From NAFCU Today <[email protected]>
Subject Merger approved: Historic vote sets up transformation to America’s Credit Unions
Date November 3, 2023 11:11 AM
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Also: New Reg Alert details Fed’s interchange proposal; Updates on gov’t funding, SBLC licensing, more

November 3, 2023

Merger approved: Historic vote sets up transformation to America’s Credit Unions ([link removed] )

Members of CUNA and NAFCU have approved the associations’ merger into America’s Credit Unions. The new organization is set to legally launch Jan. 1, 2024, and will spend the next several months aligning products and services to meet members’ needs, and committing to a culture that emphasizes accountability, transparency, and responsiveness.

New Reg Alert details Fed’s interchange fees, routing proposal ([link removed] )

NAFCU sent member credit unions a Regulatory Alert Thursday detailing the Federal Reserve Board’s proposal to update three components of the interchange fee cap based on data reported to the board. Ahead of the board’s meeting during which it issued the proposal, NAFCU and several other financial services industry groups urged the Fed to reject merchant requests to make changes to the regulation and to consider the costs of the regulation on regulated entities and their customers.

5 things to know this week ([link removed] )

NAFCU's widely read NAFCU Today is credit union leaders' go-to source for the latest on issues impacting the credit union industry. For those short on time, here's a roundup of this week's top need-to-know updates and resources.

👉 Begin your Comprehensive CU Compliance Journey now! 👈

Join your peers and industry experts in Arlington, VA, from March 18 - 22, 2024, at the 2024 Regulatory Compliance School ([link removed] ) . You can earn your NCCO certification and secure the 2024 CU Compliance Roadmap for your entire team!

What You'll Learn in Arlington ([link removed] )

Watch: NAFCU’s Mesack provides need-to-know insights from October ([link removed] )

October was a busy month, with the House working to elect a new Speaker and the CFPB moving forward on several agenda items. In addition, CUNA and NAFCU members approved the merger to form America’s Credit Unions. Credit unions can find more information and answers to frequently asked questions on the merger landing page.

Vehicle sales dip in October ([link removed] )

Total vehicle sales decreased 200,000 annualized units in October, but monthly sales levels were up 5.6 percent year over year. NAFCU Economist Noah Yosif analyzed the data in a new Macro Data Flash report.

NAFCU Online Training Subscriptions - NAFCU Today Ad 1 ([link removed] )

NAFCU CALENDAR ([link removed] )

NOV

7 - 9
Lending Conference ([link removed] )

New Orleans, LA

NOV

15
Successfully Managing the Bank Acquisition Process
([link removed] )

Webinar

NOV

16
The Benefits of Benchmarking your Credit Union’s 401(k) Plan
([link removed] )

Complimentary Webinar

NOV

22
NCUA - Fair Hiring in Banking ([link removed] )

Comments Due to NAFCU

Invest in Your Credit Union's Future with NAFCU’s Online Training

Equip your staff with the knowledge necessary to thrive. Online Training Subscriptions ([link removed] ) offer round-the-clock access to invaluable resources for your entire team at one low price! Subscribe Today! ([link removed] )

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