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NCUA’s quarterly map of state-by-state growth details overall gains for the industry but more of the usual bad news for smaller CUs.
September 23 -
Yahoo says no bank account or card data has been compromised in its massive data breach. Yet hackers could use their ill-gotten personal information about customers to mess with bank accounts.
September 23 -
Starting today, banks and credit unions will get two extra chances every 24 hours to handle Automated Clearing House (ACH) credit payments. But by itself, same-day speed may not be enough to meet the demands of an increasingly digital world.
September 23 -
CUs in Wisconsin and Alabama sign on with CUSO's NPS technology
September 23 -
A mix of lawmakers, regulators and industry stakeholders discussed reforming Dodd-Frank and other hot topics at the National Association of Federal Credit Union’s conference on Capitol Hill.
September 22 -
Despite praise from CFPB Director Richard Cordray, tension was high during his address at the conference, which also featured a variety of lawmakers alternately criticizing and defending the bureau.
September 22 -
Other investigations related to Wells Fargo may prevent the Consumer Financial Protection Bureau from sharing confidential information with House investigators, Director Richard Cordray said Thursday.
September 22 -
More than 50% of millennials can't distinguish between CUs and banks, indicating that credit unions still face a significant awareness gap with younger consumers.
September 22 -
An unusual investment by the Minneapolis company shows how big banks are developing innovative partnerships to deliver financial services in low-income neighborhoods.
September 22 -
One CU celebrates more than seven decades of service, while others offer scholarships, financial literacy training, random acts of kindness and more.
September 21 -
Republican lawmakers are pushing back against claims by the Consumer Financial Protection Bureau's allies that it rooted out fraud at Wells Fargo, arguing the L.A. City Attorney and the Los Angeles Times brought the situation to light.
September 21 -
Federal Reserve officials elected once again to postpone raising rates, but credit union advocates believe that the language contained in the Fed's statement strongly suggests a rate hike is coming very soon.
September 21 -
A provider of print and e-document services exclusively for credit unions, XDI said in a news release Wednesday that more than half of its new clients are using its complete suite of services, which include statements, notices and tax forms that can all be electronically delivered to their members.
September 21 -
It didn't go well when Wells Fargo CEO John Stumpf appeared before the Senate Banking Committee. Here are some of his worst moments.
September 21 -
As long as current projections hold, the regulator is unlikely to require further assessments from credit unions, though it is not yet clear whether CUs will get any money back.
September 21 -
Policymakers repeatedly said during a Senate Banking hearing Tuesday that Wells' mistakes couldn't be blamed as the company maintains just on rogue employees. Instead, they see a cultural problem at the San Francisco bank and wonder whether it extends beyond Wells Fargo.
September 21 -
Credit union analysts are skeptical of the chances for CFPB reform following the Wells Fargo fiasco, but they are also optimistic that it could spur another Bank Transfer Day-style opportunity for CUs.
September 21 -
The fallout from the banking giant's fraudulent practices has some wondering whether or not CUs might be wise to reexamine their own cross-selling strategies.
September 21 -
Fraud analytics, e-signatures, consent tools, artificial intelligence and notifications are all being floated as possible defenses against employees making up fake account openings and product sales.
September 20 -
Latah FCU has converted to a state charter with private share insurance, citing NCUA's potential for interference in the credit union's operations through its management of the share insurance fund.
September 20









