NAFCU reiterates need for proper oversight of digital assets

The House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion holds a hearing today to discuss stablecoins, including draft legislation that could be used to regulate stablecoins. Ahead of the hearing, NAFCU Vice President of Legislative Affairs Brad Thaler sent a letter to subcommittee leaders reiterating the need for clear regulations and supervisory framework – without which “poses risks to the adoption of these otherwise promising technologies.”

Berger, in open letter to Harper, calls for NCUA to raise interest rate ceiling

As the NCUA Board is set to receive a briefing on federal credit unions’ (FCUs) permissible interest rate ceiling during tomorrow’s meeting, NAFCU President and CEO Dan Berger wrote an open letter to Chairman Todd Harper in American Banker detailing the consequences of the current cap.

NCUA OMWI report to Congress available now

The NCUA’s Office of Minority and Women Inclusion (OMWI) released its annual report to Congress on diversity, equity, and inclusion (DEI) programs and initiatives by the agency. The report also details the NCUA’s work to accomplish “fair and inclusive business practices,” both by itself and credit unions.

Bluegrass, Barns, Bourbon, and BSA School! Louisville, KY August 15 – 17, 2023

Hear from experts on CIP, CDD, CTRs, SARs, and more!

Get the latest tips and information on BSA's anti-money laundering requirements and the regulations credit unions must comply with at NAFCU’s BSA School in the heart of the Kentucky Bluegrass this summer. View the full lineup of agenda topics. Hurry – all NAFCU conferences are selling out at a record pace this year!

NAFCU releases agenda for Annual Conference: Engage 2023

NAFCU recently released a detailed agenda for its Annual Conference: Engage 2023. The conference, happening June 27-30 in Long Beach, Calif., is the credit union industry’s premier conference for engaging with thought leaders and experts on credit union growth, AI, payments, workforce, and more.