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...

Overqualified Employees Less Satisfied & Committed

If a worker is feeling overqualified in their current job, perhaps it is time to move on. This is according to a meta-analysis of 25 years of studies on “perceived overqualification,” published in the Journal of Vocational Behavior. Researchers...

Retirement Planning Is Exciting: Consumers

For many U.S. adults, the idea of thinking about having enough money for retirement may be more exciting than it is scary, according to analysts at Lincoln Financial Group. The opposite appears to be true of thinking about unexpected medical bills....

NCUA Approved May Mergers Increase

In May, the NCUA approved 17 mergers with the largest consolidations occurring in Washington, California and North Dakota. The number of mergers in May picked up from April when the federal agency gave the green light to only 11 consolidations. The largest approved...

Gone Phishing: The Top 10 Attractive Lures

What are the most attractive phishing lures? Security alerts, vacation and sick time policy announcements, and package delivery notifications, according to simulated test findings from Tampa Bay, Fla. cybersecurity firm KnowBe4. KnowBe4 tracked the most-clicked email...

Fill in the Blank

Banking at a credit union has become “_anking” in Canada. Like many of our online readers, I was smacked right in the funny bone by Canada’s financial experts recently and their decision to force credit unions to stop using the words...

Rep. Wagner Drafts Bill to Kill DOL Fiduciary Rule

House lawmakers plan to convene a hearing Thursday to discuss the impact of the Department of Labor’s fiduciary rule on the capital markets. The hearing will focus on a draft bill put forth by Rep. Ann Wagner, R.-Mo., that seeks to kill the...