Fiscal Credit Union, Glendale, Calif., on Tuesday said its board of directors is pursuing a merger with UNIFY Financial Federal Credit Union, Torrance, Calif.

WASHINGTON -- Federal banking regulators issued a broad proposal Wednesday designed to counteract cybersecurity threats that could hit at the financial industry’s critical junctures.

Credit unions recognize excellence in financial planning and other CU professionals in the news.

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.

Empower Credit Union West Allis, Wis., has converted to Symitar Episys core processing system provided by Member Driven Technologies.

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

Our industry believes that diversity is the right goal to pursue, but we don't necessarily see a financial incentive for taking action.

The Federal Financial Institutions Examination Council reiterated Monday that its cybersecurity assessment tool is voluntary, despite bankers' fears that not using it could put them in hot water with their examiners.

With implementation of a new IRS rule just weeks away, a group of seven financial trade groups, including Credit Union National Association (CUNA) and National Association of Federal Credit Unions (NAFCU), wrote a joint letter to the head of the IRS saying the rule could harm their members' mortgage lending activities.

Storybook pals, recognizing excellence and promotions that make you say “OMG!” are all part of the latest round-up of credit union community news.

Financial institutions are expected to spend more on technology in the coming year, with the cash earmarked for things like upgrading mobile apps and adding self-service tech in branches.

The budget proposal was released less than two weeks before the agency's first public budget hearing since 2008 and drew immediate criticisms from the CU trade associations.

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.

Consumers voted with their feet in September, as the embattled bank said Friday that new checking accounts were down by 25% from year earlier.

Time capsules, “denim days” and supporting local nonprofits are just a few of the highlights from the latest round-up of credit union community news.

In honor of International Credit Union Day, Credit Union Journal offers its annual Day in the Life of Credit Unions project in which CUs are invited to take photos throughout the day on the same day to illustrate the typical—and sometimes not-so-typical—day at a credit union. Because no matter what day it is, credit unions are living out the mission helping to improve the lives of their members and the communities they serve.

The first-ever week-long celebration of credit unions in the Nutmeg State is timed to coincide with International Credit Union Day.

WASHINGTON – Democratic presidential nominee Hillary Clinton would engage in a review of financial regulations and simplify or eliminate those that are found to be unnecessary if she is elected president, a top adviser said Thursday.

The key to making the most of a window of opportunity opened up by a competitor’s mistakes is being ready for it before it ever happens and having a compelling story to tell newly opened ears.