The National Credit Union Administration (NCUA) has not adopted the gender-neutral “X” marker for its forms, but will use any new versions of government-wide forms created and managed by other agencies, such as the Office [...]
What does it take to become the CEO of a credit union? What skills, education and experience prove most vital? To explore this question, CUCollaborate analyzed the LinkedIn profiles of over 2,700 credit union [...]
As Congress returns from its Spring recess, supporters of marijuana banking are pushing hard to ensure a competitiveness bill now in a House-Senate conference also allows financial institutions to offer services to cannabis-related businesses. A [...]
The National Credit Union Administration (NCUA) is updating its examinations to address two high priorities—fostering Minority Depository Institutions (MDIs) and countering cybersecurity threats—officials told the NCUA board Thursday at its monthly open meeting. [...]
Bank and credit union consolidation is hitting rural areas particularly hard, leaving residents without the simple financial services they have become accustomed to, the Consumer Financial Protection Bureau (CFPB) said in a report Tuesday. A [...]
One day soon, credit union officials may be in for an unwelcome surprise when they open their newspaper or sign on to a local news website. They may find an attack on their credit union. [...]
Eligible credit unions with a low-income designation may apply for Community Development Revolving Loan Fund (CDRLF) grants between May 2 and June 24, the National Credit Union Administration (NCUA) announced today. The agency plans to [...]
The U.S. Postal Service (USPS) is continuing its pilot financial services program even as its own regulatory commission is questioning its legality. “No final determinations have been reached with regard to ending the pilot, [...]
The Consumer Financial Protection Bureau (CFPB) is purposely trying to inflame the public by claiming legitimate fees charged by credit unions and banks are “junk fees,” the two national credit union trade groups told the [...]
Calling current policy unsafe, unjust and shortsighted, National Credit Union Administration (NCUA) board member Rodney E. Hood on Thursday appealed to Congress to immediately enact marijuana banking legislation. “Here we have a rising industry that [...]
The Defense Department has hired a contractor to conduct a study about credit union and bank access to military bases, according to three credit union trade groups. And those groups—the Defense Credit Union Council, [...]
The Community Development Financial Institutions (CDFI) Fund on Wednesday announced it has awarded $26 million to 158 Federal Deposit Insurance Corp. (FDIC)-insured banks as part of its FY21 round of the Bank Enterprise Award ([...]
The National Credit Union Administration (NCUA) should not micromanage federal credit unions by issuing a proscriptive rule requiring them to have succession plans, credit union trade groups told the agency in comments on a proposed [...]
Stating that the National Credit Union Administration (NCUA) each year receives grant requests that exceed available resources, board Chairman Todd Harper is requesting that Congress provide $4 million in FY23 for the Agency’s Community [...]
Members and employees new to credit unions are often left scratching their heads when it comes to the industry’s distinctive vocabulary. This article will not focus on weighty matters of public policy, nor will [...]
