Also: NAFCU defends CU tax exemption, MBL relief amid attacks; Thaler outlines CU-sought provisions for Phase 4

NAFCU Today
The News You Need Daily
 

July 23, 2020

Hunt: Sec. Condoleezza Rice, Larry Sabato to keynote Virtual Caucus
In a new message to credit union advocates, NAFCU Executive Vice President of Government Affairs and General Counsel Carrie Hunt touted the association's upcoming Virtual Congressional Caucus as a way to connect with policymakers on positive change for the credit union industry and hear from influencers, including 66th U.S. Secretary of State Condoleezza Rice.

NAFCU defends CU tax exemption, MBL relief
NAFCU Executive Vice President of Government Affairs and General Counsel Carrie Hunt Wednesday sent a letter setting the record straight on credit unions' requests for Congress to provide relief from the arbitrary member business lending (MBL) cap and the benefits of the industry's tax-exempt status so that they can do more to help businesses and consumers recover from the coronavirus pandemic.

NAFCU outlines provisions to help CUs serve members ahead of hearing
The House Financial Services Committee today is set to review the House-passed HEROES Act and prior to the hearing, NAFCU's Brad Thaler outlined ways credit unions are working to provide their members with financial support and relief amid the pandemic and ways Congress can bolster those efforts.


3rd Edition Now Available: NAFCU's Credit Union Director Handbook!
We've updated our handbook to provide CU Board of Directors with more necessary tools to fulfill their role - Program Underwritten by Gallagher

Learn More

NAFCU shares support of increasing capital access for minority-owned businesses
Ahead of today's Senate Small Business Committee hearing to examine capital access for minority-owned small businesses during the coronavirus pandemic, NAFCU's Brad Thaler shared the association's support of the committee's attention to increasing capital access for these businesses and credit unions' commitment to serving these communities.

CFPB releases survey for small biz data collection, announces cost-benefit analysis symposium
The CFPB continues its symposia series next week with an event focused on the use of cost-benefit analysis in consumer financial protection regulation. In addition, the bureau released a survey related to small business lending data collection, which was discussed at a previous symposium.

Today: NCUA webinar on ADA, financial inclusion
The NCUA today is hosting a webinar focused on financial inclusion for people with disabilities in recognition of the 30th anniversary of the Americans with Disabilities Act (ADA).

Existing-home sales see record rebound in June
Existing-home sales rebounded 20.7 percent in June to a seasonally-adjusted annual rate of 4.72 million units, representing the highest month-over-month gain on record. However, sales are down 11.3 percent versus a year ago.


Starts next week: NAFCU's Virtual Regulatory Compliance School
Earn the award-winning, highly sought-after NCCO and achieve a solid understanding of core compliance regulations—all from your home or office. View the agenda now.

5 Approaches To Accelerate Your Digital Transformation
Jeffrey Dillon from CUNA Mutual Group discusses the innovative tech empowering CUs to transform their member experience.

 
 NAFCU CALENDAR
JULY
23
Excise Tax Update: Recent IRS Changes and Proposed Regulations
Complimentary Webinar
JULY
24
Navigating the LIBOR Transition as a Credit Union
Webinar
JULY
27
NAFCU Roadshow: Issues Facing Hawaii & Guam Credit Unions During COVID-19
Complimentary Webinar
JULY
28
Growing Small Business Beyond COVID-19
Complimentary Webinar
JULY 28 -
AUG 6
Virtual Regulatory Compliance School
#ComplianceSchool

 
 

 

 

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