Also: Harper details reg approach, risks on horizon; Chairwoman Waters, other reps discuss issues facing FIs

NAFCU Today
The News You Need Daily
 

September 12, 2019

Calabria tells Berger FHFA wants to keep pricing safeguards in housing finance reform
NAFCU President and CEO Dan Berger – on stage at NAFCU's Congressional Caucus with hundreds of credit union leaders in the audience – questioned Federal Housing Finance Agency (FHFA) Director Dr. Mark Calabria on the agency's expectations for housing finance reform now that the Treasury Department and Department of Housing and Urban Development (HUD) have released their plans.

NCUA's Harper warns NAFCU members of risks facing CU industry
NCUA Board Member Todd Harper addressed the crowd of hundreds of credit union leaders at NAFCU's Congressional Caucus Wednesday, explaining his perspective on the agency's approach to regulation, priorities, and risks related to liquidity, consumer debt, and the growing federal deficit.

Waters, HFSC members stand by CUs, share updates on key issues at Caucus
On the final day of NAFCU's Congressional Caucus, House Financial Services Committee Chairwoman Maxine Waters, D-Calif., and a host of key members from the committee pledged to stand by credit unions in the fight to keep the industry's tax exemption intact and many called to halt the current expected credit loss (CECL) standard.


NAFCU's 2019 Credit Union Compliance GPS
Get updates on S.2155, Field of Membership, Privacy and more!

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Sens. Brown, Peters highlight importance of CUs at Caucus
Ranking Members Sherrod Brown, D-Ohio, and Gary Peters, D-Mich., of the Senate Banking Committee and the Senate Homeland Security and Governmental Affairs Committee, respectively, described the important role credit unions play in their communities and nation as a whole as they discussed issues during the last day of NAFCU's Congressional Caucus.

Fox News' Stirewalt calls on CUs to help bridge America's political divide
"Ask for kindness, wherever you are and whatever you do," said Chris Stirewalt, Fox News' digital politics editor and political analyst, at NAFCU's Congressional Caucus Wednesday. Stirewalt addressed this year's attendees with a speech about political divisiveness in the media and the need for unity within our communities, stating that credit unions can help change things for the better.

$3.7M seized, 281 arrested in coordinated BEC operation
The Department of Justice (DOJ) announced this week that the U.S., in conjunction with international law enforcement authorities, disrupted a series of business email compromise (BEC) schemes that were designed to intercept and hijack wire transfers from businesses and individuals.


Check Fraud and Allocation of Loss Under the Model Uniform Commercial Code (member-only)
The Compliance Monitor offers credit unions some considerations regarding check fraud.


Shining a Light on the Dark Web
In this on-demand webinar, we will explore the structure of the Internet and the secret criminal communities hiding within the Dark Web.


 

NAFCU CALENDAR
SEPT
13
Exceptions to Employment Restrictions Under Section 205(d) of the Federal Credit Union Act ("Second Chance IRPS")
Important Regulatory Dates
SEPT
17
How to Handle Fiduciary Accounts — Trusts, Estates and Powers of Attorney
Webinar
SEPT
19
Cyber Training for Board Members
Webinar
SEPT
19
Management & Leadership Institute Prep
FREE Live Webinar
SEPT
19
Financial Wellness: Addressing the Barriers to Retirement Readiness
FREE Live Webinar
 

 

 

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