NAFCU has announced the results of its 2023 Board of Directors election. Incumbent board member Karen Harbin, president and CEO of Commonwealth Credit Union (Frankfort, Ky.), and new board member Whitney Anderson, president and CEO of Elements Financial Federal Credit Union (Indianapolis, Ind.), will both serve as At-Large directors for a three-year term.
NAFCU Vice President of Legislative Affairs Brad Thaler wrote to the Senate Banking Committee ahead of its hearing to examine marijuana banking. In the letter, Thaler expressed support for 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 products and services to marijuana-related businesses (MRBs) in states that have legalized marijuana.
On the latest episode of NAFCU’s Credit Union Policy Podcast (CUPP), host and NAFCU Vice President of Regulatory Affairs Ann Petros talks with NAFCU President and CEO Dan Berger about the industry’s top advocacy issues and trends.
On a seasonally-adjusted basis, overall consumer prices rose 0.4 percent in April, with the overall consumer price index (CPI) rising 5 percent year-over-year. NAFCU Economist Noah Yosif analyzed the data in a new Macro Data Flash report.
As credit unions work to meet the needs of more than 135 million Americans, NAFCU's award-winning regulatory compliance team continues to keep credit unions informed with new posts on the Compliance Blog every Monday and Wednesday.
NAFCU members: new this year, you can receive a complimentary PDF copy of our Credit Union Director Handbook, that breaks down complex CU topics into easy-to-read language for new – and seasoned! – CU board members and volunteers. Share a copy with everyone on your board. Printed copies are also available.