This
week: NAFCU touts CU difference to Congress
NAFCU's award-winning
advocacy team continues to be engaged on Capitol Hill as lawmakers and the Biden
administration begin working on priorities and additional coronavirus relief.
NAFCU President and CEO Dan Berger last week sent a letter to President Joe Biden
highlighting the credit union difference and industry priorities, and the association
followed up with a message to Congress to ensure new and returning lawmakers are aware of the industry's mission.
Berger
joins call with Biden administration focused on small biz lending
NAFCU
President and CEO Dan Berger joined an invite-only call Friday with representatives
from the National Economic Council (NEC), Small Business Administration (SBA)
and other stakeholders focused on expanding SBA loan program access to small businesses most in need of assistance.
NAFCU
publishes new resource breaking down key BSA/AML reforms in NDAA
NAFCU
is committed to ensuring credit unions have the resources they need to remain
informed of the ever-changing legislative and regulatory environment. The association
recently released a new resource summarizing the Anti-Money Laundering Act of
2020 and Corporate Transparency Act provisions included in the fiscal year 2021 National Defense Authorization Act.
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and Strengthen Your Core Compliance Knowledge
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A to Z.
NAFCU
issues Final Reg on corporate CUs, details effects of rulemaking
NAFCU
Friday sent a new Final Regulation Alert to members breaking down the NCUA's
recent rule related to corporate credit unions. The association's Final Regulation
Alerts are member-only resources that feature full text and easy to read summaries
for final rulemakings affecting credit unions.
Existing-home
sales show modest rise in December; NAFCU expects steady sales pace in 2021
Existing-home sales rose 0.7 percent in December to a seasonally-adjusted rate
of 6.76 million units, representing a 22.2 percent increase in sales versus a
year ago. In a new Macro Data Flash report, NAFCU's Curt Long notes that
existing-home sales in 2020 were at their highest level since the Great Recession.
