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

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.

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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.


Save up to $300 on NAFCU conferences!
Use code INPERSON to save $300 on in-person conference registrations or code VIRTUAL to save $100 on virtual conference registrations by 1/8/21. You can use the codes for as many conferences and employees as you wish!

The Evolving Credit Crisis - How Credit Unions Can Respond
Credit unions can prepare their loan portfolios by using analytics to spot trouble before it arrives, and implement processes for when it does.

 
 NAFCU CALENDAR
DEC
9
Comments Due to NAFCU: NCUA - Derivatives
Important Regulatory Date
DEC
9-10
Virtual CFO Summit
#CFOSummit
DEC
10
The #1 Thing Your Members Care About
Complimentary Webinar
DEC
11
CU Research Survey Due
Topic: Legislative and Regulatory Hot Topics
DEC
14
Understanding Current Expected Credit Losses (CECL)
Complimentary Webinar

 
 

 

 

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