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...

Equifax Pulls Web Page Offline After Another Possible Attack

Equifax Inc. pulled one of its customer help pages from its site so the company’s security team can investigate reports of another possible cyber attack. "We are aware of the situation identified on the equifax.com website in thecredit report assistance link,"...

Survey: Retail Websites May Know CU Members Better Than You

Credit unions may have access to mountains of data, but 59% of their members apparently feel retail websites such as Amazon, Netflix and Zappos know them better than their credit unions do, according to a new survey of 2,201 U.S. adults by financial services software...

One CU Office Damaged, Others at Risk in California Fires

At least one credit union office has been damaged by the fires raging through California, although that number could increase as the fires ravage several counties in the state, according to officials from the California and Nevada Credit Union Leagues. An office of...

Former Credit Union Executive Sentenced in Hit-and-Run Case

Jarvis Kendrick addressing the victim's family in court. Photo credit: Florida State Attorney's Office Two years ago, a newspaper lauded Jarvis Kendrick as an emerging young leader in Central Florida’s business community. On Monday, the former senior vice...