America’s Credit Unions Calls On NCUA to Make Significant Changes During EGRPRA Review

America’s Credit Unions Calls On NCUA to Make Significant Changes During EGRPRA Review

In response to the NCUA’s call for comments regarding its voluntary regulatory review, America’s Credit Unions has submitted a letter calling for large changes including expanding field of membership and raising interest rate caps.

Read more
What Can Be Done About the Drought of New Credit Union Charters?

What Can Be Done About the Drought of New Credit Union Charters?

The credit union industry was founded based on need; those unable to secure financial services turning to their communities for help. Chip Filson argues that this founding nature is slipping away but can still return to its roots.

Read more
NCUA Board Approves Updated Member Expulsion Rule

NCUA Board Approves Updated Member Expulsion Rule

The NCUA board on Thursday, July 20, adopted a final rule making it easier for credit unions to expel members from their institutions for cause, such as violence or disorderly behavior, reports David Baumann of CUCollaborate.

Read more
Keeping Members Where They Are: Outdated Fields of Membership

Keeping Members Where They Are: Outdated Fields of Membership

As digital services and banking experiences become the new norm, traditional field of membership designations have become outdated and restrictive, hurting both credit unions and members alike, argues Emily Claus.

Read more
State-Chartered Credit Unions Sign Cooperation Agreement

State-Chartered Credit Unions Sign Cooperation Agreement

Ten state credit union regulators have signed a new agreement that will govern how they will share supervision when a state-chartered credit union crosses their borders reports David Baumann.

Read more
Streamlining Field of Membership Expansion Will Hurt Small Credit Unions Say Community Bankers

Streamlining Field of Membership Expansion Will Hurt Small Credit Unions Say Community Bankers

Following the NCUA Board’s February approval of a proposal streamlining the field of membership application process, the change is now coming under fire by community bankers, reports CUSO Magazine’s Esteban Camargo.

Read more
Re-Imagining Federal Credit Unions’ Fields of Membership

Re-Imagining Federal Credit Unions’ Fields of Membership

Chip Filson shares some history on how Ed Callahan helped shape the credit union industry by opening up new possibilities in credit union field of membership, seeking to repurpose it as a building block, not a regulatory hurdle.

Read more
NCUA Board Approves Proposal to Streamline FOM Applications

NCUA Board Approves Proposal to Streamline FOM Applications

David Baumann of CUCollaborate shares the NCUA’s new ruling on field of membership applications as well as the organization’s calls for third-party vendor authority—a move the NCUA has been repeatedly campaigning for.

Read more
New Chairman of Subcommittee on Financial Institutions Supports Cannabis Banking

New Chairman of Subcommittee on Financial Institutions Supports Cannabis Banking

Representative Andy Barr, a Republican from Kentucky’s 6th district, was chosen to lead the Subcommittee on Financial Institutions and Monetary Policy, which was previously known as the Subcommittee on Consumer Protection and Financial Institutions, reports Esteban Camargo.

Read more
Leading with Competence, Not Position or Authority

Leading with Competence, Not Position or Authority

Chip Filson recalls then NUCA chair Ed Callahan’s wise words to the industry back in 1982 and how they should impact and inspire credit union leaders today.

Read more