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WASHINGTON–Hold on just a moment—credit unions may not be as safe from the CFPB’s broad, proposed new rulemaking over short-term, small-dollar loans as had been initially hoped when the proposal was released.

FREMONT, Mich. –Brenda Bice, at left, corporate branch manager for Gerber Federal Credit Union, awarded credit union member Barbara Burns, at right, with a $100 Visa Gift Card following a quarterly drawing of survey participants.

Credit union leaders have a lot on their plate, from growing membership to streamlining operations and increasing profitability, while navigating an evolving marketplace made more complex by factors such as increased regulatory scrutiny, the digitization of lending services, and the need to resonate with millennials.

Denali Federal Credit Union

Denali FCU explains difference between itself and banks.

MINNEAPOLIS, Minn.–The $1.3-billion Workers’ Credit Union is partnering with MEMBERS Development Company, a CUSO that facilitates collaboration through shared R&D and cost savings among some of the nation’s largest credit unions.

GRAND RAPIDS, Mich.–Credit unions that are clients of CU*Answers can now offer a new “step-down” type of line-of-credit loan that combines the benefits of a long-term open credit loan with the flexibility of a revolving line-of-credit, according to the CUSO.

DUBLIN, Ireland–Ireland’s government said it is committed to examining how the multi-billion euro deposits held by the Irish League of Credit Unions could assist in the delivery of social housing.

First Citizens FCU

First Citizens FCU promotes its debit card rewards. 

SOUTH BEND, Ind.–As Teachers Credit Union (TCU) continues to expand in central Indiana,  opening of three newest branches in Greenwood, Noblesville and Westfield.