Also: NAFCU engaged ahead of NCUA meeting, Hill hearings; SECNY uses community involvement in financial literacy
NAFCU TODAY | The News You Need Daily.
April 19, 2021
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NCUA renews PCA relief [ [link removed] ]
Ahead of this week's meeting, the NCUA Board approved by notation vote an interim final rule (IFR) on prompt corrective action (PCA) to provide temporary regulatory capital relief to federally-insured credit unions (FICUs). A previous IFR expired at the end of last year and NAFCU had urged the agency to extend this relief.
This week: NCUA Board meets, CU advocacy remains top of mind for NAFCU [ [link removed] ]
NAFCU continues to advocate for credit unions to have access to important regulatory and legislative tools and flexibilities that will help them move forward through the pandemic and beyond. Of note this week, the association will monitor the NCUA Board meeting Thursday and update credit unions via NAFCU Today following the meeting.
Financial Literacy Month: SECNY community partnerships extend reach [ [link removed] ]
NAFCU is recognizing its member credit unions during April's Financial Literacy Month for their outstanding efforts helping working Americans achieve sustainable financial success. This week, we'll share how SECNY Federal Credit Union uses financial education to build relationships with community organizations and members.
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NAFCU Calendar: [link removed]
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