While surprised and alarmed by Donald Trump's decision to add the reinstatement of the 1930s-era banking law to the GOP platform, Republican lawmakers at the convention in Cleveland maintained that Trump is a better choice for the economy and the financial system. Here's why.

The National Association of Federal Credit Unions is pressuring the federal credit union regulator to reintroduce public budget hearings.

The National Association of State Credit Union Supervisors (NASCUS) announced that it has re-accredited the Kansas Department of Credit Unions (KDCU) -- the fourth such designation by NASCUS for the state department since 1995.

Overland Park, Kan.-based CU Capital Market Solutions LLC (CMS) has announced the purchase of CNBS LLC, a CUSO that originated from U.S. Central in the late 1980s to provide brokerage services to credit unions.

The boards of directors of TULIP Cooperative Credit Union and Harborstone Credit Union voted late last week to merge, pending regulatory approval.

Truliant CEO earns local accolades and other credit union professionals in the news.

A new report by credit information giant TransUnion also finds that as auto loan terms lengthen, the less likely consumers are to complete their loans to term.

Congress appears to have reached an overwhelming consensus of support for small bank carve-outs with 70% of the Senate called for the CFPB to exempt credit unions and community banks from certain regulations. Whether signing a letter of support will make a difference in the debate is unclear.

REDDING, Calif. — Members 1st CU has released a new website that it says improves functionality, content and also includes an "intuitive" navigation system.

Tiny TrustUS Federal Credit Union of Midlothian, Texas will merge into Texas Trust Credit Union, based here, after approvals by regulators and by TrustUS FCU members, the two CUs said Monday.

The National Association of Federal Credit Unions (NAFCU) praised Sens. Joe Donnelly (D-Ind.) and Ben Sasse, (R-Neb.) for leading a bipartisan group of 70 senators who signed a letter urging the Consumer Financial Protection Bureau (CFPB), to exempt credit unions from certain rulemakings under the bureau's Dodd-Frank Act authority.

Paul Manafort, the campaign manager for the presumptive Republican presidential nominee, said Monday during a press briefing that reinstating the law, which separated commercial and investment banking, was one of the few changes Trump is proposing in the GOP platform.

Collecting data to streamline operations and enhance member engagement is an all-important goal, but big data builds up and can dump too much disparate information — supersaturating an otherwise well-intended process.

Hauppauge, N.Y.-based GrooveCar announced that it has added 29 credit union partners since April of this year, bringing the total CU partnerships near 200.

ALEXANDRIA, Va. — The National Credit Union Administration (NCUA) announced Monday that it will provide consulting services to 161 federally insured credit unions in order to "help them grow, innovate and provide better member services."

The Consumer Financial Protection Bureau is expected to unveil a proposal on July 28 that would regulate debt collection practices.

The selection of Indiana Gov. Mike Pence as Donald Trump's running mate could clarify the presumptive Republican nominee's banking policy views, adding a policymaker to the ticket who has been outspoken about the Dodd-Frank Act, "too big to fail" and the CFPB.

The Maine Credit Union League recently announced a radio advertisement initiative beginning July 1 that includes 2,000 paid and no-charge 60-second commercials that will air throughout the summer highlighting the SurF campaign and the credit union movement.

The $1.9 billion CU, which is involved in a lawsuit against the city of New York’s Taxi and Limousine Commission, declined to comment on the reasons for the firing.

Well-known in credit union circles, the latest appointee to the NCUA Board scored a flurry of kudos following the White House announcement.