NCUA

The agency chairman's comments mark an unusual turn for an industry famous for its bipartisanship.

The event is partly intended to increase participation in the agency's diversity self-assessment.

As the industry increases its attempts to diversify its ranks, just 81 out of more than 5,000 CUs completed the regulator’s self-assessment last year.

The regulator issued seven prohibitions for offenses including attempted theft and conspiracy to commit bank fraud.

The regulator has pledged to put forth a rule on credit union-bank purchases before the end of the year. It's likely to lead to another clash with bankers.

Chairman Rodney Hood has pledged to put forth a rule on CU-bank purchases before the end of the year. It's likely to lead to another clash with bankers.

Their challenge is creating a viable, profitable product that doesn't get flagged for being predatory.

Board Member Todd Harper was the lone dissenting vote on the rule, saying it was a "bridge too far." Lawmakers and consumer groups have also spoken out against it.

As the industry considers a movement-wide focus on diversity and inclusion, some at the annual Inclusiv conference say there are opportunities for credit unions to better serve immigrants and have more diverse staffs.

Congress is in session, but actions at NCUA, FASB and more will dominate the upcoming week in Washington for credit unions.