NAFCU
counters banker attack with facts on CU tax exemption
NAFCU is defending
the credit union industry as bank lobbyists continue their attacks on credit unions
and the industry's tax-exempt status.
New
NCUA chairman hosting webinar on priorities, activities next week
NCUA
Chairman Todd Harper, who was named head of the agency last week, is hosting a
webinar Feb. 11 to discuss his priorities, the agency's supervisory activities,
and recently issued guidance and regulations.
FedNow Service expects 2023 launch
After announcing participants in the FedNow Service's pilot program last
week, the Federal Reserve yesterday released updated launch timing, indicating
the Fed's real-time payments system will be ready in 2023.
Forward Thinking Strategies
to Help Your CU Thrive, Not Just Survive
Attend NAFCU's Virtual
Strategic Growth Conference to gain insights and best practices for pushing your
CU growth forward.
CFPB
accepting applications for HMDA tech sprint
The CFPB is now accepting
applications for its previously announced tech sprint on Home Mortgage Disclosure
Act (HMDA) data reporting. The event, scheduled to be held virtually March 22-26,
is aimed at identifying technical improvements that could help facilitate the HMDA data submission process.
New
SBA data reveals $72B in PPP loans approved in 2021
The Small Business
Administration (SBA) has approved 891,044 paycheck protection program (PPP) loans,
totaling over $72 billion, since the program reopened earlier this year. The SBA's
newly released data reveals that, of the total loans issued since reopening, 33,714
have been provided by 729 credit unions with $10 billion or less in assets; the
total amount provided by credit unions is nearly $2 billion.
CUs:
Explore NAFCU's forward-thinking education opportunities this month
NAFCU has a number of educational opportunities coming up this month for credit
union professionals to pursue strategic organizational and professional goals
right from their homes or offices. Looking to implement growth strategies and
propel through potential economic headwinds? Look no further than NAFCU's
Virtual Strategic Growth Conference taking place later this month.
