lessons for HR Departments

What are some of the main lessons that all employers can take away from the fallout of sexual harassment claims against Hollywood producer Harvey Weinstein? First, it’s not enough to have company policies against harassment of any kind  –...

Getting to the Core of a Collaborative Effort

It is one thing to boast about communicating with users, it is quite another to actually build a core processing system using customer collaboration, such as Layton, Utah-based CUProdigy does. The foundation of CUProdigy’s capabilities centers around its cloud...

Scary Number of 2017 Breaches Tops 2016 Record High

Talk about scary Halloween tales. The number captured in the 2017 ITRC Breach Report now totals 1,103, an increase of 22.4% over last year's record pace for the same period (901). As of October 18, the breach total also represents 171,588,466 reported exposed records,...