NAFCU
reiterates need for long-term CLF accessibility
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
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
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.
3rd
Edition Now Available: NAFCU's Credit Union Director Handbook!
Give
your board members a boost with the perfect resource to help them fulfill their
duties.
Program Underwritten by Gallagher
