NAFCU
partners with DCUC, CUNA to defend CUs in NDAA
NAFCU, along with the
Defense Credit Union Council (DCUC) and CUNA, again voiced opposition against
the inclusion of a provision regarding bank leases in the fiscal year 2021 National
Defense Authorization Act (NDAA) in a letter to the House Armed Services Committee.
The provision – if included in the final version of the bill – could disadvantage
credit unions as it would treat all banks, including large ones like Wells Fargo,
the same as local, not-for-profit credit unions when it comes to nominal leases on military bases.
SBA
issues revised IFR, updates applications to reflect PPP Flexibility Act changes
The Small Business Administration (SBA) has released an interim final rule (IFR)
to make revisions that are consistent with the recently enacted Paycheck Protection
Program (PPP) Flexibility Act (H.R. 7010). In addition, the SBA updated both the
borrower application and the lender application to reflect changes made by the law.
5
things 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 updates and resources.
NAFCU's State of the Industry - A Virtual
Event
Get the data, trends and takeaways you need now to keep your
operations strong.
NAFCU here to serve CUs
Throughout the coronavirus pandemic, credit unions have demonstrated why more
than 120 million Americans have chosen them to meet their financial goals. NAFCU
is proud to serve the credit union industry as the only trade group focused on
representing its interests at the federal level.
This
week in compliance: Collectability, NMLS disclosures, more
As credit
unions work to meet the needs of their members and communities amid the coronavirus
pandemic and restore normal operations, NAFCU's award-winning Regulatory
Compliance Team is continuing to keep the industry informed with on the Compliance
Blog every Monday, Wednesday, and Friday.
