Also: FASB gives status, technical updates on CECL; NAFCU cancels Spring Regulatory Compliance School



NAFCU TODAY | The News You Need Daily.

March 12, 2020



----------

----------

NAFCU to FCC: Reject recommended fee structure for reassigned numbers database [ [link removed] ]
In a letter sent yesterday to the Federal Communications Commission (FCC), NAFCU Senior Regulatory Counsel Elizabeth LaBerge reiterated the association's support for a reassigned numbers database to aid in the elimination of illegal robocalls, but cautioned against certain recommendations that could increase credit unions' costs.


FASB meets on CECL, releases new technical updates [ [link removed] ]
The Financial Accounting Standards Board (FASB) yesterday met to discuss whether it would be appropriate to recognize an insurance recovery asset in conjunction with an insured expected credit loss under the amendments included in its current expected credit loss (CECL) standard. During the meeting, FASB staff indicated that they were not currently working on any major substantive issues related to CECL.


NAFCU cancels Spring Regulatory Compliance School amid coronavirus concerns [ [link removed] ]
With increased uncertainty around the coronavirus, NAFCU has canceled its Spring Regulatory Compliance School that was set to begin next week in Arlington, Va. The association is closely monitoring developments related to the virus as it cares about the health and safety of members and staff.






Does your CU have the right service providers in place? [ [link removed] ]
As credit unions review their business continuity plans to ensure pandemic preparedness is included amid coronavirus uncertainty, NAFCU's Vendor Directory is a great resource to search for providers to fill potential gaps in products and services.


Deadline extended: NAFCU seeks CU input on fraud, payments [ [link removed] ]
NAFCU is encouraging member credit unions to provide feedback on payments, fraud, and more for the next edition of the Economic & CU Monitor. The deadline to submit feedback via online survey has been extended to tomorrow.


Inflation remains flat in February; NAFCU's Long predicts another rate cut [ [link removed] ]
On a seasonally-adjusted basis, overall consumer prices increased 0.1 percent in February, matching January's growth. The Bureau of Labor Statistics reported that the overall consumer price index (CPI) grew 2.3 percent over the 12-month period.



----------



----------






----------
NAFCU Calendar: [link removed]





----------








--------------------------------------------

JOIN THE CONVERSATION:
LINKEDIN: [link removed]
FACEBOOK: [link removed]
TWITTER: [link removed]
YOUTUBE: [link removed]
BLOGS: [link removed] ]
---------------------------------------------
Send feedback [ mailto:[email protected] ]
Subscribe now to NAFCU Today [ [link removed] ]
Opt out of NAFCU Today? [ [link removed] ]
Update your communication preferences [ [link removed] ]
Unsubscribe to ALL of NAFCU's emails. [ [link removed] ]

NAFCU Today? is published weekdays by the National Association of Federal Credit Unions.

3138 10th Street North | Arlington, VA 22201 | email: [email protected] [ mailto:[email protected] ] | phone: (703) 522-4770; (800) 344-5580

?




Powered by Higher Logic [link removed]