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

This week: August recess comes to an end, Caucus kicks off in one week
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'
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 
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.


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Top August compliance blogs: Money Mules, HELOC, adverse action and more
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
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.


View the agenda for NAFCU's Credit Union CFO Summit
See how you'll gain best practices for developing strategy around liquidity, profitability, CECL implementation and more.

Small-Dollar Lending: Meeting Your Members' Needs
Learn how to leverage digital, turnkey loan platforms and provide much-needed liquidity to your members with this on-demand webinar.

 

NAFCU CALENDAR
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3
Availability of Funds and Collection of Checks (Regulation CC)
Compliance Deadline
SEPT
4
CECL Auditing Part 1: Historical Balances and Calculations
FREE Live Webinar
SEPT
4
NACHA Update
Webinar
SEPT
5
Shining a Light on the Dark Web
FREE Live Webinar
SEPT
19
Management & Leadership Institute Prep
FREE Live Webinar
 

 

 

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