Also: Association, trades meet with FCC on TCPA exemptions; After 5 months of gains, existing-home sales fall

NAFCU Today
The News You Need Daily
 

December 23, 2020

NAFCU seeks clarity for CUs ahead of next round of EIPs
As the new coronavirus relief package is set to send another round of economic impact payments (EIPs) to consumers, NAFCU and industry trade groups continue to ask for additional clarity for processing electronic and paper check transactions to ensure credit unions and other financial institutions have the resources and guidance needed to efficiently get funds to consumers.

NAFCU, trades offer FCC recommendations on TCPA exemptions
Earlier this week, NAFCU and a group of organizations met with newly-confirmed Federal Communications Commission (FCC) Commissioner Nathan Simington and representatives from the agency's Consumer and Government Affairs Bureau to offer recommendations on exemptions under the Telephone Consumer Protection Act (TCPA). ​​​​​​​

Existing-home sales fall for first time in 5 months
Existing-home sales declined 2.5 percent in November to a seasonally-adjusted rate of 6.69 million units, representing a 25.8 percent increase in sales versus a year ago. In a new Macro Data Flash report, NAFCU's Nadir Tekarli notes that although existing-home sales have dipped for the first time in five months, they're still near the highest level since 2006.


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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NAFCU closed Thursday, Friday for Christmas
NAFCU's offices will be closed tomorrow and Friday for the Christmas holiday but credit unions can still access the association's website for resources and upcoming events. Of note, NAFCU yesterday sent members a Final Regulation summary on the NCUA's extended coronavirus relief provisions, and credit unions can still take advantage of savings on the association's 2021 conferences.


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!

Keep Cybercriminals Off Your Members' Naughty Lists this Holiday Season
Today's Holiday Fraud Prevention Tip: Offer accountholders the option to receive instant transaction alerts, so they can quickly spot and report fraudulent activity.

 
 NAFCU CALENDAR
DEC
28
CFPB Compliance Deadline: Qualified Mortgage Definition – Extension of Sunset Date
Compliance Deadline
JAN
7
2021 Fraud Crystal Ball
Complimentary Webinar
JAN
12
Comments Due to NAFCU: CFPB - Consumer Access to Financial Records
Important Regulatory Date
JAN
15
Comments Due to NAFCU: NCUA - Capitalization of Interest
Important Regulatory Date
FEB
2
An Overview of Privacy Compliance
Webinar

 
 

 

 

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