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?

Advocacy in Action – NACUSO

Why NACUSO Shows Up in Washington Each year, thousands of credit union leaders gather in Washington, D.C. for the Governmental Affairs Conference (GAC). While the conference is known for its energy, scale, and tradition, at its core GAC represents something far more...

Sunshine Act Meetings

This site displays a prototype of a “Web 2.0” version of the daily Federal Register. It is not an official legal edition of the Federal Register, and does not replace the official print version or the official electronic version on GPO’s govinfo.gov. The documents...

Records Preservation Program and Appendices-Record Retention Guidelines; Catastrophic Act Preparedness Guidelines

AGENCY: National Credit Union Administration (NCUA). SUMMARY: On April 24, 2024, the NCUA Board (Board) published an advance notice of proposed rulemaking (ANPR) to solicit comments on ways the agency can improve and update its vital records preservation program...

Anatomy of Mortgage Spear-Phishing Campaigns

According to new numbers from the U.S. Commerce Department released recently, new home builds and sales are rising, which could mean a big opportunity for mortgages and unfortunately, cyber criminals. Increasingly, malicious hackers are spoofing emails as part of a...

Mobile Bank Startup Eyes National Bank Status

Varo Money Inc. is shooting to be the first national mobile bank. The mobile banking startup announced Tuesday that it has applied for a national bank charter from the Office the Comptroller of the Currency and for federal deposit insurance from the Federal Deposit...

New Mexico Credit Unions Call Off Merger

The proposed merger between two of New Mexico’s largest credit union was called off, according to a prepared statement released Friday by the boards of directors. In October, New Mexico’s fourth largest credit union by assets, the $783 million Kirtland...

Instant Issuance: In the Cards for Credit Unions?

With the evolution to more self-service interactions, instant card issuance provides members with a good reason to visit credit unions, which can then deliver securely activated cards directly into their hands. It also provides members with human contact while...