NAFCU
rep testifies on need for level playing field
Today, NAFCU-witness
Carlos Pacheco will testify before a House Financial Services subcommittee to
share credit unions' recommendations for a fair and level playing field with
fintech companies. NAFCU is leading efforts to alert policymakers and consumers
to the growing issue of financial technology companies applying to become a bank
or acquiring a bank. Pacheco, CEO of Premier Members Credit Union (Boulder, Colo.),
is the only financial institution representative testifying today.
Beige
Book reveals moderate acceleration in economic activity
The Federal
Reserve's Beige Book, released Wednesday, revealed national economic activity
accelerated at a moderate pace from late February to early April as consumer spending strengthened.
NAFCU
offers support for efforts to ease LIBOR transition
As the London Interbank
Offered Rate (LIBOR) is set to stop publishing at the end of this year, a House
Financial Services subcommittee is holding a hearing today to discuss the transition
to an alternative interest rate calculation for various financial products. NAFCU
Vice President of Legislative Affairs Brad Thaler offered support for efforts to ease the transition.
CEOs
and Senior Executives Conference
Gain insights from growth-oriented
executives and industry thought leaders as they outline today and tomorrow's most
impactful forces affecting your credit union.
NCUA
releases 2020 report on diversity, inclusion
The NCUA Wednesday released
its Office of Minority and Women Inclusion (OMWI) 2020 Annual Report to Congress,
highlighting the agency's efforts to advance diversity, equity, and inclusion
(DEI) in its workforce and the industry.
NAFCU
secures more space for CEOs Conference
Still considering your attendance
at NAFCU's CEOs and Senior Executives Conference? With strong demand, the
association has secured additional overflow space in Key West, Fla., for those
wanting to attend in person and watch all sessions via livestream. In addition,
virtual registration is also available for this conference, happening May 12-14.
Compliance
culture, strategic planning wrap-up Board of Directors Conference
NAFCU's
Virtual Board of Directors and Supervisory Committee Conference wraps up today
with sessions focused on establishing a culture of compliance at credit unions
and effective strategic planning. To end the conference, Lt. Col. Jason Harris
will offer attendees insights into leadership and teamwork during his keynote
address. Get a preview of Harris' message here.
