NAFCU, CUs meet with Chicago Fed
NAFCU's Chief Economist and Vice President of Research Curt Long and Senior
Counsel for Policy and Research Andrew Morris joined several member credit unions
Thursday for a meeting with Federal Reserve Bank of Chicago President Charles
Evans to discuss various industry issues, including the economic outlook, interest
rates, lending landscape and faster payments.
NAFCU
keeps up pressure on NDAA lease provision
NAFCU yesterday shared with
members an update on the status of the National Defense Authorization Act (NDAA)
lease provision requiring the Department of Defense (DoD) to treat big banks the
same as a military installation's local, not-for-profit credit union when
it comes to nominal leases on military bases.
Compliance,
lending & more round out NAFCU's 2019 conference season
NAFCU’s
annual Congressional Caucus kicks off in just over a week, but the association
is set to host five other premier conferences to help credit unions take their
careers and institutions to the next level before the end of the year.
Last week to
get $250 off board and compliance training
Use code SUMMER by 8/30/19
Q2
GDP growth revised 'slightly' downward
According to the Commerce
Department's second estimate for the second quarter, the U.S. economy grew
at a rate of about 2 percent – a downward revision from its initial estimate of 2.1 percent.
NAFCU closed Monday for Labor Day
NAFCU's offices will be closed Monday in observance of Labor Day, but members
will still have access to the association's website for research purposes,
event registrations and email contacts. Here are a few recent developments to be aware of.
