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...

15,000 CU Employees in the Path of Hurricane Irma

Updated: Saturday, 12:32 PM ET  About 5.5 million credit union members and their nearly 15,000 employees are in south Florida or along parts of its coast under watches or warnings for Hurricane Irma’s arrival expected early Sunday. An analysis of NCUA data...

CUNA, CO-OP & PSCU Connect CUs & Members Impacted by Irma

CUNA, CO-OP Financial Services and PSCU have announced a coordinated effort to link credit union members in Hurricane-affected areas with credit unions. The groups have established toll-free numbers that are intended to help credit union members with access and branch...

PSCU Prepares for Hurricane Irma

As the Southeast prepares for Hurricane Irma, St. Petersburg, Fla.-based PSCU relayed its disaster preparedness and what the CUSO is doing to support its Member-Owners in light of the impending storm. PSCU has proactively reached out to all its member-owners in the...

First Tech FCU Signs Deal With Portland Trail Blazers

First Technology Federal Credit Union has teamed up with the Portland Trail Blazers in a multiyear promotional agreement starting with the 2017-2018 season, according to announcements from both organizations.  The financial terms of the deal were not disclosed,...

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,...