Also: Senators introduce NAFCU-sought bill for CDFI Fund accountability; Berger featured in August’s CEO Today Magazine
NAFCU Today

July 31, 2023

This week: NAFCU monitoring discussions on CDFI Fund, AI compliance

While Congress begins its August recess, NAFCU remains engaged in Washington, D.C., and with member credit unions to continue advocating for industry priorities.

Senators introduce NAFCU-sought bill to hold CDFI Fund accountable

A bipartisan group of senators have introduced NAFCU-sought legislation to require the Treasury Secretary or their designee to testify about Community Development Financial Institutions (CDFI) Fund before both the House Financial Services Committee and the Senate Banking Committee annually.

NAFCU President and CEO Dan Berger featured in CEO Today Magazine

NAFCU President and CEO Dan Berger is the featured CEO in August’s issue of CEO Today Magazine. In an exclusive first look, Berger dives deep into his career and his decade at the helm of NAFCU’s advocacy, compliance, and education priorities.


Oppose Durbin 2.0. Attend and Have an Impact!
Help shape CU policies. Meet in person with lawmakers and regulators. Join us at NAFCU’s Congressional Caucus in D.C. 

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Watch: NAFCU’s Mesack provides need-to-know insights from July

In July, NAFCU led the fight against attempts by Sens. Dick Durbin, D-Ill., and Roger Marshall, R-Kan., to attach interchange legislation to the National Defense Authorization Act. 

NAFCU Final Reg details NCUA rule amending FCU bylaws

NAFCU sent members a Final Regulation Friday detailing the NCUA’s final rule to amend Federal Credit Union (FCU) bylaws – implementing the NAFCU-supported Credit Union Governance Modernization Act (CUGMA) – that allows credit unions to expel members by a two-thirds vote of a quorum of a credit union’s board of directors. 

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  NAFCU CALENDAR
MAY 1 -
SEPT 30
Regulatory Compliance School On-Demand
An On-Demand Event
AUG
4
Joint Agencies - Quality Control Standards for AVMs
Comments Due to NAFCU
AUG
7
NCUA - MDI Preservation Program
Comments Due to NAFCU
AUG
15 - 17
Risk Management Seminar
Louisville, KY or On-Demand
AUG
15 - 17
BSA School
Louisville, KY or On-Demand

It’s the Best School Around (BSA!)  

Join NAFCU’s BSA School On-Demand to unlock comprehensive BSA training from anywhere. Hurry – sessions are open now! 

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