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The National Credit Union Administration has unveiled a proposal to address a federal judge's concerns that its 2016 field-of-membership overhaul could discourage lending in low-income areas.
October 24 -
The 2018 Statistical Report from the World Council of Credit Unions shows the industry continuing to grow, though 80% of global assets are held in North America.
October 24 -
Northeast Credit Union and Naveo Credit Union both named new branch managers while other institutions promoted employees and brought additional talent on board.
October 24 -
Arkansas Democrat-Gazette FCU, originally chartered to serve newspaper employees, has received regulatory approval to merge into a larger institution.
October 24 -
The credit union regulator has spent 20 years asking lawmakers for greater oversight of third-party vendors. Here's why it might finally happen.
October 24 -
A letter from the Ohio Democrat claims Rodney Hood, chairman of the National Credit Union Administration, is using social media to "curry favor with the president, seriously compromising the independence of the agency."
October 23 -
A poll from AmOne indicates consumers aren't optimistic about their prospects for retirement.
October 23 -
Credit unions have achieved success in areas like auto and consumer loans but there is still room for them to increase their home lending.
October 23
CU Direct -
The Corporate Transparency Act would require companies to report their true owners to the Financial Crimes Enforcement Network, removing the burden of financial institutions to collect beneficial ownership information about their clients.
October 23 -
FCUs are regaining their appeal given the resources NCUA has put into helping de novos and the potential for expanded fields of membership.
October 23 -
The Flint, Mich.-based institution has selected an executive with expertise in fraud prevention and law to take the helm following CEO Marilyn Reno's retirement.
October 22 -
Credit Union of America has given some executives additional roles while other institutions have announced new hires and promotions.
October 22 -
An analysis of industry data shows CUs are not the leader in that space they have long claimed to be. Here's why that could come back to bite institutions later on.
October 22 -
TruMark Financial Credit Union raised money for financial literacy with a kiss-a-pig event while other institutions donated to causes such as a food program.
October 21 -
The National Credit Union Administration board is expected to tackle a rule on nonmember shares this week while the House Financial Services Committee will examine Facebook's effect on financial services.
October 21 -
Usage of mobile and online banking services continues to rapidly expand. Here's how credit unions can help members understand the value these sevices offer.
October 21
PenFed -
Draft legislation would amend the Bank Service Company Act to give the National Credit Union Administration third-party vendor oversight, a power it has been requesting for the better part of two decades.
October 18 -
Dort Federal Credit Union provided a free meal to all of its branch employees for CU Lunch Local while other institutions served their communities in other ways.
October 18 -
PSCU also found in its second-annual payments study that Americans were turning to debit cards over credit cards.
October 18 -
A study commissioned by the Florida Bankers Association found that 70% of participants supported Congress requiring CUs with at least $500 million in assets to pay income taxes.
October 18




















