Also: ABA petitions SCOTUS to review FOM lawsuit; Long looks at economic impact of coronavirus in new brief
NAFCU TODAY | The News You Need Daily.
March 13, 2020
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Berger calls for immediate assistance for CUs from NCUA, CFPB [ [link removed] ]
As credit unions have reached out for guidance on various regulatory and compliance concerns during the coronavirus outbreak, NAFCU President and CEO Dan Berger sent letters to the NCUA and CFPB calling for broad flexibility with compliance for at least 60 days.
FOM: ABA petitions SCOTUS in lawsuit against NCUA [ [link removed] ]
Following the U.S. Court of Appeals for the D.C. Circuit's decision in December to not rehear en banc the American Bankers Association's (ABA) lawsuit challenging the NCUA's 2016 field of membership (FOM) rule, ABA has petitioned the U.S. Supreme Court to take up the case.
NAFCU brief details economic outlook amid coronavirus [ [link removed] ]
NAFCU Chief Economist and Vice President of Research Curt Long has developed a new brief to help credit unions understand the current economic situation – and potential implications – in the wake of the coronavirus, as well as how credit unions could individually be impacted.
4 things CU leaders need to know on coronavirus [ [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 news bits concerning the coronavirus amid increased uncertainty.
California updates proposed CCPA regs [ [link removed] ]
The California Department of Justice this week released an updated set of proposed regulations to implement the California Consumer Privacy Act (CCPA), which took effect Jan. 1. The state has yet to finalize regulatory requirements on how to comply with the law; enforcement of the CCPA is not expected to begin until July.
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