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?

Accuracy of Advertising and Notice of Insured Status

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is issuing this proposed rule to streamline its regulations governing advertising and the notice of insured status. This proposed rule would eliminate provisions concerning the...

Limits on Loans to Other Credit Unions

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) seeks comment on a proposed rule to remove the regulations related to approval and policies on making loans to other credit unions. While this provision will no longer be codified in...

Catastrophic Act Reporting

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is publishing this proposed rule to amend the requirements for federally insured credit unions (FICUs) to report catastrophic acts to the agency. By providing more time for FICUs to...

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The CFPB takes another look—while CUSOs & credit unions prepare for a rule that may (or may not) take shape. The regulatory rollercoaster ride of the CFPB’s Personal Financial Data Rights rule, commonly known as its open banking rule, has had many twists and turns...

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We are excited to share that Randy Salser has accepted the position of President & CEO of NACUSO, beginning a bold new chapter as we celebrate 40 years of advancing collaboration across the credit union system. ABOUT RANDY SALSER Randy brings more than 25 years of...

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NACUSO Member of the Month de Risk Partners transforms compliance and internal audit functions for NACUSO credit unions and CUSOs across retail banking, institutional banking, AML, sanctions, and fraud prevention. We turn regulatory obligations into strategic...

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Growing Member Engagement and Loyalty Through a fintech partnership with ASAPP Financial Technology As the financial and digital landscape evolves, so do the expectations and needs of both new and existing Credit Union members. Today, members expect seamless,...

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NACUSO Member of the Month 90-days to Innovation:Turning Insight into Action for Credit Unions At Community Financial, we believe in the power of cooperative finance. And our beloved credit union industry is a unique one, because credit unions are built to care. We...