There are no provisions in a new NCUA plan that outright bar credit unions from leveraging subordinated debt to acquire a bank. The long-awaited rule on bank purchases, also released Thursday, merely clarifies existing regulations rather than adding new components.

The Madison, Wis.-based think tank's latest initiative is another sign of the increasing emphasis the credit union industry is placing on diversity, equity and inclusion.

Data from the Credit Union National Association indicates the rule has decreased lending and increased costs as institutions work to stay compliant.

A former credit union CEO explains why it chose to become a bank, subject to taxes, and says Congress needs to intervene in discussions on an NCUA proposal to loosen capital standards.

The National Credit Union Administration plans to unveil new capital proposals on Thursday. It's a given that bankers won't like them, but credit unions could also find themselves disappointed.

The Maine-based credit union's president has retired after 30 years at the institution.

The Delray Beach-based institution will change its name later this year to better reflect the communities it serves and its growth beyond serving just IBM staff.

For the second time in six months, Birmingham Bloomfield CU is absorbing another nearby credit union that will operate as "a part of" BBCU.

As lending slows, new tools could help credit unions expand opportunities to make loans to would-be borrowers they might not otherwise consider.

U.S. Rep. Carolyn Maloney (D-N.Y.) has called on the National Credit Union Administration to halt all sales and foreclosures of taxi medallion loans it obtained following the liquidation of several New York-area credit unions with high concentrations of delinquent medallion loans.

Todd Hall takes the helm as president and CEO amid one of the credit union's biggest challenges in years: an ongoing lawsuit against Truist Financial.

The National Credit Union Administration promised qualified credit unions under $1 billion in assets would be on an 18-month exam timeline by the end of 2019. A recent report says that hasn't happened.

Federal legislation introduced this week by Rep. Gregory Meeks, D-N.Y., would ensure that taxi drivers don't get taxed on medallion debt that gets forgiven. The bill dovetails with a debt forgiveness plan under development in New York, where hundreds of drivers have filed for bankruptcy.

If credit union lenders and underwriters aren't working collaboratively, they could be hindering growth opportunities.

Justin Olson will take the helm from CEO Jim Lumpkin, who led the $90 billion-asset USAgencies for more than two decades.

Following a 44% jump in the number of CU-bank acquisitions in 2019, some observers believe the volume could plateau this year.

Fears that the New York banking giant’s consumer lending product could cut into a key credit union market appear to have been overblown.

Colorado's State Banking Board voted 6-1 to stop Elevations Credit Union from buying Cache Bank & Trust. This is believed to be the first time regulators have blocked such a deal.

In partnership with state leagues, the credit union trade group is committing to $7 million in campaign contributions for the upcoming presidential and congressional contest.

Dennis Hanson, the credit union’s longest-serving chief executive, has announced his plans to retire. A new leader will take the helm in April.