CUs,
NAFCU meet with Treasury on COVID-19 lessons
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
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
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.
Save up to $300 on NAFCU conferences and online training!
'Tis the season to save! Act now to get up to $300 off most 2021 NAFCU conferences
and online training subscriptions! Sale ends 1/8/21.
NDAA
passes House, heads to Senate
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
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
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.