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 Collections for Comments Request: Proposed Collections

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice and request for comments. SUMMARY: The National Credit Union Administration (NCUA) will submit the following information collection requests to the Office of Management and Budget (OMB) for review and...

Community Development Revolving Loan Fund

SUPPLEMENTARY INFORMATION: Table of Contents Basic Information Eligibility Program Description Eligible Activities Application Contents and Format Submission Requirements and Deadlines Application Review Information Award Notices Post-Award Requirements and...

Beyond Processing | Core As A Strategic Enablement Platform – NACUSO

By Jennifer BerryVise President of Core Conversions and ConsultingSynergent For years, credit unions have viewed the core primarily as a transactional processing system—the operational engine responsible for maintaining accounts, posting transactions, balancing...

Top 10 Credit Unions Post Strong 2Q Income

Net income for the top 10 credit unions rose 18% in the second quarter with strong gains in interest and fee income despite a slowdown in real estate lending. An analysis of the latest NCUA call reports by CU Times show the largest credit unions based on assets...

U.S. ATM Count Hits Half-Million Mark

The number of ATMs in the United States has grown to between 475,000 and 500,000, according to new data out this week from the ATM Industry Association.  The trade group reported that the financial services industry has been adding more terminals after years of...

These People Pay the Most Overdraft Fees

(Bloomberg) -- Perhaps the most despised bank fee among consumers is the overdraft fee, an ugly $30 (or so) insult to your wallet. Many consumers have been hit with it at one time or another, usually when it’s the absolute last thing they need. The...

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,...