Berger
calls for immediate assistance for CUs from NCUA, CFPB
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
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
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.
NAFCU 2020
Vendor Directory
Easily find the right solution providers for your
credit union!
4
things CU leaders need to know on coronavirus
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
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.
