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feedback on Fed, economy in NAFCU's annual survey
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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
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
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.
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Consumer
credit still 'solid' in June
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.
