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?

Nondiscrimination Requirements

( printed page 1467) AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is publishing this proposed rule to remove a redundant and outdated regulation regarding nondiscrimination in lending. While the regulation was intended to...

Chartering and Field of Membership for Federal Credit Unions-Interpretive Rulings and Policy Statements

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board proposes to rescind its Interpretative Ruling and Policy Statement 08-2 (IRPS 08-2). Rescinding IRPS 08-2 would ease the compliance burden on Federal credit unions (FCUs) by limiting the...

Chartering and Field of Membership for Federal Credit Unions-Interpretive Rulings and Policy Statements

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) proposes to rescind its Interpretative Ruling and Policy Statement 10-1 (IRPS 10-1), which was issued as an amendment to IRPS 08-2. Rescinding IRPS 10-1 would ease the compliance...

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By David Dean Head of M&AEvergreen Financial Technology Group Federal law lets credit unions invest or lend up to 1% of their net worth in credit union service organizations, and the collaborative spirit of the industry has given rise to more than 1,100 CUSOs...

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DISCLAIMER: This website and included materials are intended, but not promised or guaranteed to be current, complete, or up-to-date and should in no way be taken as an indication of future results. All information is provided "as is", with no guarantee of...

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The CFPB takes another look—while CUSOs & credit unions prepare for a rule that may (or may not) take shape. The regulatory rollercoaster ride of the CFPB’s Personal Financial Data Rights rule, commonly known as its open banking rule, has had many twists and turns...

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We are excited to share that Randy Salser has accepted the position of President & CEO of NACUSO, beginning a bold new chapter as we celebrate 40 years of advancing collaboration across the credit union system. ABOUT RANDY SALSER Randy brings more than 25 years of...

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NACUSO Member of the Month de Risk Partners transforms compliance and internal audit functions for NACUSO credit unions and CUSOs across retail banking, institutional banking, AML, sanctions, and fraud prevention. We turn regulatory obligations into strategic...

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Growing Member Engagement and Loyalty Through a fintech partnership with ASAPP Financial Technology As the financial and digital landscape evolves, so do the expectations and needs of both new and existing Credit Union members. Today, members expect seamless,...