As 2021 kicks off, credit unions can expect uncertainty in keys areas.
The National Credit Union Administration is likely to face a period of transition. Kyle Hauptman recently joined the board and President-elect Joe Biden is expected to make Todd Harper the chairman shorlty after his inauguration. All of that could mean a change in dynamics for the regulator.
Other important aspects of the credit union industry, including branches, acquisitions of banks and cybersecurity, could also possibly make news this year.
Read on for key issues to keep an eye on in 2021.