NCUA
diversity, inclusion summit set for Nov. 6
"Credit unions are
stronger, and they serve their members and communities better, when they promote
greater diversity, equity, and inclusion as part of their business model,"
NCUA Chairman Rodney Hood said in a release announcing the agency's first
Credit Union Diversity, Equity, and Inclusion Summit.
Compliance
Blog highlights CFPB's one-click away rule, supervisory activities
NAFCU Regulatory Compliance Counsel David Park breaks down the CFPB's one-click
away rule, which was highlighted in the bureau's 19th edition of its supervisory
activities highlights, in a new post on the Compliance Blog. The report – released
by the bureau last month – provides insights into auto loan origination, credit
card account management, debt collection, furnishing, and mortgage origination.
Cybersecurity
headlines risk, reg compliance seminars
Cybersecurity challenges –
from data privacy to ensuring safe systems – are the focus of NAFCU’s Risk
Management Seminar and Regulatory Compliance Seminar today. These issues are top
of mind as October is National Cybersecurity Awareness Month.
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Auto
sales 'remarkably stable,' says NAFCU economist
Auto sales
increased to 17.2 million annualized units in September, continuing a streak from
2015 that NAFCU Chief Economist and Vice President of Research Curt Long described
as "remarkably stable…despite a large shift in consumer preferences from autos to light trucks."
