Also: NAFCU responds to NCUA’s operating fee methodology; New edition of The NAFCU Journal features Hood, digital assets

September 6, 2023

Senate Republicans call for delay of CFPB’s 1071 rule ([link removed] )

Eight Republican senators wrote to the CFPB Friday urging the bureau for a “nationwide stay of the effective date of its Section 1071 rule” after a U.S. District Court in Texas provided relief only to specific institutions. NAFCU has consistently raised concerns about the rule’s negative impact on credit unions’ small business lending and continues to advocate for relief.

NAFCU asks NCUA to improve operating fee methodology ([link removed] )

NAFCU Senior Counsel for Research and Policy Andrew Morris responded to the NCUA’s request for comment (RFC) on its proposed changes to operating fee structure methodology with recommendations to improve the methodology and increase its cost effectiveness.

Explore the September-October issue of The NAFCU Journal ([link removed] )

The September-October issue of The NAFCU Journal is available now. Features include strategies to meet members needs around digital assets as well as a one-on-one interview with NCUA Board Member Rodney Hood. Content from this issue can be viewed anytime on the magazine’s virtual hub.

Final Days To Register For One Of The🔥Hottest🔥Conferences Of The Year!

Register now for the Virtual Regulatory Compliance & BSA Seminar ([link removed] ) , happening September 26 – 28. You’ll attend virtually, in real-time, with the in-person attendees.

August auto sales fall, shows ‘signs of softening’ ([link removed] )

Total vehicle sales decreased 800,000 annualized units in August and monthly sales levels were up 16.6 percent year over year. NAFCU Economist Noah Yosif analyzed the data in a new Macro Data Flash report.

1156836133_Indirect-lending-new-generation_DIGITAL_v3_167x300 ([link removed] )

NAFCU CALENDAR ([link removed] )

SEPT

8
Regulators Scrutinizing So Called "Junk" Fees
([link removed] )

Webinar

SEPT

10 - 13

Congressional Caucus ([link removed] )

Washington, D.C.

SEPT

11 - 12
Large CU Summit ([link removed] )

Washington, D.C. or Virtual

SEPT

14
How AMOCO FCU is optimizing their portfolio in challenging times
([link removed] )

Complimentary Webinar



Master the Art of Credit Union Mergers

The Credit Union Merger & Acquisition Handbook ([link removed] ) provides a step-by-step guide to completing a merger from start to finish successfully with checklists ([link removed] ) and real-world example documents ([link removed] ) .



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NAFCU. 3138 10th St N Arlington, Virginia 22201

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