Also: NCUA introduces new digital chartering tool; Compliance Blog discusses second chance proposal
NAFCU TODAY | The News You Need Daily.
August 9, 2019
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Submit feedback on Fed, economy in NAFCU's annual survey [ [link removed] ]
NAFCU is seeking feedback from credit unions on their greatest strategic challenges, including field of membership restrictions, technological innovations, cybersecurity threats, and regulatory burdens.
NCUA launches new tool for charter applications [ [link removed] ]
The NCUA Thursday announced a new automated system - the Chartering Proof of Concept tool - aimed at helping credit union organizers better understand how to prepare charter applications.
Compliance Blog breaks down NCUA 'second chance' guidance [ [link removed] ]
What does the NCUA's proposed Interpretive Ruling and Policy Statement (IRPS) related to a section of the Federal Credit Union Act regarding convicted criminals mean for credit unions? Read today's Compliance Blog post for a breakdown of the "second chance" proposal's impact on credit unions and individuals.
Consumer credit still 'solid' in June [ [link removed] ]
Total consumer credit rose 4.3 percent in June (seasonally-adjusted, annualized) and is up 5.2 percent versus a year ago. In response to this growth, NAFCU Chief Economist and Vice President of Research Curt Long described it as "solid" despite some weakening.
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