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.