NCUA to Test Provisional Charter to Solve ‘Chicken-or-Egg’ Dilemma

NCUA to Test Provisional Charter to Solve ‘Chicken-or-Egg’ Dilemma

David Baumann of CUCollaborate reports that the NCUA will be able to start a pilot program by September designed to make it easier for organizers to start a credit union, officials from the agency’s Office of Credit Union Resources and Expansion told the agency board Thursday.

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Credit Union Organizers Want North Minneapolitans to ‘Feel at Home’

Credit Union Organizers Want North Minneapolitans to ‘Feel at Home’

George Floyd murder was galvanizing moment in effort to establish Black-led state-chartered, federally insured credit union reports David Baumann of CUCollaborate.

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Are App Platforms the Future of Financial Services?

Are App Platforms the Future of Financial Services?

Chip Filson debates the self-service trend sweeping the financial industry and whether or not FinTech apps will take the place of brick and mortar in the future.

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NCUA Charters Fourth New Credit Union This Year

NCUA Charters Fourth New Credit Union This Year

The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to Unity of Eatonville Federal Credit Union in Eatonville, Florida, reports David Baumann of the Washington Credit Union Daily .

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Hauptman: NCUA Must Make It Easier to Form a Credit Union

Hauptman: NCUA Must Make It Easier to Form a Credit Union

NCUA board Vice Chairman Kyle Hauptman believes that the NCUA must make it easier for groups to form new credit unions and should stop encouraging small, struggling credit unions to merge, reports David Baumann of the Washington CU Daily.

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House Panel Approves Bill to Require Regulators to Focus on Charter Simplification

House Panel Approves Bill to Require Regulators to Focus on Charter Simplification

The House Financial Services Committee approved H.R. 4590, which would require federal financial regulators to develop a strategic plan to encourage the chartering of new credit unions and banks, reports David Baumann of the Washington Credit Union Daily.

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Students: Enrolling the Next Generation of Members

Students: Enrolling the Next Generation of Members

With credit union numbers dwindling and de novo efforts few and far between, Chip Filson looks at one area of the country where new ground might be made again: schools.

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How to Manage a Black Swan Event

How to Manage a Black Swan Event

I have never heard the expression of a “black swan event” before this year, so of course I had to Google the meaning. A Black Swan Event refers to a highly improbable occurrence with three characteristics: It is impossible to predict, It carries a massive impact, and Its shock value...

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NCUA Charters Its First New Federal Credit Union This Year

NCUA Charters Its First New Federal Credit Union This Year

David Baumann of the Washington CU Daily reports on the first federal charter granted in 2020.

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The Greatest Generation: What They Did for Credit Unions

The Greatest Generation: What They Did for Credit Unions

As we celebrate the 75th anniversary of VE-Day, Chip Filson reflects on other contributions made by the Greatest Generation that helped shape the future of America.

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