Also: NCUA Chairman Hood expands on hemp guidance; New Berger op-ed on the credit union difference
NAFCU TODAY | The News You Need Daily.
September 3, 2019
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This week: August recess comes to an end, Caucus kicks off in one week [ [link removed] ]
Lawmakers remain in their home districts and states for the final week of August recess as NAFCU prepares to host hundreds of credit unions in Washington, D.C., for the association's Congressional Caucus in just under a week.
NCUA's Hood: Hemp legalization is 'a significant step forward' [ [link removed] ]
NCUA Board Chairman Rodney Hood expanded on the NCUA's recently published interim guidance allowing federally insured credit unions to provide certain financial services to legally operating hemp business in an op-ed in the Lexington Herald Leader.
NAFCU's Berger: Credit unions grow to serve the greater good [ [link removed] ]
In a recent Credit Union Times op-ed, NAFCU president and CEO Dan Berger reiterated the association's focus on helping credit unions grow stronger.
Top August compliance blogs: Money Mules, HELOC, adverse action and more [ [link removed] ]
NAFCU’s compliance teams works around the clock to stay up to date on the most pressing issues facing members. They field a number of questions from members each and every week to ensure credit unions are able to face day-to-day issues. The award-winning compliance team has published a number of blog posts throughout the month; here are the most popular ones.
NCUA bans 6 from future work in FIs [ [link removed] ]
The NCUA in August issued 5 prohibition orders and 1 prohibition notice, which prohibit individuals previously associated with credit unions from any future participation in the affairs of a federally insured financial institution.
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