Also: Proposed rule related to charitable donations on NCUA agenda; NAFCU raises more concerns on CFPB’s ‘junk fees’ efforts
May 19, 2023
NAFCU meets with Treasury ([link removed] )
Thursday, NAFCU Vice President of Regulatory Affairs Ann Petros and Senior Counsel for Research and Policy Andrew Morris met with Treasury Deputy Assistant Secretary for Financial Institutions Felton Booker and the agency’s financial institution policy team. During the meeting, the group discussed a variety of important credit union issues.
NCUA Board set to propose rule related to charitable donations ([link removed] )
The NCUA Board meets next week and is expected to issue a proposed rule related to charitable donation accounts. While details of what the proposed rule would modify won’t be available until the meeting, in November, NAFCU and other organizations called on the NCUA to amend the definition of “qualified charity” in part 721.3 of the agency’s regulations to include 501(c)(19) veterans’ organizations.
NAFCU continues to raise concerns about CFPB’s efforts against ‘junk fees’ ([link removed] )
NAFCU joined other financial services trades in a letter to the White House’s Office of Information and Regulatory Affairs (OIRA) in response to the CFPB’s request for approval under the Paperwork Reduction Act (PRA) of a proposed information collection, “Junk Fees Timing Study,” raising concerns about the bureau forgoing appropriate processes.
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] )
5 things to know this week ([link removed] )
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.
Existing home sales fall for 2nd straight month ([link removed] )
Existing home sales fell 3.4 percent in April to a seasonally adjusted annual rate of 4.28 million units. This represents a 23.2 percent decrease in sales versus a year ago. NAFCU’s Chief Economist and Vice President of Research Curt Long breaks down the report in a new NAFCU Macro Data Flash report.
NAFCU-167x300-Driving-Efficiency-GVA-paper ([link removed] )
NAFCU CALENDAR ([link removed] )
MAY 1 -
SEPT 30
Regulatory Compliance School On-Demand ([link removed] )
An On-Demand Event
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
23
Maintain Your Edge by Helping Members Feel More Financially Supported ([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
Just released! 2023 Credit Union Compliance Roadmap
The 2023 Credit Union Compliance Roadmap ([link removed] ) is a best-selling electronic manual that translates complex regulatory language into easy-to-understand terms and has just been updated with many important updates for 2023. One purchase allows you to share the manual with your entire CU.
Download the 2023 Edition ([link removed] ) | Try a Sneak Peek ([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
You received this message because you are subscribed to NAFCU emails.
Update your email preferences ([link removed] ) to choose the types of emails you receive.
Received this message from a colleague? Provide your contact information to start receiving our emails ([link removed] ) .
Unsubscribe from all future emails ([link removed] ) .
