News

CHICAGO - State regulators and credit union representatives attending the NASCUS Annual Conference got some sobering news from a Bank Secrecy Act legal expert. "FinCEN is going to make an example out of a credit union to wake the credit union industry up to the importance of being BSA compliant,"...

CHICAGO - John Bley, CEO of IntegraAdvisors LLC, continues to be impressed with credit unions and the way they deliver services to their members. "But for the (credit union) industry to continue that kind of vibrancy requires a mutual relationship with innovative regulators," the state of Washington's past Director of...

CHICAGO - Having worked as the president of a credit union and served as the chairman of NCUA, Dennis Dollar has seen the number of credit unions steadily decline. Now as the principal partner of credit union consulting firm Dollar Associates LLC, he offered his observations of this trend to...

CHICAGO - Australian credit unions have had to pay taxes since the early 1990s and since then have seen a marked decline in their numbers as well as a move away from the culture of the movement they once embraced and helped them thrive. As credit unions in the U.S....

CHICAGO - It doesn't take much these days to get credit unions stirred up when the subject of conversions of credit unions to non-credit union charters comes up, and attendees at NASCUS Annual Conference & Symposium got to hear - and share some of their own opinions - from some...

COLUMBIA, S.C. - As the original user-name-and-password method of logging on relentlessly gives way to two-factor authentication and more, it may take with it one of the most-hyped and under-adopted services of the electronic banking revolution: account aggregation. That's the view of some industry observers and participants, including Forrester Research...