From NAFCU Today <[email protected]>
Subject NAFCU details CUs’ robocall concerns ahead of hearing
Date October 24, 2023 11:11 AM
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Also: Fed report says banking sector ‘sound and resilient overall’; CDFI Fund opens applications for small dollar loan program

October 24, 2023

NAFCU reiterates robocall concerns ahead of hearing ([link removed] )

NAFCU Vice President of Legislative Affairs Brad Thaler reiterated the association’s support for rules aimed at targeting illegal and fraudulent robocalls, while also detailing concerns about their impact on credit unions, ahead of a Senate Commerce subcommittee hearing today on the issue.

Fed releases financial stability report ([link removed] )

The Federal Reserve released the second edition of its biannual Financial Stability Report last week. The report looks at conditions affecting the stability of the financial system and analyzes valuation pressures, borrowing, and funding risks. According to the report, household balance sheets “remained solid” and the banking sector remained “sound and resilient overall.”

Applications now open for CDFI Fund FY24 small dollar loan program ([link removed] )

The Community Development Financial Institutions (CDFI) Fund Friday opened applications for the fiscal year 2024 funding round for its small dollar loan program, which is intended to expand consumer access to financial institutions by providing alternatives to high-cost small dollar lending.

Explore Our 2024 Conference Lineup

Ignite your advancement: stay ahead of the game and power your credit union's success. Early bird savings have begun!

Learn More! ([link removed] )

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NAFCU CALENDAR ([link removed] )

OCT

23 - 27
Management and Leadership Institute ([link removed] )

Annapolis, MD

OCT

31
Check Fraud - Who Bears the Risk? ([link removed] )

Webinar

NOV

7 - 9
Lending Conference ([link removed] )

New Orleans, LA

NOV

15
Successfully Managing the Bank Acquisition Process
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Webinar

JAN

4
Compliance Deadline: FinCEN - Beneficial Ownership Reporting Requirements ([link removed] )

Compliance Deadline

🚀 Master CU Compliance: A Comprehensive Journey!

Join fellow industry professionals from March 18 to 22, 2024, in Arlington, VA, for NAFCU's 2024 Regulatory Compliance School ([link removed] ) . Earn your NCCO certification and receive the 2024 Credit Union Compliance Roadmap next year with your registration! Start Your Compliance Journey ([link removed] )

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