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?

Bank Conversions and Mergers, Subpart C-Merger of Insured Credit Unions Into Banks

( printed page 21391) AGENCY: National Credit Union Administration (NCUA). SUMMARY: The NCUA Board (Board) is proposing to amend its regulations governing the merger of insured credit unions into banks. The Board proposes to eliminate certain prescriptive procedural,...

Sharing is Daring – NACUSO

By Nate AndersonPresident & CEOrekindle The Control Conundrum My local community hosts a Tuesday night “running group.” They run together, then go out for drinks and food afterward. Every week they do this.  I’ve known about this group for over a year and have yet to...

Proposed New and Renewal of Agency Information Collections; Request for Comments

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of submission to the Office of Management and Budget. SUMMARY: As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following...

New Credit Unions Offer Hope

Small community organizers hope credit union model will help people of color achieve financial sustainability.

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...