Also: NAFCU calls on Treasury to reconsider ECIP information collection proposal
May 9, 2023
Fed SLOOS: Lending standards expected to continue tightening through 2023 ([link removed] )
The Federal Reserve’s April senior loan officer opinion survey (SLOOS) on bank lending practices examined changes in the standards and terms on demand for bank loans to businesses and households during the first quarter of 2023. According to the survey, demand for loans weakened across the board with banks reporting tightening standards.
NAFCU calls on Treasury to reconsider ECIP information collection proposal ([link removed] )
NAFCU Senior Counsel for Research and Policy Andrew Morris wrote to the Treasury Department to share NAFCU’s concerns with an information collection proposal for Emergency Capital Investment Program (ECIP) participants, which requests that ECIP participants report demographic information for all loans so the Treasury can measure qualified lending activity.
New #NAFCUNation video encourages CUs to showcase the strength of the industry ([link removed] )
NAFCU Tuesday released a new video to highlight the association’s digital and social media campaign: #NAFCUNation - which elevates the credit union industry and touts its efforts to serve millions of Americans and support local communities.
Increase Your Lending Success!
Don't Miss NAFCU's Lending Conference ([link removed] )
Join us in bustling New Orleans, LA on November 7 – 9, 2023. REGISTER TODAY. ([link removed] )
- Discover lending’s latest trends, best practices, strategies and tactics
- NEW! Explore commercial lending strategies and best practices in special breakout sessions
- The Big Easy has received accolades on travel lists ([link removed] )
Save $200.00 with code LEND23SAVINGS for a limited time
LEARN MORE ([link removed] )
Survey deadline tomorrow: Financial literacy and education ([link removed] )
Credit unions are encouraged to share insights and perspectives on financial literacy and education in this month's Economic & CU Monitor survey. Responses to the survey are due tomorrow; the survey can be filled out online.
Consumer credit spikes in March ([link removed] )
Total consumer credit grew 6.6 percent at a seasonally adjusted, annualized rate in March and is up 7.3 percent compared to a year ago. Revolving credit – primarily credit cards – rose 17.3 percent and is up 14.1 percent compared to March 2022. Non-revolving credit – primarily auto loans and education loans – rose three percent during the month and is up 5.1 percent from a year ago.
2023 NT Skyscraper-1 ([link removed] )
Elevate your credit union’s story.
Share it with #NAFCUNation
([link removed] ) NAFCU NATION ([link removed] )
NAFCU CALENDAR ([link removed] )
MAY 1 -
SEPT 30
Regulatory Compliance School On-Demand ([link removed] )
An On-Demand Event
MAY
9
The ABCs of Commercial Lending ([link removed] )
Webinar
MAY
11
BSA Training for the Board of Directors ([link removed] )
Webinar
MAY
17 - 19
CEOs and Senior Executives Conference ([link removed] )
Charleston, SC
MAY
23
Explore Benefits and Instant Payments Use Cases for Your Credit Union ([link removed] )
Complimentary Webinar
MAY
25
Regulation E Compliance and Unauthorized Activity ([link removed] )
Webinar
MAY
30
CFPB - Data Brokers ([link removed] )
Comments Due to NAFCU
JUNE
6
Avoiding and Resolving Harassment Claims: A Primer for Board Members ([link removed] )
Webinar
JUNE
27 - 30
Engage 2023: NAFCU's Annual Conference ([link removed] )
Long Beach, CA
Don’t Miss NAFCU’s Congressional Caucus! ([link removed] )
SEPTEMBER 10 - 13, 2023 | WASHINGTON, D.C.
Advocate for your members on Capitol Hill. Tell lawmakers your story and have an impact in developing key credit union legislation and regulation.
Save $200.00 with code CAUCUSAVINGS for a limited time.
Learn More ([link removed] ) .
JOIN THE CONVERSATION:
LinkedIn ([link removed] )
Facebook ([link removed] )
Twitter ([link removed] )
YouTube ([link removed] )
Website ([link removed] )
NAFCU. 3138 10th St N Arlington, Virginia 22201
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