Also: CFPB releases small entity compliance guide for small biz lending rule; Thaler reiterates CU stability ahead of hearing
May 16, 2023
NAFCU sets record straight on CU tax exemption ([link removed] )
NAFCU Senior Vice President of Government Affairs Greg Mesack Monday wrote to Congress to set the record straight on the credit union tax exemption, noting that it allows credit unions “to reach out in areas banks couldn’t and serve those that banks wouldn’t.” Additionally, the association crafted a one-pager detailing how credit unions use their tax-exempt status to serve their members and communities.
CFPB issues small entity compliance guide for small biz lending rule ([link removed] )
The CFPB has released a compliance guide for small entities as they implement the bureau’s small business lending rule.
NAFCU reiterates stability of CU industry to lawmakers ([link removed] )
The House Financial Services Committee holds an oversight hearing today with federal financial regulators, including NCUA Chairman Todd Harper. Ahead of the hearing, NAFCU Vice President of Legislative Affairs Brad Thaler reiterated that “[t]he credit union system remains safe, strong and reliable. Credit unions stand ready to meet the financial services needs of the American consumer.”
NAFCU Members: Deadline extended for 2023 NAFCU Annuals! ([link removed] )
Hurry – Nominations have been extended to Friday, May 19, 2023. Winners will be selected from two asset size ranges: CUs with up to $500M in assets and those above. There are four nomination categories: CEO of the Year ([link removed] ) , Professional of the Year ([link removed] ) , Volunteer of the Year ([link removed] ) , and Credit Union of the Year ([link removed] ) .
Submit your nominations (there's no limit!) ([link removed] )
Apply by May 31 to participate in FHFA TechSprint ([link removed] )
The Federal Housing Finance Agency (FHFA) recently announced that credit unions can still apply to participate in the agency’s Velocity TechSprint, happening July 10-13 in Washington, D.C. The application deadline is May 31.
FHFA seeks input on single-family pricing framework ([link removed] )
The Federal Housing Finance Agency (FHFA) Monday issued a request for information (RFI) on the government-sponsored enterprises’ (GSEs) single-family pricing framework. NAFCU has continuously advocated for lower guarantee fees for credit unions selling loans to Fannie Mae and Freddie Mac.
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Regulatory Compliance School On-Demand ([link removed] )
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CEOs and Senior Executives Conference ([link removed] )
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MAY
23
Explore Benefits and Instant Payments Use Cases for Your Credit Union ([link removed] )
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23
Maintain Your Edge by Helping Members Feel More Financially Supported ([link removed] )
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25
Regulation E Compliance and Unauthorized Activity ([link removed] )
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CFPB - Data Brokers ([link removed] )
Comments Due to NAFCU
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Avoiding and Resolving Harassment Claims: A Primer for Board Members ([link removed] )
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27 - 30
Engage 2023: NAFCU's Annual Conference ([link removed] )
Long Beach, CA
Louisville, KY or On-Demand! NAFCU’s BSA School ([link removed] )
SARs ([link removed] ) , CTRs ([link removed] ) , CIPs ([link removed] ) , CDDs ([link removed] ) , and more at NAFCU’s BSA School ([link removed] ) August 15 – 17, 2023 or On-Demand. Get the newest information on BSA's anti-money laundering requirements and save $200.00 with the code BSASAVINGS when you sign up.
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