This
week: NCUA Board meets; NAFCU keeps pushing for CU relief
While the
House and Senate remain in their home districts this week, the Senate Judiciary
Committee started hearings with Supreme Court justice nominee Amy Coney Barrett
yesterday and will continue through Thursday. The Senate could return to Washington
before the election to vote on Barrett's nomination; however, the House is
not expected to return until after the election.
NAFCU,
CUs pushed forward in 2020 despite unprecedented challenges
The credit
union industry has seen unprecedented challenges this year. Despite the uncertainty,
the association and its member credit unions have achieved some great wins in
2020 as NAFCU moved forward with its mission of strengthening credit unions and
remained hard at work advocating for industry priorities.
Crapo
calls on regulators to support FIs facing higher balance sheets
Senate
Banking Committee Chairman Mike Crapo, R-Idaho, last week sent a letter to NCUA
Chairman Rodney Hood and other financial institution regulators calling on them
ensure credit unions and banks have the flexibility to meet members' needs amid the coronavirus pandemic.
NAFCU's
Virtual CFO Summit
Attend NAFCU's Virtual CFO Summit to gain the
strategies and best practices you need to steer your CU through the recession.
New
Compliance Monitor tackles mortgage servicing requirements, answers Q&As, more
The new edition of NAFCU's Compliance Monitor – available now in its digital
format – features a break down of the mortgage servicing notice of error and
request for information requirements. In addition, the Monitor notifies credit
union compliance officers of the on-demand availability of Virtual BSA School
and Virtual Regulatory Compliance School and answers some recent questions the Compliance Team has received.
