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...

CUNA Mutual Claims Climb From Harvey Disaster

CUNA Mutual Group said Thursday it has received 23 claims from credit unions affected by Tropical Storm Harvey. And while Houston and most of southeastern Texas continue to dry out, the number of reported credit union closures increased slightly from 60 on Thursday to...

Credit Unions, CUNA Mutual Group Hire New Talent

Seven credit unions recently announced staff moves to take their business to the next level. Plus, CUNA Mutual Group hired two new executives. WEST Robert D. Ramirez, president/CEO of the $1.8 billion Vantage West Credit Union in Tucson, Ariz., was appointed to...

Tablets as a Cure for Members Needing Cards Instantly

Brookfield, Wis. Fiserv, launched its Instant Issue Advantage wireless tablet solution, putting instantly issued and activated cards in the hands of verified financial institution cardholders to begin using right away. Instant Issue Advantage wireless tablet...

What’s $1.8 Billion (At Least) Between Friends?

The NCUA has proposed merging the Temporary Corporate Credit Union Stability Fund into the National Credit Union Share Insurance Fund, and soon. And for the first time the regulator has asked credit unions themselves for input on how it’s managed those two funds...

Bitcoin Exchange Sees Complaints Soar as Users Demand Money

The most popular online exchange for trading digital currencies is generating a surge in customer complaints this year even as investors are lured by a dramatic rise in prices. The CFPB has received at least 293 complaints about Coinbase Inc., according to data...

More CUs Reopen in Flood-Ravaged Southeastern Texas

The Cornerstone Credit Union League reported Thursday that 60 credit unions are still closed while 41 credit unions have reopened throughout flood-ravaged Houston and the counties throughout Southeastern Texas. The league also reported nearly $400,000 has been raised...