Also: NCUA set to finalize corporate CU rule today, reminds CUs of resources during Cybersecurity Awareness Month
NAFCU TODAY | The News You Need Daily.
October 15, 2020
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FedNow Pilot Program seeks participants [ [link removed] ]
The Federal Reserve is looking for financial institutions – including credit unions – service providers, and payment processors to participate in its FedNow Pilot Program to support the development, testing, and adoption of the FedNow Service – the Fed's real-time payments system.
Today: NCUA Board set to issue NAFCU-supported final rule on corporate CUs [ [link removed] ]
The NCUA Board meets today and is expected to issue a final rule on corporate credit unions and propose a rule related to derivatives. The board will also issue a request for information (RFI) regarding its supervisory guidance and potential improvements in future communications.
NCUA reminds CUs to remain vigilant, protect against cybersecurity threats [ [link removed] ]
October is National Cybersecurity Awareness Month and the NCUA is reminding credit union industry stakeholders to remain vigilant and protect their systems. NAFCU closely follows cybersecurity issues to keep credit unions informed of threats and the latest resources available, and continues to be a leader in calling for national data security and privacy standards.
Washington update, auto market, more on agenda as Lending Conference concludes today [ [link removed] ]
NAFCU's Virtual Lending Conference wraps up today with sessions focused on key lending issues, including regulation, the auto finance market, profitability, and more. The two-day conference, which began yesterday, is being broadcast virtually to hundreds of credit union professionals.
Stay on top of industry issues with NAFCU Networks [ [link removed] ]
Is your credit union seeing new trends in the products and services used by members? Have a question about call reports or cybersecurity efforts? NAFCU's member-only networks are a great resource for credit union professionals looking to connect with industry peers on issues facing their institutions.
CUs: Share insights on CFPB proposals for small biz data collection [ [link removed] ]
As the CFPB considers ways to implement small business lending data collection requirements under section 1071 of the Dodd-Frank Act, credit unions are encouraged to share their insights on the bureau's outline of proposals by participating in this month's Economic & CU Monitor survey.
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NAFCU Calendar: [link removed]
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