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?

NCUA Draft 2027-2028 Budget

AGENCY: National Credit Union Administration (NCUA) SUMMARY: NCUA's draft “detailed business-type budget” is being made available for public review as required by federal statute. The proposed resources will finance the agency's annual operations and capital projects,...

Conversion to State-Chartered Credit Union

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) solicits public comment on a proposal to remove a regulatory provision regarding the process for maintaining federal share insurance following the conversion of a federal credit union...

Nonconforming Investment Special Reserve

( printed page 66532) AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is proposing to amend its regulations governing the requirements for federal share insurance. This action would remove the requirement for federally insured,...

Learning Cultures Drive Business Impact

The strength of an organization’s learning culture can be the single biggest driver of business impact.  In a learning culture, people develop their abilities, their technical skills improve and career advancement occurs. Learning and development...

Houston Credit Union Describes Recovery Efforts

CEO Randall Dixon outside ECCU's north branch. In addition to cleaning up a branch over the Labor Day Weekend that had been destroyed by three feet of rain dumped by Tropical Storm Harvey, the $227 million Energy Capital Credit Union is also providing its employees...

3 Ways to Revamp Your CU’s Life Insurance Offerings

A lack of consumer education, long, drawn out underwriting processes and widespread misconceptions around life insurance have provided significant headwind for credit unions seeking to provide members with important life insurance protection. But with September being...

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...