Also: Long shares savings insights on CNBC; Updates from the Hill, CFPB’s efforts on ‘zombie debt,’ more
NAFCU Today

April 28, 2023

NAFCU backs reintroduced bipartisan marijuana banking bills

The Secure and Fair Enforcement (SAFE) Banking Act, which would provide greater clarity and legal certainty at the federal level for financial institutions to provide services to marijuana-related businesses (MRBs) in states that have legalized marijuana, was introduced by a bipartisan group of lawmakers in both the House and Senate.

NAFCU Chief Economist on CNBC: Savings have eroded

NAFCU Chief Economist and Vice President of Research Curt Long appeared on CNBC to discuss how Americans’ personal savings have been impacted by recent economic turmoil.

5 things to know this week

NAFCU's widely read NAFCU Today is credit union leaders' go-to source for the latest on issues impacting the credit union industry. For those short on time, here's a roundup of this week's top need-to-know updates and resources.


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.


Latest Compliance Monitor discusses share insurance, recent reg update

The newest edition of NAFCU's Compliance Monitor – a member-only, digital compliance resource – features an in-depth discussion of NCUA’s share insurance regulations and recent developments from federal financial regulators.

‘Modest’ Q1 GDP signals more to be done to fight inflation

The Commerce Department’s advanced estimate showed the U.S. economy experienced decelerated growth of 1.1 percent in the first quarter. NAFCU Chief Economist and Vice President of Research Curt Long described the growth as “modest,” but said “the underlying signals were strong.”

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  NAFCU CALENDAR
MAY
2
Building Sound Hedging Strategies: Fundamentals and Best Practices to Manage Volatility
Complimentary Webinar
MAY
11
BSA Training for the Board of Directors
Webinar
MAY
17 - 19
CEOs and Senior Executives Conference
Charleston, SC
MAY
30
CFPB - Data Brokers
Comments Due to NAFCU

NAFCU’s Regulatory Compliance School On-Demand kicks off with topics like: 

  • FCU Act, the Legislative Process, NCUA and CFPB 
  • FCU Governance 
  • FCU Powers & Limitations / FOM 
  • NCUA Supervision & Examinations
  • NCUA Lending Regulations
  • Share Insurance  

Plus, earn your NAFCU Certified Compliance Officer (NCCO) when you pass the optional exams! Hurry – sessions open soon!  

 

View the agenda to see the full lineup. 

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