From NAFCU Today <[email protected]>
Subject See key updates from NCUA chairman's webinar, IRS rule, COVID relief efforts
Date February 12, 2021 12:00 PM
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Also: Final rule on share accounts, SIF briefing on NCUA agenda; Compliance Blogs tackle CFPB highlights, MLA lawsuit



NAFCU TODAY | The News You Need Daily.

February 12, 2021



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4 things to know this week [ [link removed] ]
NAFCU's widely-read NAFCU Today is credit union leaders' go-to source for the latest on issues impacting the credit union industry. For those short on time, here's a roundup of this week's top need-to-know news, including insights into NCUA Chairman Todd Harper's webinar on priorities, details on the IRS' final rule related to taxing executive compensation, and more.


Joint ownership share accounts rule, two board briefings on NCUA Board agenda [ [link removed] ]
The NCUA Board next week is set to issue a final rule on joint ownership share accounts, providing parity with changes made for banks by the FDIC in 2019. NAFCU has previously offered support for the proposal and sent members a Regulatory Alert to break down the proposed rule's highlights.


This week on the Compliance Blog: CFPB supervisory highlights, MLA class action [ [link removed] ]
As credit unions work to meet the needs of more than 123 million Americans during the coronavirus pandemic, NAFCU's award-winning Regulatory Compliance Team continues to keep credit unions informed with new posts on the Compliance Blog every Monday, Wednesday, and Friday.






NAFCU closed Monday for Presidents Day [ [link removed] ]
NAFCU's offices will be closed Monday in observation of Presidents Day, but credit unions can still access the association's website for resources and upcoming events. Of note, credit unions can save $300 on NAFCU's Online Training Center subscriptions with promo code NEWYEAR through Feb. 26.



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