CUSO Magazine

CUSO Magazine

CUSO Magazine provides important and timely updates along with valuable insights for the credit union sector. It starts as a digital platform and has the potential for future expansion.

Trade/B2B
English
Online/Digital

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#5553048

United States

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Articles

  • 1 day ago | cusomag.com | Emily Claus

    As we wade further into Financial Literacy Month, I want us to shift direction for a moment and look away from the “what” and “why” of the month to the “when” and “where.” In many articles over the years, we have covered the importance of financial education and what areas credit unions should focus on—where their members and community are struggling and how they can meet those needs through financial literacy and financial wellness support.

  • 3 days ago | cusomag.com | Emily Claus

    Following the unexpected firings of NCUA Board Members Todd Harper and Tanya Otsuka last week by President Trump, the NCUA has released its first official statement on the issue, clarifying that it considers one board member to qualify as a quorum. Under the Federal Credit Union Act, the NCUA cannot conduct business without the majority of the board to form a quorum.

  • 1 week ago | cusomag.com | Emily Claus

    Late Tuesday evening, President Trump fired two of the three NCUA board members—Democrats Todd Harper and Tanya Otsuka—years before their terms were set to expire, leaving Board Chair, Republican Kyle Hauptman, the sole remaining board member. Harper has served on the NCUA board for the last six years, originally appointed by President Trump in 2019 before being appointed as Board Chair by President Biden in 2021 and being reconfirmed for his second term in 2022.

  • 1 week ago | cusomag.com | Emily Claus

    On April 10th, the House passed a resolution to nullify the Consumer Financial Protection Bureau’s (CFPB) Overdraft Rule in a vote of 217-211. This decision comes just a few weeks after the Senate also passed the resolution, meaning that the nullification of the overdraft rule will be final upon the President’s approval and signature, which he is expected by all parties to give in the coming weeks.

  • 3 weeks ago | cusomag.com | Emily Claus

    While for many (myself included), it felt as though winter would never end, we have come through the other side and made it to April, and hopefully, by now, you all know what that means.

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