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 Collection of a Previously Approved Collection; Request for Comments

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of submission to the Office of Management and Budget. SUMMARY: As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following...

Proposed Third-Party Risk Management Guidance

AGENCY: The Office of the Comptroller of the Currency (OCC), Treasury, the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA). ACTION: Proposed interagency...

Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of submission to the Office of Management and Budget. SUMMARY: As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following...

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...