Credit unions that don't embrace digital retailing as part of their auto lending strategy will end up spinning their wheels.

Though the agency plans to give more credit unions authority to issue subordinated debt, limited investor appetite and other factors could hamper activity.

The proposal is the fourth piece of legislation unveiled this week to tweak the Federal Credit Union Act.

National Credit Union Administration board member Todd Harper also emphasized the risks of poor succession planning during remarks on Wednesday.

Rep. Blaine Luetkemeyer, R-Mo., said Congress has "got to be pushing back" against the Current Expected Credit Losses standard, while Rep. Steve Stivers, R-Ohio, indicated that not all Republicans view the cannabis banking issue the same way.

The third credit union-related bill introduced this week would cut credit unions’ annual required board meetings to just six times per year.

ICBA outlined a series of questions for lawmakers that would force credit unions to defend the industry's practices during meetings with local representatives.

Recent political controversies are forcing credit unions and industry groups to reconsider their support for lawmakers they previously endorsed.

The regulator completed a thorough process, which included ensuring investors would treat borrowers well, before settling on a buyer.

Legislation introduced Monday would go beyond changes the National Credit Union Administration put in place last year and increase parity with state-chartered institutions.

NCUA board member Mark McWatters defended the agency's position on credit union-bank purchases and called out the ongoing sniping on both sides of the argument.

The Credit Union National Association is submitting a FOIA request to get more information about the National Credit Union Administration's recent portfolio sale, but further action could be necessary if those answers aren't satisfactory.

The Armed Forces Financial Guide covers information such as special pay, service benefits and long-term financial planning.

Rep. Gregory Meeks is unhappy with the National Credit Union Administration's recent sale of more than 4,000 taxi medallion loans to a hedge fund.

When small banks leave the community, it makes sense for credit unions to fill the void.

The industry loves to tout its bipartisanship, but it has very publicly embraced the Trump administration at times.

Karyn Davis has taken over as chief executive following Linda Stanton's retirement.

Data from regulators in the Badger State show state-chartered CUs making gains in several key areas in 2019 even amid a dip in ROA and an increase in allowance for loan losses.

After more than five decades as a volunteer board member and committee member, one industry veteran looks back at how the movement has changed and what has stayed the same.

Roger Heacock, president and CEO of the South Dakota-based institution, will step down in January.