SBA
to limit PPP processing to smallest biz for 2 weeks
The Small Business
Administration (SBA) has announced it will implement an exclusive paycheck protection
program (PPP) window for small businesses with fewer than 20 employees as directed
by the Biden administration. The window will open tomorrow at 9 a.m. Eastern and end March 9 at 5 p.m. Eastern.
NAFCU's
Hunt goes to bat for CU advocacy in new op-ed
"New political
winds are blowing in our nation's capital and NAFCU is adjusting its sails
to propel our advocacy efforts forward," said NAFCU’s Carrie Hunt in a
new Credit Union Times op-ed. "With change on the horizon, NAFCU will continue
to press policymakers to provide credit unions with the ability to access every
tool in the toolbox to serve their members."
ECU
Monitor explores CUs' opinions on capital simplification
As the
NCUA considers alternatives to simplify its risk-based capital (RBC) rule, NAFCU's
new Economic & CU Monitor report – now available for download – provides
insights into credit unions' perspective on the two possible simplification mechanisms.
Build
and Strengthen Your Core Compliance Knowledge
Attend NAFCU's Virtual
Spring Regulatory Compliance School to understand credit union compliance from
A to Z.
NAFCU
builds out compliance team; new hires bring mortgage, bankruptcy experience
NAFCU announced yesterday the additions of Rebecca Harris and Keith Schostag to
the association's regulatory compliance team. Harris and Schostag bring strong
compliance experience – including backgrounds in mortgage lending and bankruptcy
– that will help credit unions navigate today's regulatory environment.
America
Saves Week kicks off with themes to encourage savings goals
America
Saves Week – an annual celebration since 2007 – kicked off yesterday, featuring
daily themes to encourage Americans to commit to saving successfully. The America
Saves pledge provides a framework that allows savers to set a goal and make a
plan to achieve better financial stability.
