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...

CU Uses Biometrics to Stay Secure and Competitive

Today's consumers demand cutting-edge technology for everything from their cars, smartphones, grocery stores (Amazon Go) and yes, even their banks. Major banks are investing heavily in new technology to provide the latest and greatest to their customers, often by...

In Memoriam: Hubert H. Hoosman Jr.

Hubert H. Hoosman Jr., the retired president/CEO of the Vantage Credit Union in Bridgeton, Mo., and cofounder of the African American Credit Union Coalition, died in a head-on collision in St. Louis County Monday, according to local police and media reports. He was...