The NCUA has spoken: Direct issuance is out; CUSOs are in. As "SaveBots" begin moving billions in deposits, we analyze the new regulatory blueprint and the "Parent, Partner, or Pipe" choice facing every Board.
A proposed 10% interest rate cap represents a singular, exogenous shock to the credit union system. Our analysis of 80 portfolios reveals a $163 million "profitability gap" that threatens to dismantle rewards programs and force the redlining of near-prime members.
The NCUA recently announced a significant shift in its supervisory framework: it will cease using "reputation risk" as
The concept of "open banking"—giving members control over their own financial data—is rapidly moving from regulatory
