This
week: NAFCU invites CUs to advocate amid congressional recess
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
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
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.
NEW: Risk Management
Webinar Package!
Access four on-demand webinars that cover internal
fraud, CECL, business continuity and strategic technology planning for 40% off.
Limited Time Only!
NAFCU
economist: 'Mediocre' jobs report could mean another rate cut
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."