Jim Nussle, who will lead America’s Credit Unions when the new association is legally formed Jan. 1, 2024, announced the executive leadership team that will shape the vision of a strong, united voice for the credit union industry among policymakers in Washington, D.C., and across the country.
The newest edition of NAFCU's Compliance Monitor – a member-only, digital compliance resource – features an in-depth regulatory compliance year-end review.
The NCUA, Financial Crimes Enforcement Network (FinCEN), and other federal agencies issued a joint statement to provide additional clarity on FinCEN’s final rule on access to beneficial ownership information (BOI), which was released by FinCEN Thursday.
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After wrapping up some end-of-year work, including passing the National Defense Authorization Act, both chambers are in recess until 2024. In addition, the Senate confirmed Tanya Otsuka to the NCUA Board prior to the year-end recess. Otsuka will replace NCUA Board member Rodney Hood, who termed out in August. Otsuka’s term on the NCUA Board will run through Aug. 2, 2029.