THE news

ALEXANDRIA, Va.–Three people representing CU trade groups testified during the NCUA Budget Briefing here, with all providing recommendations for additional changes by the agency, and one person asking the two NCUA board members to ask themselves three questions.

MADISON, Wis. — Membership in credit unions around the world has now surpassed more than 260 million people globally. The announcement comes as credit unions prepare to celebrate International Credit Union Day on Thursday.

WASHINGTON—A number of federal departments and agencies, including NCUA, have issued a statement to address instances in which certain banks and credit unions may decide to enter into collaborative arrangements to share resources to manage their Bank Secrecy Act (BSA) and anti-money laundering (AML) obligations more efficiently and effectively.