Also: FHFA issues rule on GSE capital requirements; NCUA expected to propose rule on capitalization of interest today

NAFCU Today
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November 19, 2020

NAFCU pushes to prevent NDAA nominal lease provision as conferees named
As the House and Senate Wednesday named members to represent the chambers in discussions to reconcile differences in the 2021 National Defense Authorization Act (NDAA), NAFCU's award-winning advocacy team continues its push to ensure a provision that would require the Department of Defense (DoD) to treat big banks the same as credit unions when it comes to nominal leases on military bases is not included in the final bill.

FHFA releases final GSE capital rule, including NAFCU-sought CTR concessions
The Federal Housing Finance Agency (FHFA) Wednesday finalized its re-proposed rule to establish capital requirements for the government-sponsored enterprises (GSEs). The release of the rule marks an additional step toward removing the GSEs – Fannie Mae and Freddie Mac – from conservatorship.

NCUA Board set to issue NAFCU-sought proposal on capitalization of interest
The NCUA Board meets today and is expected to issue a proposed rule on capitalization of interest, which NAFCU has called for to provide additional relief for credit unions amid the coronavirus pandemic. The board will also receive two briefings, as well as an update on the 2020 budget.


NAFCU's Virtual Management and Leadership Institute: Only a few seats left
This popular event has sold out the last 3 years!

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NAFCU Committees discuss election, Hauptman nomination
NAFCU's Regulatory and Legislative Committees Wednesday held a joint meeting to discuss what credit unions can expect in the upcoming year as Washington prepares to welcome new lawmakers, and a number of industry issues, including items Congress could tackle before the end of the year.

NAFCU Network Spotlight: Q&A with MHV's Steve Carle
NAFCU's inside look at its seven complimentary, member-only networks continues today with a Q&A featuring Mid-Hudson Valley Federal Credit Union (MHV) Senior Vice President and Chief Lending Officer Steve Carle. The credit union industry is known for its cooperative spirit, which is what makes the Lending Network interactions so strong, Carle says. See what else Carle has to say about how credit union lending professionals can use the network to tackle challenges.

CUAC discusses mortgage market, small biz lending, consumer access rulemakings, more
The CFPB's Credit Union Advisory Council (CUAC) met Wednesday via conference call 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.

NAFCU announces hybrid 2021 conferences, gives CUs power to choose
NAFCU is planning to offer virtual and in-person option for several of its 2021 conferences to ensure credit unions have access to the industry's best training and education opportunities in whichever format they prefer.

Risk Seminar concludes with deep-dive sessions on vendor management, fraud trends
NAFCU's Virtual Risk Management Seminar concludes today with hot topics such as vendor management and current fraud trends within the financial services industry. The seminar, which began Tuesday, is designed to equip credit unions with the skills and tools needed to better identify, assess, and manage risk at an enterprise level.


NAFCU's Virtual Lending Conference Now On-Demand
Gain powerful strategies for improving loan quality and pushing your lending pipeline forward during the recession. Register Now.

Ensuring Alignment at Your CU Right Now
Listen to this podcast with DDJ Myers for an exciting, in-depth conversation on the topic of Organization Alignment.

 
 NAFCU CALENDAR
NOV
17-19
Virtual Risk Management Seminar
#NAFCURiskSeminar
NOV
19
Special Issues in UDAAP Enforcement
Webinar
NOV
20
Comments Due to NAFCU: Section 1071 — Outline of Proposals Under Consideration
Important Regulatory Date
NOV
24
Comments Due to NAFCU: FinCEN - Recordkeeping and Travel Rule
Important Regulatory Date
DEC
1-4
Virtual Management and Leadership Institute
# NAFCUInstitute

 
 

 

 

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