Also: 3 cybersecurity issues to be aware of; Behind-the-scenes look at NAFCU's NDAA efforts Oct. 15

NAFCU Today
The News You Need Daily
 

October 8, 2019

Supreme Court denies certiorari in Domino's ADA suit
The Supreme Court yesterday decided against hearing an appeal from Domino's Pizza, leaving in place the U.S. Court of Appeals for the Ninth Circuit's ruling that Americans with Disabilities Act (ADA) requirements are applicable to websites and mobile applications.

3 things to know during cybersecurity month
Cybersecurity is a top concern for the credit union industry year-round, but the issue receives special focus in October, which is recognized as National Cybersecurity Awareness Month. Here are three things credit unions should be aware of to help the industry effectively prepare for and address cyber threats.

Register now: Latest NDAA efforts to be covered during Oct. 15 member call
In just one week, NAFCU President and CEO Dan Berger and senior leaders of the association's award-winning advocacy team will give members an update on key credit union issues, including NAFCU's efforts on Capitol Hill to ensure a provision that could allow banks to receive free rent on military bases is not included in the final FY2020 National Defense Authorization Act.


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!

Learn More

How to avoid losing money on lender credits
Under Regulation Z of the Truth in Lending Act, credit unions are obligated to fulfill lender credits disclosed on the loan estimate even if the closing cost is lower than the credit union's loan estimate. NAFCU Regulatory Compliance Counsel Loran Jackson explains how credit unions can reduce the risks of losing money on lender credits in a new post on the Compliance Blog.

Learn to navigate risks with special webinar package
In order to help credit unions stay up-to-date on emerging risks and better protect their institutions, NAFCU this week launched a new webinar package focused on risk management. The package – featuring four webinars at a discounted price – covers key issues such as the current expected credit loss (CECL) standard, internal fraud, and more.

NCUA extends CDFI application deadline
The NCUA is extending the deadline to Nov. 30 for credit unions to use the agency's streamlined application to become certified Community Development Financial Institutions (CDFI). This will be the final opportunity for credit unions to take advantage of the streamlined process in 2019.

MLI teaches key communication, management skills
Today, NAFCU's Management and Leadership Institute (MLI) is offering up-and-coming credit union executives the opportunity to grow their leadership skills with sessions focused on influential communication, financial management, and more.


Free call-in for NAFCU members on October 15
Join us as we review updates on housing finance reform, NCUA capital rules and the FY 2020 National Defense Authorization Act.


Keeping Up with Payments: How to Manage Risk in Real Time
Get an overview of the trends and transformation in the payments arena.

 

NAFCU CALENDAR
OCT
7-11
Management and Leadership Institute
San Antonio, TX
OCT
8
NACHA Update
Webinar
OCT
9
Keeping Up with Payments: How to Manage Risk in Real Time
FREE Live Webinar
OCT
9
The Customer Identification Program (CIP) and Customer Due Diligence (CDD) Rules
Webinar
OCT
10
CECL Auditing Part 2: Forecasts and Calculations
FREE Live Webinar
 

 

 

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