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 Collections for Comments Request: Proposed Collections

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice and request for comments. SUMMARY: The National Credit Union Administration (NCUA) will submit the following information collection requests to the Office of Management and Budget (OMB) for review and...

Community Development Revolving Loan Fund

SUPPLEMENTARY INFORMATION: Table of Contents Basic Information Eligibility Program Description Eligible Activities Application Contents and Format Submission Requirements and Deadlines Application Review Information Award Notices Post-Award Requirements and...

Beyond Processing | Core As A Strategic Enablement Platform – NACUSO

By Jennifer BerryVise President of Core Conversions and ConsultingSynergent For years, credit unions have viewed the core primarily as a transactional processing system—the operational engine responsible for maintaining accounts, posting transactions, balancing...

Post-Election Training for New Board Members

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) solicits public comment on a proposal to eliminate the regulatory requirement that each director of a federal credit union (FCU) attain a working familiarity with finance and...

Purchase, Sale, and Pledge of Eligible Obligations

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) solicits public comment on a proposal to streamline its regulations governing the purchase, sale, and pledge of eligible obligations. The Board proposes to remove the prescriptive...

Refund of Interest

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is issuing for public comment a proposal to rescind its regulation that addresses the refund of interest to members. This regulation is redundant, as it restates the authority already...