Also: NCUA, federal agencies release fall rulemaking agendas; Senate poised to take up gov't funding extension, NDAA



NAFCU TODAY | The News You Need Daily.

December 10, 2020



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NAFCU, member CUs meet with Senate Banking's Ranking Member Brown [ [link removed] ]
Several representatives from NAFCU-member credit unions Wednesday joined members of the association's advocacy team for a videoconference meeting with Senate Banking Committee Ranking Member Sherrod Brown, D-Ohio. The group thanked Brown for his work with committee Chairman Mike Crapo, R-Idaho, on reforms to the Bank Secrecy Act (BSA)/anti-money laundering (AML) regime, leading the way for its inclusion in the 2021 National Defense Authorization Act (NDAA), and discussed a number of industry issues.


NCUA fall rulemaking agenda includes FOM, risk-based net worth, more [ [link removed] ]
Administrative agencies – including the NCUA and CFPB – have released their spring regulatory agendas, which feature several items that NAFCU has been advocating for, as well as others that have already been introduced or included on previous rulemaking agendas.


House passes bill to extend gov't funding to Dec. 18 [ [link removed] ]
The House Wednesday passed a continuing resolution to extend federal government funding to Dec. 18. Current funding is set to expire at midnight Friday; the Senate is expected to approve the legislation before the deadline to avert a shutdown.






NAFCU reiterates PPP concerns, recommendations ahead of hearing [ [link removed] ]
Ahead of today's Senate Small Business Committee hearing to examine the future of the Small Business Administration's (SBA) paycheck protection program (PPP), NAFCU's Brad Thaler reiterated the association's call for a simplified loan forgiveness process for program loans under $150,000 and urged the committee to work with fellow lawmakers to exclude Economic Injury Disaster Loan (EIDL) advances from the PPP forgiveness calculation.


NAFCU Network Spotlight: Q&A with HRCCU's Melisse Robinson [ [link removed] ]
NAFCU's inside look at its seven complimentary, member-only networks continues today with a Q&A featuring Hudson River Community Credit Union AVP of HR and Organizational Development Melisse Robinson. See what advice Robinson has for HR professionals to get the most out of the Human Resources Network.


NCUA enhances fraud hotline [ [link removed] ]
The NCUA Wednesday announced new enhancements to its Fraud Hotline, allowing tips to be submitted electronically through the NCUA's website. The hotline allows the public to report insider fraud concerns associated with credit union employees, directors, or volunteers to the agency.


CUs: Stock up on top-rated training during NAFCU webinar flash sale [ [link removed] ]
Looking to provide your credit union staff and board with top-rated training and education? NAFCU's two-day webinar flash sale is Dec. 15-16 and features 50 percent off all paid webinars. Purchase of a webinar gives your entire credit union access to the webinar for one year from the original webinar date; there is no limit on how many webinars you may purchase during the flash sale.



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