Berger shares CU difference, priorities with Trump, Biden
As NAFCU's award-wining advocacy team continues to closely monitor the election cycle, NAFCU President and CEO Dan Berger Monday shared credit union priorities with President Donald Trump and former Vice President Joe Biden – the Republican and Democratic candidates, respectively, for the 2020 presidential election.

Hear directly from leaders of SBA, CFPB at Virtual Caucus
NAFCU's Virtual Congressional Caucus is less than a month away and the association's award-winning advocacy team is securing a strong lineup of key administration officials, regulators, and lawmakers to give credit unions direct updates on what's happening in Washington. Leaders from the Small Business Administration (SBA), CFPB, NCUA, and Federal Housing Finance Agency (FHFA) are slated to address attendees.

NAFCU revamps remaining 2020 conferences to virtual events
NAFCU's responsiveness and innovative approach to online training amid the coronavirus pandemic has delivered uninterrupted, top-notch content with in-demand experts to help credit unions and their employees navigate the changing landscape. With a focus on regulatory and legislative developments, this year's NAFCU conferences complement one another to ensure credit unions can pursue strategic organizational and professional goals. As the pandemic continues, the association is pivoting all remaining 2020 conferences to virtual events in an effort to keep bringing the best educational content the industry needs.

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NAFCU details NCUA's CECL proposal, seeks CU feedback
NAFCU is currently seeking comment from member credit unions on the NCUA's recently proposed rule to create a three-year phase-in of the day-one adverse impacts of the current expected credit loss (CECL) accounting standard on federally-insured credit unions' (FICUs) net worth ratio. Of note, the standard isn't effective for credit unions until 2023.

CUs: How can NCUA improve OTR methodology, fee structure?
As the NCUA seeks feedback on its existing overhead transfer rate (OTR) methodology and proposed clarifications related to how the methodology is applied to apportion operating fees charged to federal credit unions, NAFCU is gathering credit unions' comments to inform its recommendations to the board.