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...

Navy FCU Acquires Fort Meade Community CU

Navy Federal Credit Union has acquired a small credit union with two branches in Fort Meade, Md. Fort Meade Community Credit Union, which has been operated by Navy since Monday, is not federally insured and NCUA’s website does not have call reports for the...

Poll: Voters Support CFPB, Strict Financial Regulation

As Republicans push to overhaul Dodd-Frank, a new poll shows that voters favor strict regulation of financial institutions and the goals of the controversial CFPB. The poll was sponsored by Americans for Financial Reform and the Center for Responsible...

Mortgage Experts Predict Improvement as Shortage Persists

The Mortgage Bankers Association on Monday predicted a sharp increase in new home sales in June as homes on the market remain scarce. “The shortage of existing housing supply should keep pressure on prices and new homebuilding throughout the balance of this year...

House Panel Explores Fiduciary Rule Fallout

Some financial service firms are “freely acknowledging” they stand to make more money servicing fewer clients as a result of the Labor Department’s fiduciary rule, which is expected to result in more retirement investors being moved to fee-based...