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...

Existing Home Sales Fall to Lowest Level This Year

Existing home sales declined for the second month in a row in July to its lowest level this year as inventory remains relatively low and prices continue to increase, the National Association of Realtors reported Thursday. The decline in existing home sales, which...

Hurricane Harvey Bearing Down, Texas CUs Close Shop

At least six of the 13 credit unions based in Corpus Christi, Texas will be closed Friday and Saturday as the coastal city of more than 320,000 is expected to be in the center of Hurricane Harvey when it hits landfall Friday night. An additional eight credit unions in...

CUNA Announces D.C. Move in 2018

CUNA said Wednesday it will move into a new office during the spring of 2018 at the 99M building currently under construction at Washington D.C.’s Riverfront neighborhood. The national trade organization plans to lease 22,000-square-feet on the third floor in a...

U.S. New-Home Sales Dropped in July

A decline in U.S. purchases of new homes in July may be a sign the industry took a breather following an even stronger run of sales than previously reported, according to government data Wednesday. Highlights of New Home Sales (July) Single-family home sales fell 9.4%...