Also: New Reg Alert details joint agency proposal on AVMs; NAFCU, trades flag consequences of interchange bill
NAFCU Today

June 12, 2023

This week: NAFCU advocacy ready as Congress tackles NDAA, oversight of CFPB

The House and Senate are in session this week with key oversight hearings for the CFPB and work beginning on 2024 appropriations bills, including the National Defense Authorization Act (NDAA). NAFCU’s advocacy team will be active on Capitol Hill to ensure credit union priorities are heard.

Reg Alert details joint agency proposal for AVMs

NAFCU Friday sent members a Regulatory Alert, detailing a joint agency proposal to implement quality control standards from the Dodd-Frank Act for automated valuation models (AVMs). Of note, the NCUA is among the agencies issuing the proposal. 

NAFCU, trades flag consequences of interchange legislation

NAFCU joined with several other financial services trade organizations to warn congressional leaders about the detrimental impacts legislation to expand interchange price controls would have on consumers, credit unions, and other financial institutions.


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Attend NAFCU’s Lending Conference this November to connect with and learn from your credit union peers who’ve built prosperous lending portfolios. New Orleans has received accolades on travel lists, such as: 

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  NAFCU CALENDAR
MAY 1 -
SEPT 30
Regulatory Compliance School On-Demand
An On-Demand Event
JUNE
12
NCUA - Climate-Related Financial Risk
Comments Due to NAFCU
JUNE
14
Collateral Protection Insurance – Adapting to Changing Market Dynamics
Complimentary Webinar
JUNE
27 - 30
Engage 2023: NAFCU's Annual Conference
Long Beach, CA
JULY
1
Federal Reserve - Debit Card Interchange Fees and Routing
Compliance Deadline

Important Updates! 2023 Credit Union Compliance Roadmap 

 

The 2023 Credit Union Compliance Roadmap is a best-selling electronic manual that translates complex regulatory language into easy-to-understand terms and has been updated with many updates for 2023. One purchase allows you to share the manual with your entire CU. See the TOC and read a portion of Reg CC for free!

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