Also: Service facility proposal provides needed updates, says NAFCU; Reassigned numbers reporting to begin in April



NAFCU TODAY | The News You Need Daily.

February 10, 2021



----------

----------

NAFCU pushes for more CU tools to better serve members, address capital, liquidity issues [ [link removed] ]
With another round of economic stimulus and relief provisions being worked on by Congress, NAFCU is continuing to monitor how these measures will impact credit unions and their members while maintaining its advocacy to equip credit unions with the tools and flexibility needed to meet members' needs and remain financially sound.


NAFCU shares support, clarifying recommendations for NCUA's service facility proposal [ [link removed] ]
In response to the NCUA's proposed rule to modernize the definition of a "service facility" for multiple common bond (MCB) federal credit unions (FCUs), NAFCU Senior Regulatory Counsel Elizabeth LaBerge shared the association's support of the rule and offered clarifying suggestions.


FCC announces reporting deadlines for reassigned numbers database [ [link removed] ]
The Federal Communications Commission (FCC) this week released a notice announcing the deadlines for service providers to start sharing information with the commission's reassigned numbers database.






SBA issues update on EIDL reconciliation payments, latest PPP loan data [ [link removed] ]
The Small Business Administration Monday released an update on the status of its economic injury disaster loan (EIDL) program's reconciliation payments for any loan with an SBA forgiveness payment that was reduced by the amount of an EIDL advance. The SBA began remitting payments yesterday, and will continue to do so through Feb. 19.


Moore provides insights into Treasury's ECIP in new network posts [ [link removed] ]
In new posts on NAFCU's Compliance and CFO Networks, Regulatory Affairs Counsel Aminah Moore broke down a recent NCUA webinar on the Treasury Department's Emergency Capital Investment Program (ECIP). The program was created by the Consolidated Appropriations Act to help community-based financial institutions support consumers and small businesses in low-income and underserved communities.


FHFA again extends moratorium on foreclosures, evictions [ [link removed] ]
The Federal Housing Finance Agency (FHFA) has again extended its moratorium on foreclosures and evictions through March 31, 2021. The policy applies to government-sponsored enterprise (GSE)-backed single-family mortgages and GSE-owned properties.



----------



----------






----------
NAFCU Calendar: [link removed]





----------








--------------------------------------------

JOIN THE CONVERSATION:
LINKEDIN: [link removed]
FACEBOOK: [link removed]
TWITTER: [link removed]
YOUTUBE: [link removed]
BLOGS: [link removed] ]
---------------------------------------------
Send feedback [ mailto:[email protected] ]
Subscribe now to NAFCU Today [ [link removed] ]
Opt out of NAFCU Today? [ [link removed] ]
Update your communication preferences [ [link removed] ]
Unsubscribe to ALL of NAFCU's emails. [ [link removed] ]

NAFCU Today? is published weekdays by the National Association of Federal Credit Unions.

3138 10th Street North | Arlington, VA 22201 | email: [email protected] [ mailto:[email protected] ] | phone: (703) 522-4770; (800) 344-5580

?




Powered by Higher Logic [link removed]