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?

Nondiscrimination Requirements

( printed page 1467) AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is publishing this proposed rule to remove a redundant and outdated regulation regarding nondiscrimination in lending. While the regulation was intended to...

Chartering and Field of Membership for Federal Credit Unions-Interpretive Rulings and Policy Statements

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board proposes to rescind its Interpretative Ruling and Policy Statement 08-2 (IRPS 08-2). Rescinding IRPS 08-2 would ease the compliance burden on Federal credit unions (FCUs) by limiting the...

Chartering and Field of Membership for Federal Credit Unions-Interpretive Rulings and Policy Statements

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) proposes to rescind its Interpretative Ruling and Policy Statement 10-1 (IRPS 10-1), which was issued as an amendment to IRPS 08-2. Rescinding IRPS 10-1 would ease the compliance...

What to Expect When Applying for an Auto Loan

Need to finance a car? If it’s your first time applying for an auto loan, here’s what to expect, and how to best prepare.Understanding Auto Loan BasicsAn auto loan is a secured loan used to purchase a vehicle. You borrow a set amount of money from a lender—such as a...

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By Cassie Schock Partnerde Risk Partners The New Reality for Credit Unions Credit unions are under pressure to keep pace with digital transformation. Members now expect seamless digital payments, faster lending decisions, and personalized financial tools. Fintech...

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By Justin Hayes Client-Partner Success ManagerASAPP Financial Technology Credit unions have always stood apart from the big banks by focusing on what matters most, people. Members aren’t treated as transactions or account numbers; they are individuals with unique...