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?

Renewal of Agency Information Collections for Comments Request: Proposed Collections

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice and request for comments. SUMMARY: The National Credit Union Administration (NCUA) will submit the following information collection requests to the Office of Management and Budget (OMB) for review and...

Community Development Revolving Loan Fund

SUPPLEMENTARY INFORMATION: Table of Contents Basic Information Eligibility Program Description Eligible Activities Application Contents and Format Submission Requirements and Deadlines Application Review Information Award Notices Post-Award Requirements and...

Beyond Processing | Core As A Strategic Enablement Platform – NACUSO

By Jennifer BerryVise President of Core Conversions and ConsultingSynergent For years, credit unions have viewed the core primarily as a transactional processing system—the operational engine responsible for maintaining accounts, posting transactions, balancing...

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...

Have We Reached Mobile Banking App Saturation?

Is consumer mobile banking app growth starting to level off? For the second consecutive year, overall growth did not show a substantial gain according to the Austin, Texas-based Malauzai Software. However, even though there was only a 6% growth in mobile banking apps...

CFPB Asked to Delay Arbitration Rules

The regulatory battle between the CFPB and the Office of the Comptroller of the Currency over the consumer agency’s  final arbitration rule raged on Monday, with the OCC asking that the rule not be published until it conducted an independent review of the...