Also: NCUA urges credit unions to transition away from LIBOR by Dec. 31
NAFCU TODAY | The News You Need Daily.
May 18, 2021
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NAFCU expresses opposition to NCUA vendor authority ahead of hearing examining regulators [ [link removed] ]
Ahead of Wednesday’s oversight hearing with depository institution regulators – including NCUA Chairman Todd Harper – NAFCU’s Brad Thaler wrote to the House Financial Services Committee Monday to share the association’s perspective on several draft legislative proposals that are tied to the hearing.
NCUA urges CUs to begin LIBOR transition [ [link removed] ]
The NCUA yesterday issued a Letter to Credit Unions instructing credit unions to begin to transition away from using the London Inter-bank Offered Rate (LIBOR) and complete the process no later than Dec. 31, 2021.
NAFCU calls for support of CDFIs and MDIs ahead of hearing [ [link removed] ]
On Monday, NAFCU’s Brad Thaler sent a letter to the House Small Business Subcommittee on Economic Growth, Tax and Capital Access ahead of the Subcommittee’s hearing to examine the role of community development financial institutions (CDFIs) and minority depository institutions (MDIs) in small business lending.
NAFCU’s 2021 Roadmap helps CUs navigate complex reg landscape [ [link removed] ]
NAFCU's 2021 Credit Union Compliance Roadmap is now available to members and nonmembers. The Roadmap is the best resource available for compliance professionals – it assists credit unions in navigating through a complex regulatory environment.
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