NAFCU expresses concerns with SBA rules to House Small Biz Committee

NAFCU Vice President of Legislative Affairs Brad Thaler wrote to the House Small Business Committee Tuesday ahead of its hearing to examine the Small Business Administration’s (SBA) 7(a) lending program.

NAFCU-backed legislation expanding Congressional CDFI Fund oversight introduced

Representatives John Rose, R-Tenn., and Brittany Pettersen, D-Colo., Tuesday introduced legislation to amend the Riegle Community Development and Regulatory Improvement Act to require the Treasury Secretary or their designee to testify about Community Development Financial Institutions (CDFI) Fund before both the House Financial Services Committee and the Senate Banking Committee annually. NAFCU Vice President of Legislative Affairs Brad Thaler wrote to Rose and Pattersen to express support for the legislation, citing it will “help enable Congress to ensure the Fund is carrying out its intended mission to help low-income and underserved communities.”

NAFCU Reg Committee highlights proposals from CFPB, NCUA

NAFCU’s Regulatory Committee met Tuesday to discuss the latest issues and proposed rules open for comment, including the NCUA’s request for information (RFI) on climate-related financial risk. 

Increase Your Lending Success! 

Don't Miss NAFCU's Lending Conference

Join us in bustling New Orleans, LA on November 7 – 9, 2023. REGISTER TODAY. 

• 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

Save $200.00 with code LEND23SAVINGS for a limited time 

Reminder: NAFCU Board ballots due today

Today at 5:00 p.m. Eastern is the deadline to return ballots for NAFCU’s 2023 board elections, which were sent to members via email April 26.