NAFCU's
Hunt shares where elections stand, what CUs can expect
While votes
continue to be counted in the presidential race and several Senate and House races,
NAFCU's Carrie Hunt sent a message to credit unions Wednesday to give an
update of where results currently stand and what the industry can expect in the coming months.
NAFCU
Network Spotlight: Q&A with Gulf Winds CU's Dale Johnson
Over
the next several weeks, NAFCU Today will be giving credit unions an inside look
at each of the seven NAFCU Networks – offered complimentarily to member credit
union professionals – via a Q&A with a network member. Today's feature
on the CFO Network comes from Gulf Winds Credit Union Executive Vice President
of Strategy and Performance Dale Johnson. See what Johnson has to say about the
benefits of the network, financial challenges credit unions should be prepared for in 2021, and more.
CUAC
set to discuss small biz lending, consumer access rulemakings
The CFPB's
Credit Union Advisory Council (CUAC) is set to meet Nov. 18, alongside the bureau's
other advisory councils, to discuss two of the bureau's ongoing efforts related
to implementing the Dodd-Frank Act: Section 1071 for small business lending
data collection, and section 1033 for consumer access to financial data.
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Vehicle
sales slow in October; NAFCU expects sales to remain steady
Total vehicle
sales slowed in October, falling from 16.3 million annualized units to 16.2 million
during the month. NAFCU Chief Economist and Vice President of Research Curt Long
noted that although monthly sales levels were down 3.3 percent from the previous
year, sales had improved modestly from September if seasonal adjustments are ignored.
