Berger
letter to lawmakers pushes back against community bankers
In response
to a letter from the Independent Community Bankers of America and persistent attacks
by bankers, NAFCU President and CEO Dan Berger wrote to lawmakers in the House
and Senate to set the record straight on credit union-bank mergers. Berger, sent
the letter to members of the Senate Banking and House Financial Services Committees,
the House and Senate Committees on Ways and Means, and the Senate Committee on Finance.
This
Week: NAFCU to monitor hearings, Iowa caucuses; NCUA to hold closed board meeting
NAFCU will be monitoring a number of hearings as its award-winning advocacy team
will again be on Capitol Hill to share issues credit unions would like addressed
this year with key lawmakers. Regular business in the Senate remains halted as
a result of the ongoing impeachment trial.
Top
5 January Compliance Blog posts: IRS clarification, CTR refresher, BSA info sharing, and more
NAFCU’s award-winning compliance team works around the clock to stay up to date
on the most pressing issues facing members. They field a number of questions from
members each and every week to provide credit unions with updates on issues they
face. The team has published a number of blog posts throughout the month; here are the top five.
Last Week
to Save $300 on NAFCU Online Training Subscriptions
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NCUA
bans 7 from future work in FIs
The NCUA in January issued six prohibition
notices and one prohibition order, which bar individuals previously associated
with credit unions from any future participation in the affairs of a federally insured financial institution.