This
week: NAFCU monitoring NDAA markups, CFPB reform, NCUA meeting
NAFCU's
award-winning advocacy team remains actively engaged on Capitol Hill this week
as lawmakers tackle several issues that could impact the credit union industry.
In addition, the association's landmark virtual State of the Industry is
happening Thursday – registration is still available for this complimentary event.
SBA
works to match PPP borrowers with CDFIs, smaller lenders
The Small
Business Administration (SBA) Friday announced the launch of its online tool for
small businesses and non-profits to find Community Development Financial Institutions
(CDFIs), Minority Depository Institutions (MDIs), and other smaller asset-size
lenders offering loans through the paycheck protection program (PPP).
Don't
miss out: NAFCU's State of the Industry right around the corner
When working to provide credit union members with the tools and resources needed
during an unprecedented time, NAFCU has leveraged virtual technology to ensure
the industry remains strong both during and after the coronavirus pandemic. Thursday,
join credit union executives and board members from around the country for NAFCU's
State of the Industry complimentary virtual event.
NAFCU's State of the Industry - A Virtual
Event
Get the data, trends and takeaways you need now to keep your
operations strong.
NCUA
outlines multi-phase reopening, on-site exams plan
The NCUA last week
issued a Letter to Credit Unions detailing the agency's multi-phase approach
to resuming on-site operations. When the NCUA enters the plan's first phase,
which will be communicated beforehand, the agency may begin conducting voluntary on-site examinations.
NCUA
recognizes Juneteenth, releases report on MDIs
NCUA Board Chairman
Rodney Hood Friday recognized the significance of Juneteenth and reiterated his
call for the credit union industry to work toward greater financial inclusion
for all Americans. The agency also released its annual report to Congress detailing
the financial condition of Minority Depository Institution (MDI) designated credit unions.
