NAFCU holds annual Fed meeting

The NAFCU Board of Directors and senior association staff today met directly with Federal Reserve Governor Michelle Bowman and senior Fed staff to discuss important credit union issues and share NAFCU’s Annual Report on Credit Unions.

NAFCU details latest trends, issues affecting CUs in annual report

The NAFCU Board of Directors and senior staff met with Federal Reserve Board of Governors Michelle Bowman Monday to share the association's 2023 Annual Report on Credit Unions, which details the latest issues and trends affecting credit unions and the impact of Fed actions. A copy of the report – now available online – was sent to members after the meeting.

NAFCU, CUNA raise several objections to CFPB’s FCRA rulemaking proposals

NAFCU and CUNA wrote a joint letter Monday to CFPB Director Rohit Chopra urging the bureau to hold a new Small Business Regulatory Enforcement Fairness Act (SBREFA) Panel where Small Entity Representatives (SERs), which includes credit unions, can better estimate the impact of the proposals in its Fair Credit Reporting Act (FCRA) rulemaking effort and the potential costs on operations.

👉 Back after a sell-out year! 

The 2024 Board of Directors and Supervisory Committee Conference is returning after quickly selling out in 2023. Join your peers April 15 – 18 in the beautiful seaside town of Newport, RI.

The November-December issue of The NAFCU Journal is now available

The November-December edition of The NAFCU Journal is available now and includes a feature article providing insights on artificial intelligence (AI) in financial services, the Federal Reserve’s FedNow service, and the litigation calling into question the constitutionality of the CFPB’s funding structure. Content from this issue can be viewed anytime on the magazine’s virtual hub.