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...

NCUA Offers Help in Areas Hit by Hurricane Irma

As Hurricane Irma moves closer to Florida, the NCUA on Thursday reminded credit unions that the agency is prepared to provide emergency assistance to credit union members and others. President Trump Thursday issued disaster declarations for the Virgin Island, Puerto...

Knoxville Teachers FCU’s Remote Lending Strategy Success

Knoxville Teachers Federal Credit Union’s recent decision to add a remote electronic signature module to allow real-time loan-document signing online is already receiving a passing grade from its members. The $206 million credit union, which serves Knox County,...

Bankrupt Puerto Rico Set for Fresh Hit From Hurricane Irma

Puerto Rico, already dealing with a financial disaster, is about to be hit with a natural one. Hurricane Irma is barreling toward the U.S. territory of 3.5 million residents, raising the prospect of costly damage to a poverty-wracked island that collapsed into a...

Learning Cultures Drive Business Impact

The strength of an organization’s learning culture can be the single biggest driver of business impact.  In a learning culture, people develop their abilities, their technical skills improve and career advancement occurs. Learning and development...

Houston Credit Union Describes Recovery Efforts

CEO Randall Dixon outside ECCU's north branch. In addition to cleaning up a branch over the Labor Day Weekend that had been destroyed by three feet of rain dumped by Tropical Storm Harvey, the $227 million Energy Capital Credit Union is also providing its employees...

3 Ways to Revamp Your CU’s Life Insurance Offerings

A lack of consumer education, long, drawn out underwriting processes and widespread misconceptions around life insurance have provided significant headwind for credit unions seeking to provide members with important life insurance protection. But with September being...