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CU System

Global credit union membership surpasses 400 million

World Council of Credit Unions’ 2022 Statistical Report shows the global credit union movement soared past another milestone last year as worldwide membership topped 400 million. As of December 31, 2022, there were 403,976,049 credit union members.


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CU System

Merger approved: Historic vote sets up transformation to America’s Credit Unions

The new organization is set to legally launch Jan. 1, 2024.


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CU System

Merger voting period closed

The voting period for the proposed merger of CUNA and NAFCU closed Wednesday at 5 p.m. ET. Members and industry stakeholders will be notified of the results via email once ballot tallies are finalized by each organization’s independent ballot provider.
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CU System

NCUA Chairman Harper emphasizes allyship to achieve DEI goals

NCUA Chairman Todd M. Harper emphasized the power of allyship to achieve diversity, equity, and inclusion goals during his remarks Wednesday at NCUA’s 2023 Diversity, Equity, and Inclusion Summit in Washington, D.C.


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CU System

CrossState Credit Union Foundation hosts financial reality fair for individuals reentering society

The CrossState Credit Union Foundation, working in conjunction with the Pennsylvania Department of Corrections and the Pennsylvania Department Banking & Securities held a Financial Reality Fair, assisting over 70 individuals reentering society in developing a strong financial foundation.
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CU System

Diamond Award categories increase to 37 in 30th anniversary year

CUNA Marketing & Business Development Council’s 30th annual Diamond Awards will feature three new categories this year, bringing the number of awards to will be presented during the CUNA Marketing & Business Development Council Conference, to 37. 
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CU System

AACUL announces new Executive Board

The American Association of Credit Union Leagues elected its next Executive Board. Terms officially begin on Dec. 7, following the 2023 AACUL Annual Meeting, with officer positions will be determined at that time.
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CU System

Maine Credit Union League launches fundraiser in wake of mass shooting

The Maine Credit Union League has created a fundraiser to support first responders and the community following a shooting that left 18 people dead in Lewiston, Maine, directing funds to the Lewiston Auburn Metropolitan Chamber of Commerce’s 501(c)(3) Foundation.
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CU System

Harper touches on overdraft in prepared remarks at REACH

NCUA Board Chair Todd Harper touched on overdraft and non-sufficient funds (NSF) products during his speech at the California and Nevada Credit Union Leagues’ REACH 2023 conference, and CUNA and Leagues continue to address concerns within state and federal political spheres.
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CU System

CUNA study: Percentage of women CEOs significantly higher at credit unions

CUNA's latest issue brief report reveals that the percentage of women in CEO positions is significantly higher at credit unions than banks, investigating the extent to which women are represented in leadership positions at credit unions compared to commercial banks.
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Credit Union Magazine: Winter 2023

Winter 2023

The Winter 2023 issue of Credit Union Magazine explores award-winning marketing, board training on a budget, developments in instant payments, service to small businesses, and NCUA’s final rule on member expulsion.
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  • CFPB continues to avoid following mandated rulemaking process

  • CUNA, NAFCU applaud CDFI Fund for adopting credit union-sought changes to certification application

  • CFPB fines Atlantic Union Bank $6.2M for overdraft practices

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