Also: Berger details key reforms for NCUA to finalize; Harper set to discuss NCUSIF, FOM, more during hearing
NAFCU TODAY | The News You Need Daily.
May 19, 2021
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NAFCU, others reiterate opposition to adding lease provisions to NDAA [ [link removed] ]
Though the Senate Armed Services Committee has announced it would delay the markup of the fiscal year 2022 National Defense Authorization Act (NDAA) until July and the House Armed Services Committee has indicated that they will not tackle their version until September, NAFCU has reignited its advocacy to keep changes to the lease provisions out of the bill. In letters sent yesterday to both committees, NAFCU reiterated the association's longstanding call to protect credit union nominal leases on military installations and prevent efforts to allow all banks to operate rent-free on military bases.
NAFCU to NCUA: Modernization, reforms needed to ensure healthy industry [ [link removed] ]
NAFCU President and CEO Dan Berger wrote the NCUA Board Tuesday detailing several of the association's priorities to ensure credit unions can effectively support members recovering from the coronavirus pandemic while maintaining the integrity and health of the industry.
Today: NCUA's Harper set to testify on NCUSIF, FOM, CLF, more [ [link removed] ]
The House Financial Services Committee today will hear from NCUA Chairman Todd Harper – as well as leaders from the FDIC, Federal Reserve, and Office of the Comptroller of the Currency (OCC) – to explore oversight of the financial services industry and efforts to ensure consumers have access to safe, affordable products and services.
NAFCU seeks CU insights to bolster State of the Industry discussions [ [link removed] ]
Ahead of the State of the Industry, NAFCU is currently seeking credit union feedback on key issues, including outlook for loan demand, share growth, earnings challenges, and expectations for remote work. NAFCU’s State of the Industry brings credit union leaders, industry experts, and NAFCU's award-winning staff together for a discussion on trends, strategies, and legislative and regulatory developments to help the industry thrive.
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