4 things to know this week
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
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
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.
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and Strengthen Your Core Compliance Knowledge
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NAFCU
closed Monday for Presidents Day
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.