What Do This Weekend’s Bank Failures Mean for Credit Unions?

What Do This Weekend’s Bank Failures Mean for Credit Unions?

Chip Filson recaps the recent failures of two mid-sized banks, the threat to the financial system, and what it means for credit unions in the near future.

Read more
In the Wake of Silicon Valley Bank Collapse, NCUA Chairman Harper Issues Statement

In the Wake of Silicon Valley Bank Collapse, NCUA Chairman Harper Issues Statement

Following the events of the weekend, during which two mid-sized banks collapsed, NCUA Chairman Todd Harper issued a statement on the safety and soundness of the credit union system, reports CUSO Magazine’s Esteban Camargo.

Read more
Democrats Call on NCUA, Financial Regulators to Focus on Zelle

Democrats Call on NCUA, Financial Regulators to Focus on Zelle

Financial regulators, including the NCUA, must do more to protect members and customers who fall victim to scams and fraud when using the Zelle payment network, five Democratic senators told the regulators last week, reports David Baumann of CUCollaborate.

Read more
Who is NCUA’s Customer?

Who is NCUA’s Customer?

Chip Filson ponders who the NCUA serves: members, credit unions, the Treasury, or maybe something else.

Read more
Four Industry Leaders Awarded the Herb Wegner Memorial Award

Four Industry Leaders Awarded the Herb Wegner Memorial Award

On February 23rd, the NCUF will award four industry champions with the Herb Wegner Memorial Award. Alycia Meyers reports on this year’s winners and the long list of achievements that earned them this lifetime award.

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
Senators Concerned CDFI Fund May Be Circumventing Regulatory Process

Senators Concerned CDFI Fund May Be Circumventing Regulatory Process

The leaders of the Senate Community Development Finance Caucus are questioning whether CDFI Fund officials are short-circuiting the regulatory process as they consider major changes to the program, reports David Baumann of CUCollaborate.

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
Rating Examiners for a Stronger Cooperative System

Rating Examiners for a Stronger Cooperative System

While private businesses have incorporated user reviews to improve satisfaction, but few such examples exist between governor and governed. Chip Filson argues why credit unions needs a way to review examiners to improve the system.

Read more
NCUA: Deposit, Assets, and Loans Grew in Year Ending Q3

NCUA: Deposit, Assets, and Loans Grew in Year Ending Q3

David Baumann of CUCollaborate examines the various areas of growth credit unions experienced in the third quarter of 2022, per the NCUA’s report.

Read more