From NAFCU Today <[email protected]>
Subject CUs, Treasury discuss pandemic lessons learned, relief
Date December 9, 2020 12:00 PM
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Also: Get insights into year ahead from NAFCU leaders next week; CFOs explore strategies, best practices at virtual summit



NAFCU TODAY | The News You Need Daily.

December 9, 2020



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CUs, NAFCU meet with Treasury on COVID-19 lessons [ [link removed] ]
Several NAFCU-member credit unions and association staff met with officials from the Treasury Department Tuesday to discuss the industry's and regulators' response to the coronavirus pandemic, lessons learned, and issues that need additional relief.


CUs: Join NAFCU's Berger, senior leaders for 2021 look ahead [ [link removed] ]
As 2020 winds down, NAFCU's Q4 Member Webinar provides credit unions with a unique opportunity to look ahead to the new year and hear key updates to finish the year strong and prepare for any potential opportunities and challenges coming in 2021. During the webinar, happening Dec. 15, NAFCU President and CEO Dan Berger will be joined by other senior leaders to share what NAFCU has store to help credit unions grow in the coming year.


Uncover new strategies, harness the latest best practices at NAFCU's Virtual CFO Summit [ [link removed] ]
NAFCU's Virtual CFO Summit – the association's final conference of 2020 – kicks off today and aims to help credit unions continue to work toward their goals during this turbulent time to ensure they come through the other side in as strong a position as possible. The event, designed by a steering committee of credit union CFOs, will provide attendees with the actionable data, strategies, and tactics needed to make urgent decisions.






NDAA passes House, heads to Senate [ [link removed] ]
The House Tuesday evening passed the fiscal year 2021 National Defense Authorization Act (NDAA) on a 335-78 vote. The bill, which includes NAFCU-backed provisions after a conference committee hashed out differences between the House and Senate versions, now heads to the Senate.


CUs encouraged to provide insights on several top regulatory, legislative issues [ [link removed] ]
As the new year approaches, credit unions are encouraged participate in this month's Economic & CU Monitor survey to share their insights into several of the industry’s top regulatory and legislative hot topics.


Consumer credit reflects slowing recovery; NAFCU expects stagnant growth into spring [ [link removed] ]
Total consumer credit rose 2.1 percent in October (seasonally-adjusted, annualized), up 0.3 percent versus a year ago. NAFCU Chief Economist and Vice President of Research Curt Long broke down the slowdown in growth and the ongoing pandemic's effect in a new NAFCU Macro Data Flash report.



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