Also: GAO's FinCEN report detailed in Compliance Blog; NAFCU's CU leadership institute kicks off today
NAFCU TODAY | The News You Need Daily.
October 7, 2019
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This week: NAFCU invites CUs to advocate amid congressional recess [ [link removed] ]
Lawmakers remain in their home districts and states for the final week of their two-week recess as NAFCU keeps up advocacy efforts amid ongoing attacks from bankers and efforts to obtain nominal leases for banks on military bases. House and Senate conferees are expected to continue discussions on reconciling the final version of the National Defense Authorization Act for fiscal year 2020 when they return to Washington.
GAO's FinCEN report detailed in Compliance Blog [ [link removed] ]
In Friday's Compliance Blog post, NAFCU Regulatory Paralegal Shari Pogach explores a recent report from the U.S. Government Accountability Office (GAO) that included recommendations to the Financial Crimes Enforcement Network (FinCEN) to share more information about the Bank Secrecy Act (BSA) data it collects.
Future CU leaders work toward next level at NAFCU's MLI [ [link removed] ]
NAFCU's sold-out Management and Leadership Institute (MLI) – which offers up-and-coming credit union leaders the opportunity to learn from the industry's most successful CEOs and experts – kicks off today with a full-day workshop led by leadership guru John Spence.
NAFCU economist: 'Mediocre' jobs report could mean another rate cut [ [link removed] ]
September's job report fell below expectations with only 136,000 jobs added even as the unemployment rate dropped to 3.5 percent. NAFCU Chief Economist and Vice President of Research Curt Long described the report as "mediocre…which will give the [Federal Open Market Committee (FOMC)] plenty to chew over as it considers another rate cut."
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