This
week: NAFCU, CUs keep up advocacy push during work periods
Lawmakers
in the Senate this week will remain in their home states for the Memorial Day
holiday and work period as negotiations on a phase 4 coronavirus relief package
continue. House members are expected to return to Washington to continue their
work later this week. NAFCU will continue its direct outreach and advocacy to
ensure credit union concerns are addressed in any legislative relief efforts.
PPP
loan forgiveness rules for lenders, borrowers released
The Small Business
Administration (SBA) issued two interim final rules (IFRs) providing paycheck
protection program (PPP) borrowers and lenders with additional information on
loan forgiveness and the loan review process. The agency previously released the
loan forgiveness application for borrowers; NAFCU has consistently sought additional guidance for lenders on the issue.
NAFCU
urges Senate to support PPP changes
After reaching a bipartisan agreement
last week on legislation to extend some provisions of the Small Business Administration's
(SBA) paycheck protection program (PPP), NAFCU Vice President of Legislative Affairs
Brad Thaler wrote Senate leadership urging the chamber "to clear the measure in timely fashion."
NAFCU's
State of the Industry - A Virtual Event
Get the data, trends and
takeaways you need now to keep your operations strong.
CUs:
Take advantage of NAFCU resources
As part of its mission to provide
extreme member service, NAFCU is continuously developing and updating its resources
to help credit unions stay on top of regulatory and legislative changes and better
understand trends impacting the industry.
NAFCU
offering several webinars this week
This week, NAFCU is offering several
webinars on key industry topics ranging from changes in consumer behavior during
the coronavirus pandemic and the benefits of investing in diversity and inclusion at your credit union.
