Aaron Passman

Credit unions across the country open their doors to non-members to cast ballots on Election Day, and while most aren’t expecting any trouble during this tense election season, it can create both challenges and opportunities for participating CUs.

Among the troubles for Rush Credit Union are missing money, mysterious deeds to foreign properties and a car raffle that may have been rigged.

Even if the court does dismiss the suit, the banking trades are widely believed to be prepping another lawsuit against the regulator, this time attacking the recently approved updates to NCUA’s field of membership rule.

The regulator’s settlement with Nomura is tied to the failures of two corporate credit unions, though Nomura did not admit fault as part of its settlement.

Thirty CUs have agreed to pay late fines to the Treasury totaling more than $20,000.

The World Council of Credit Unions has launched a social media app aimed at bringing together the global credit union community, but questions remain about whether or not it will catch on.

CUNA Mutual Group Chief Economist Steve Rick said in the firm’s annual online Discovery Conference that most credit union growth metrics should continue to improve in 2017, though membership growth may begin to slow down.

An online loan-decisioning and funding app for credit unions is the winning idea in this year’s KnockOut innovation competition from PSCU, a 24-hour “hackathon” that aims to find new technology solutions for credit unions.

Full $6 billion borrowing line will remain open, but CUs shouldn’t expect refunds of assessments anytime soon.

A nationwide payday lending rule would add to credit unions' regulatory burden and could increase costs -- a move which would ultimately lead to increase costs for consumers, NASCUS told CFPB.

Up to five finalists will share a $10,000 prize that recognizes innovation in financial services.

Details on the new exam cycle are included in a report from the agency’s Exam Flexibility Initiative working group.

The two trade associations have partnered to fight the Independent Community Bankers of America, and some analysts say this could just be the beginning of new legal challenges from bankers related to high-stakes regulatory reform at NCUA.

New monthly reporting from CUNA Mutual Group and NAFCU shows that while membership and lending gains remain strong and steady, credit unions should expect compliance costs to continue to increase as more regulatory experts are needed at credit unions.

Seattle-based credit union once again turning to local musicians and artists for awareness initiative.

Just in time for the first presidential debate, the Credit Union National Association is rolling out the next phase of its “Strong Credit Unions, Strong Middle Class” campaign, which it launched last year during the run-up to primary voting.

As long as current projections hold, the regulator is unlikely to require further assessments from credit unions, though it is not yet clear whether CUs will get any money back.

Moldovan CU representatives recently visited with colleagues in Idaho as part of an exchange program facilitated by the World Council of Credit Unions.

While the August jobs report may temporarily stave off the next interest rate increase from the Fed, one recent report shows credit unions are making only average gains this summer.

In 15 years of partnering with race organizers, CUs have raised $7.5 million for Children’s Miracle Network Hospitals.