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...

Performance Management in for a Sea Change

Human resources leaders have committed to major changes in performance management and human capital management processes, according to a new survey, but well over half haven’t started the overhaul. That’s according to the survey from Wakefield...

Alabama CU League Endorses Republican Strange in Senate Race

The Alabama Credit Union Association has endorsed Republican Sen. Luther Strange in this year’s special Senate election. Earlier this year, Strange was appointed by former Gov. Robert Bentley to fill the term of former Republican Sen. Jeff Sessions, who vacated...

4 Ways Credit Unions Can Be More Like Zappos

The outrageous décor at Zappos includes this gigantic piñata piece saved from a fiesta-theme company party. At CUNA’s America’s Credit Union Conference last month in Las Vegas, some attendees had the chance to feel like grade school kids...

Survey: Merchants Progressing on Security, Not on Breach Follow-up

Merchants have progressed with mobile security, but almost 70% of those surveyed have not made changes to their fraud prevention following a breach, even though many fear consumer perception. Boise, Idaho-based fraud-detection firm Kount’s 2017 Mobile Payments...

Canada Bans the B-word for Credit Unions

Credit union executives may want to thank their lucky Red, White and Blue stars that they do business in the USA. While Americans were enjoying the Fourth of July and all of the great food and fireworks that came with celebrating the nation’s 241st birthday...