Credit Unions and the Consolidation Curve
Credit union mergers have been at the forefront of news for years now, with industry professionals expressing disappointment and concern over the trend. But are mergers a worrisome sign or simply a symptom of a much larger trend at play? Emily Claus reports on the Consolidation Curve and where we our industry fits into it.
Members of CUNA and NAFCU Approve Merger
The proposed merger between CUNA and NAFCU to form America’s Credit Unions was approved last week by members of the organizations. The new entity will be legally formed on the first of the new year, reports Emily Claus.
CUNA-led Litigation Results in Nationwide Stay of the CFPB’s 1071 Rule
Credit unions are now protected by a nationwide injunction preventing implementation of the Consumer Financial Protection Bureau’s Section 1071 rule, thanks to quick legal action by CUNA, Cornerstone League and Rally Credit Union of Corpus Cristi, Texas.
Credit Unions Worldwide Celebrate the 75th Annual International Credit Union Day
On the 75th Annual International Credit Union Day, Emily Claus reports on the history of the event, past themes, and the celebrations going on across the world for the momentous occasion.
CUNA Releases September Economic Update
CUNA Senior Economist Ligia Vado delves into the scale of the potential effect the lift of student loan forbearance can have on credit union asset quality performance in this month’s CUNA Economic Update.
25 Rock Stars Named for Class of 2023
Credit Union Magazine announces the honorees of this year’s Credit Union Rock Stars program.
Flood Insurance Program to Expire Unless Congress Acts Quickly
On Sept. 30—the end of the fiscal year—the authorization for the NFIP to write new policies expires, which could cause the postponement of thousands of home purchases, reports David Baumann of CUCollaborate.
Registration Open for the 2024 Governmental Affairs Conference
Registration is now open for the Governmental Affairs Conference (GAC). The annual conference will be held at the Walter E. Washington Convention Center in Washington, D.C., and online, March 3 – 7, 2024.
NAFCU Congressional Caucus Underway In D.C.
As NAFCU’s annual Congressional Caucus opens up in D.C. advocates are meeting with lawmakers to discuss key topics and issues facing the industry, reports Emily Claus.
CUNA Lending Council to Award Over $150,000 in Scholarships to Fall Conference
The CUNA Lending Council announces the Next Level Executive Scholarship to allow rising credit union lending leaders the opportunity to attend the 2023 CUNA Lending Council Conference, November 12-15, 2023, in Denver, Colorado.
