Also: Senators join call for easier PPP forgiveness process; NAFCU virtual events, networks bring CUs together



NAFCU TODAY | The News You Need Daily.

June 15, 2020



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This week: NAFCU focused on PPP, NDAA, economy [ [link removed] ]
NAFCU's award-winning advocacy team remains active on Capitol Hill this week as the House and Senate hold hearings on several issues important to credit unions. In addition, the association will continue to advocate for credit union priorities related to the paycheck protection program (PPP), fiscal year 2021 National Defense Authorization Act (NDAA), and future coronavirus relief packages.


Senators call on SBA, Treasury to streamline PPP forgiveness application [ [link removed] ]
Between a pair of letters Friday, almost all members of the Senate have called on Small Business Administration (SBA) Administrator Jovita Carranza and Treasury Secretary Steven Mnuchin to revise the SBA's paycheck protection (PPP) forgiveness application with improvements needed to streamline and simplify the process.


Don't miss out: NAFCU virtually supports CUs' education goals [ [link removed] ]
As part of NAFCU's commitment to providing credit unions with forward-thinking, educational programs and trainings, the association has developed a number of events and opportunities specifically designed to help bridge the social distancing gap. From virtual conference events and webinars to online communities, NAFCU has unique offerings to deliver credit union professionals with the insights and tools they need now.






FBI issues alert on mobile banking app cybersecurity threats [ [link removed] ]
The FBI released an alert to warn the public about anticipated exploitation of mobile banking app platforms as in-person access to financial institutions has been limited amid the coronavirus pandemic.



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