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...

6 Essential Aspects of Workplace Culture

Yet another study is showing that money isn’t the only thing that can make a worker stay — and it’s not even at the top of the list for many employees.  The main ingredients to crafting a successful culture are purpose, opportunity,...

University Credit Union Names New CEO

The board of directors for the $616 million University Credit Union in Los Angeles said last week David Tuyo was named its new president/CEO. He succeeded Paul Yang who was appointed president/CEO at the $996 million Credit Union 1 in Anchorage, Alaska in December....

Keeping Tabs on MBL Rule Implementation: Onsite at CUBG

NCUA Board Member Rick Metsger talks to CUBG conference attendees about new MBL rules and changes at the NCUA. PORTLAND, Ore. – In a closing session at the 2017 CUBG Annual Conference Wednesday, NCUA Board Member Rick Metsger said the NCUA is taking an active...

DOL Releases New Fiduciary FAQ on Retirement Plans

ERISA attorneys are applauding the Department of Labor's just-released FAQ guidance on its fiduciary rule. “We are generally pleased,” said Steve Saxon, partner at Groom Law Group. “The 408(b)(2) guidance just makes good sense because the DOL was...

Successful Branch-Based Small Business Programs: Onsite at CUBG

Jim Hanson of JDH Consulting discusses why credit unions should implement a branch-based small business program. PORTLAND, Ore. – Despite the perception that small business owners wouldn’t think of looking to credit unions for financial services, credit...