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National Coalition of Firefighters Credit Unions Membership

Michael Tobler
Chairman
CEO Albany Fireman's FCU

OUR INVITATION TO YOU

Join the Movement

Join NCOFCU Now
 
Our Mission
To educate, create and maintain a climate of safety, soundness, innovation and unity among firefighter credit unions in order to promote and enhance the initiatives of the credit union movement. --Join NOW --Membership

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Cutting Through The Stablecoin Noise—What Credit Unions Actually Need To Know Now

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Senate Banking To Vote Thursday On Landmark Digital Assets Bill

“NCOFCU appreciates the Senate Banking Committee’s continued work during next week’s markup hearing to establish a clear and responsible regulatory framework for digital assets,” said the National Council of Fire Fighter Credit Unions (NCOFCU) leadership. “As lawmakers consider this legislation, it is essential that first responder credit unions are recognized as a vital part of the financial services ecosystem and are not overlooked in the evolving digital asset landscape. Credit unions serving police, fire, EMS, and other emergency personnel must have equitable access to innovation, regulatory clarity, and the tools necessary to continue supporting the financial readiness and resilience of America’s first responders.” Grant Sheehan CEO WASHINGTON—The Senate Banking Committee will vote on the long-awaited CLARITY Act this Thursday, Committee Chairman Tim Scott (R-SC) announced Friday. Tim Scott The announcement marks a potentially major step forward for legislation that would establis...
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The First Social Network

Credit Unions: The Original Social Network Long before likes, follows, shares, and friend requests, people built networks another way: They showed up for each other. That’s essentially how credit unions began. Not as financial corporations, but as human networks built on trust, shared experiences, and mutual support. In many ways, credit unions were the first true social networks. Before Technology Connected People, Communities Did Today’s social platforms promise connection. They help people share ideas, ask questions, organize communities, and support causes. But more than a century ago, credit unions were already doing something remarkably similar — only in person and with real financial stakes involved. Teachers gathered with teachers. Factory workers organized with coworkers. Church members helped fellow congregants. Military personnel supported military families. Firefighters stood beside fellow first responders. Police officers supported the communities and d...
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Meeting Portals - Why Choose MyBoardPacket.com

MyBoardPacket is known as the simplest, most secure, and affordable online board packet solution. A low monthly fee, with no setup fee, no annual contracts, free customer support and unlimited users! We use MyBoardPacket.com here at NCOFCU, and we love it! Exclusive discount of 25% for NCOFCU Members! Additional discounts are granted for small asset size credit unions! Why choose MyBoardPacket over other meeting portals? The Facts: MyBoardPacket was the first secure board portal on the market, starting in 2001. So easy to use that no training is required! However, for your peace of mind, you have unlimited support and training with your very own Trainer, which any Admin can schedule whenever needed. Unlimited users , committees, and meetings from anywhere! On MyBoardPacket everyone is on the same page . Month-to-month subscription – our customers are with MyBoardPacket because they love it, not because they are locked into a lengthy contract! MyBoar...
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Just Out! - NCUA Stablecoin Plan Opens Door To Credit Union-Backed Digital Dollar Issuers

ALEXANDRIA, Va.—A sweeping new NCUA proposal to implement the GENIUS Act could open the door for credit union-backed stablecoin issuance, but only through separately licensed subsidiaries operating under an extensive new federal regulatory framework that limits risks to the Share Insurance Fund. The 269-page supplemental proposed rule issued Friday lays out how “permitted payment stablecoin issuers” affiliated with federally insured credit unions would be supervised, examined and regulated by the NCUA, while also establishing rules covering reserves, liquidity, custody, operational risk, cybersecurity, anti-money laundering compliance and disclosure standards. The proposal supplements an earlier February 2026 proposal by the agency focused primarily on licensing and investments in stablecoin issuers. Federally insured credit unions themselves would still be prohibited from directly issuing payment stablecoins under the GENIUS Act. Instead, issuance would have to occur through a separa...
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Visa, Mastercard Revisions Will Cost Merchants more Than $475 Million Annually, Economist Says

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The Most Overlooked Growth Opportunity in First Responder Credit Unions

Credit unions spend enormous amounts of time, energy, and marketing dollars trying to acquire new members. But many institutions — especially sponsor-based first responder credit unions — are sitting on one of the most valuable growth opportunities already inside their existing membership base. The joint owner population. Every day, firefighters, police officers, EMTs, dispatchers, and other first responders join credit unions through sponsor relationships. During account opening, spouses or partners are often added as joint owners for convenience. They help manage the household finances. They use the debit card. They log into online banking. They interact with the credit union regularly. Yet in many cases, they never actually become full member-owners of the cooperative. They are connected to the institution — but not fully part of it. And that creates a major strategic opportunity. Why Joint Owner Conversion Matters For sponsor-based credit unions, converting joint owners into full m...
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'Victory is Elusive': CU Economist Agrees Fed Rate Cuts Questionable Following New CPI Report

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