NAFCU
launches post-election advocacy with Congress, regulators
As the 2020
election season ends, NAFCU's award-winning government affairs team is doubling
down on its advocacy efforts to secure even more legislative and regulatory wins
for the credit union industry in the coming months. NAFCU President and CEO Dan
Berger also has a new op-ed detailing what credit unions can expect under President-elect Joe Biden.
NAFCU
shares CU priorities ahead of NCUA chairman's Senate Banking testimony
Ahead of today's Senate Banking Committee hearing to discuss oversight of
financial regulators, NAFCU Vice President of Legislative Affairs Brad Thaler
shared key priorities that the association would like to see the NCUA address
as credit unions work to serve their members during the pandemic. NCUA Chairman
Rodney Hood is set to testify during the hearing with other banking regulators.
NAFCU
details impact of debt collection rule on CUs
NAFCU Monday sent members
a Final Regulation summary outlining what credit unions need to know about the
CFPB's final rule to amend Regulation F, which implements the Fair Debt Collection
Practices Act (FDCPA). Finalized earlier this month, the rule heeded several concerns
NAFCU had flagged for the bureau in its comments on the proposal.
Last chance to get NAFCU's
2020 CU Compliance Roadmap!
The must-have, electronic resource
for credit union compliance professionals is only available for a few more days.
NAFCU:
CFPB changes to records, information disclosure 'largely preserve status quo'
Following the CFPB's issuance of the final rule to amend its Disclosure of
Records and Information Regulation last month, NAFCU yesterday sent members a
Final Regulation alert detailing the changes and their impact on credit unions.
Rising
consumer credit a 'promising' sign of recovery
Total consumer
credit rose 4.7 percent in September (seasonally-adjusted, annualized), up 0.4
percent versus a year ago. NAFCU Chief Economist and Vice President of Research
Curt Long broke down the "promising" signs of a recovering economy in a new NAFCU Macro Data Flash report.
NAFCU
closed Wednesday for Veterans Day
NAFCU's offices will be closed
tomorrow in observance of Veterans Day, but members will still have access to
the association's website for resources and upcoming events, including the
latest regulatory and legislative developments related to the coronavirus pandemic
(view NAFCU's newest resource on expiring relief provisions). Here are a
few recent developments to be aware of.
