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?

Chartering and Field of Membership

( printed page 17769) AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) proposes to amend the associational common bond provisions of its chartering and field of membership (FOM) rules. The proposed FOM amendment would clarify that...

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...

Wills vs Trusts: Choosing the Right Estate Plan for You – NACUSO

By Craig ParkerAssistant General CounselTrust & Will Craig Parker explains the key differences, pros and cons, and how to start a living trust or will. In this video, Craig Parker, Assistant General Counsel at Trust & Will, explains how wills and trusts work, their...

Corporate Credit Unions

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is proposing to amend its regulations for corporate credit unions by removing the requirement that a corporate credit union's asset and liability management committee (ALCO) must have...

Guidelines for Safeguarding Member Information

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is proposing to remove Appendix A to part 748, guidelines for safeguarding member information, from the Code of Federal Regulations (CFR). Appendix A was issued to satisfy the NCUA's...

Supervisory Committee Audits and Verifications

AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board is proposing to amend its regulations governing supervisory committee audits to eliminate unnecessary, redundant, and overly prescriptive provisions. This action is necessary to reduce...

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As a Premier Partner of NACUSO, Evergreen Financial Technology Group (EFTG) invests in mission-critical software businesses that operate independently but share a common belief that credit unions are vital to the fabric of our society. Our portfolio companies combine...