NAFCU’s award-winning advocacy team is active in Washington this week as both the House and Senate are in session and the NCUA Board holds its June meeting. In Congress, the association is monitoring markups of the National Defense Authorization Act (NDAA), as well as the Federal Reserve’s semiannual report to Congress.
NAFCU’s latest CU Industry Trends report showed the industry net worth ratio is up nearly 50 basis points from a year ago, and while delinquencies remain low, loan loss reserves surged in the first quarter as the current expected credit loss (CECL) standard took effect for most credit unions Jan. 1.
NAFCU Vice President of Regulatory Affairs Ann Petros will sit down and discuss fintech and industry trends with Credit Union Times Editor-in-Chief Michael Ogden.
Compliance Savings Ends Soon: Prices Increase After Friday 6/23!
Save $200.00 on NAFCU's 2023 BSA School and Risk Management Seminar, August 15 to 17 in Louisville. Join your peers for comprehensive training in the heart of the Bluegrass and get insights on the latest developments and technologies that impact your credit union and members. Hurry! In-person availability is limited.