Also: See what virtual events, trainings CUs can take advantage of in June; NCUA details QM delay
NAFCU TODAY | The News You Need Daily.
May 25, 2021
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NAFCU reiterates need for long-term CLF accessibility [ [link removed] ]
In response to the NCUA's interim final rule (IFR) to extend enhancements to the Central Liquidity Facility (CLF) made first by the CARES Act and provided by the Consolidated Appropriations Act, NAFCU's Andrew Morris reiterated the need to ensure access long term.
Roundup of upcoming virtual education, training events from NAFCU [ [link removed] ]
Next month NAFCU is offering several valuable virtual events, including the State of the Industry to bring 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. Webinars will also be held on a wide array of topics, including peer-to-peer transactions, workplace harassment, Bank Secrecy Act (BSA) training, and more.
NCUA details QM delay impact on CUs [ [link removed] ]
The NCUA Monday issued a Regulatory Alert on the delayed compliance date of the CFPB's qualified mortgage (QM) rule. The mandatory compliance date of the rule was recently delayed from July 1, 2021 to Oct. 1, 2022.
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NAFCU Calendar: [link removed]
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