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?

Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of submission to the Office of Management and Budget. SUMMARY: As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following...

Proposed Third-Party Risk Management Guidance

AGENCY: The Office of the Comptroller of the Currency (OCC), Treasury, the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA). ACTION: Proposed interagency...

Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of submission to the Office of Management and Budget. SUMMARY: As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following...

Increase Your Impact Through Storytelling

For millennia stories have transmitted human experience. Storytelling simplifies complexity and helps us make sense of the world. Stories help us empathize with others. They make us feel a part of something larger than ourselves. Stories trigger emotional responses...

Can CUs Help the Underserved Through Transaction Data Sharing?

The growth of data analytics in use and abilities could become a vital tool for credit unions wanting to reach out to the underserved, who often must turn to alternate lenders. All lenders, especially online and payday lenders, need banking transaction data technology...

Simple Workplaces Drive Employee Retention & Productivity

Oftentimes less is more -- including in the workplace, according to Siegel+Gale’s study, “Simplicity at work.” “Simpler workplaces -- those where employees easily get their work done and feel productive and fulfilled doing so --...

Don’t Allow Your Consultants to Do This

At this point, it’s become an industry – consultants who have grown up over the last decade helping banks and credit unions negotiate new agreements or renewals with their payments vendors – networks, processors, internet banking and bill pay...

ADA Lawsuits Against CUs More Than Double in a Month

The number of lawsuits filed in Virginia District Courts against credit unions over the accessibility of their websites has risen from nine to more than 20 in the last four weeks, court documents show. All of the suits — at least 23 at the time of...

Washington’s Largest CU Unveils New Logo, Brand Identity

The $17.5 billion BECU, Washington’s largest credit union, unveiled a new logo and brand identity Thursday. The new logo features the white letters of BECU that are separated by vertical white lines. These elements of the new logo are surrounded by a red...