This
week: NAFCU kicks advocacy into high gear ahead of Caucus, elections
NAFCU's advocacy remains in high gear as the close of the Democratic National
Convention and Republican National Convention launches election season into full
swing. The association encourages credit unions to register for its upcoming Virtual
Congressional Caucus where credit unions across the country can connect with lawmakers
and regulators to ensure key credit union issues are represented at the federal level.
NAFCU
urges flexibility, reduced burden as NCUA considers virtual exams
In
response to the NCUA's request for information (RFI) on future exam modernization
efforts, NAFCU Director of Regulatory Affairs Ann Kossachev Friday shared the
association's appreciation for the NCUA's progress on certain reform
initiatives and urged the agency to prioritize reducing examination burden. The
agency is currently seeking ways to leverage new technology, analytics, and other
capabilities to transition to a mostly virtual exam format.
FHFA
to hold listening sessions on GSEs' capital proposal
The Federal
Housing Finance Agency (FHFA) will hold two public listening sessions – Sept.
10 and Sept. 14 – to gather additional feedback on its proposed rule to set
capital requirements for the government-sponsored enterprises (GSEs). NAFCU was
generally supportive of the proposal when it was originally issued last year,
but continues to advocate that certain safeguards are codified by Congress before
removing the GSEs from conservatorship.
Watch Condoleezza Rice keynote Virtual
Congressional Caucus
Then provide insights to Congress on how to
help CUs grow.
Keynote
presentation with support by Allied Solutions
CUs:
Save now on NAFCU's online training subscriptions
NAFCU recognizes
that credit unions are balancing a lot of challenges amid the coronavirus pandemic
and is committed to provide credit unions with forward-thinking, educational programs
and trainings. To ensure members maintain access to the industry's best training
opportunities, the association is offering $250 off all its Online Training Center subscriptions.
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