Landmark
NAFCU's State of the Industry happening today
Today, join NAFCU's
award-winning staff, industry experts and fellow credit union executives and board
members from around the country for NAFCU's State of the Industry complimentary
virtual event. The association has leveraged virtual technology to deliver the
data, trends, and key takeaways that are necessary for the industry to move forward beyond the coronavirus pandemic.
Today:
NCUA Board to issue exams RFI, proposed rule on risk-based net worth
The NCUA Board meets today and is expected to issue a request for information
on the future of exams and supervision, a final rule on technical amendments,
and a proposed rule on risk-based net worth. The board is also set to receive
a briefing on the agency's guaranteed notes oversight program and an annual
report on minority depository institutions (MDIs).
2019
HMDA data on mortgage lending available
Data on mortgage lending transactions
from more than 5,500 U.S. financial institutions – required by the Home Mortgage
Disclosure Act (HMDA) – is now available from the Federal Financial Institutions Examination Council (FFIEC).
TODAY:
NAFCU's State of the Industry
Get the data, trends and takeaways
you need now to keep your operations strong.
Senate
NDAA includes CU-opposed provision; NAFCU fights for removal
The Senate
Armed Services Committee has released the text of its version of the fiscal year
2021 National Defense Authorization Act, which currently includes a NAFCU-opposed
provision that 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.
CUs:
Comment on NCUA's annual reg review
NAFCU is currently seeking
comment from member credit unions on the NCUA's 2020 Regulatory Review, published
earlier this year by the agency's Office of General Counsel. The review,
conducted annually, evaluates one-third of current regulations for regulatory
burdens, administrative hurdles, and clarity.
SBA
updates PPP availability for individuals with criminal histories
The
Small Business Administration (SBA) has updated an interim final rule (IFR) regarding
paycheck protection program (PPP) loan availability for individuals with criminal histories.
NAFCU's
new Online Training Center ready for CUs
NAFCU's newly revamped
Online Training Center is now ready for credit unions to use for online education
and webinars. The redesigned site gives credit unions easier access to new content
and an improved overall user experience.