NCUA
Board approves interagency supervisory rule to increase transparency, consistency
The NCUA Board Wednesday approved a proposed interagency rule clarifying that
agency guidance "does not have the force of law" and does not create
legally binding obligations for financial institutions. The rule was informally
issued earlier this month by the federal financial regulators.
NAFCU
Networks here to connect, inspire CU professionals
Did you know NAFCU
offers exclusive online communities – covering seven professional fields –
at no additional cost to members? If you and your credit union are looking for
ways to tackle problems, innovate, and develop stronger business strategies, the
NAFCU Networks are the resources you need.
SBA
FY20 loan data reveals 'historic' $750B in loans
The Small
Business Administration (SBA) Wednesday released its fiscal year 2020 summary
loan data, revealing the agency helped to facilitate nearly 9 million loans totaling
$750 billion. The paycheck protection program (PPP), enacted under the CARES Act
earlier this year, provided more than 5 million loans.
Advance your career as a credit union
leader—fast
NAFCU's Virtual Management and Leadership Institute
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NAFCU's
LaBerge urges need for national data privacy, security standard in new podcast
NAFCU Senior Regulatory Counsel Elizabeth LaBerge appeared on the Association
for Data and Cyber Governance's U.S. National Privacy Legislation podcast
and discussed NAFCU's involvement in both state and privacy legislative initiatives,
as well as the association's role in the formation of an informal alliance
of financial trade associations that meet and share information on this topic biweekly.
Reg Alert details CFPB ANPR on consumer access to financial records
In a new Regulatory Alert, NAFCU details the CFPB's recent advance notice
of proposed rulemaking (ANPR) gathering input on how it should implement section
1033 of the Dodd-Frank Act. Section 1033 provides for consumer rights to access financial records.
Today's
Compliance Seminar features data security, privacy trends
Today's
Virtual Regulatory Compliance Seminar opens with general sessions focused on data
security and privacy trends, as well as best practices to build a culture of compliance throughout the entire credit union.
