NAFCU recommends ways to strengthen credit card market

NAFCU Regulatory Affairs Counsel James Akin sent a letter to the CFPB Monday outlining ways to strengthen the consumer credit card market, including more regulatory clarity related to disclosures and fewer rules that jeopardize credit unions’ ability to offer affordable credit card products to underserved communities and special populations.

Register now: NCUA webinar on Simplified CECL Tool

The NCUA will host a free webinar to explain and demonstrate the agency’s tool to help small credit unions implement the current expected credit losses (CECL) accounting standard – the Simplified CECL Tool. The webinar is scheduled for May 3 at 12:30 p.m. Eastern.

Earn your NAFCU Certified Credit Union Officer (NCCO) from your home or office!

Sign up for Regulatory Compliance School On-Demand and earn your NCCO when you pass the optional exams. Sessions, led by CU industry experts, go in-depth on the regulations and obligations that CUs must comply with. School begins in mid-May and will be available until December 1, 2023. View the full lineup of agenda topics.