NAFCU
gathers industry leaders, launches ONES + CFPB Supervision Network at Large CU Summit
NAFCU hosted its Large Credit Union Summit Tuesday, which brought together several
member credit union leaders to talk about the most important issues affecting
their institutions and industry. In addition, the group heard from CFPB and NCUA representatives.
NAFCU
recommends more ways to ensure maximum efficacy of small biz programs
The House Small Business Committee today is holding an oversight hearing to examine
the Small Business Administration’s (SBA) COVID-19 relief programs and consider
next steps to further support small businesses. Ahead of the hearing, NAFCU's
Brad Thaler sent a letter on how to strengthen the PPP and other small business lending programs.
NAFCU
cautions against 'unintended consequences' of credit reporting changes
Ahead of today's House Financial Services subcommittee hearing on consumer
credit reporting, NAFCU's Brad Thaler highlighted the importance of accurate
credit reporting – for consumers and financial institutions – but cautioned
lawmakers on making changes in an attempt to provide relief amid the coronavirus
pandemic that could have "unintended consequences."
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
NAFCU
Board election ballots sent today; Grinnell reelected to board
The
official ballots for voting in NAFCU's 2021 board election are being sent
to members today. The deadline for returning the ballots is June 9.
ECU
Monitor explores impact of climate-related events on CU portfolios
NAFCU's new Economic & CU Monitor report – now available for download –
takes a look at the impact of climate-related events on credit union portfolios,
as the impact of climate change on the economy and financial system has become
a more visible risk management consideration for financial regulators.
Despite
decline in April, new-home sales remain strong
New home sales dipped
5.9 percent from March's downwardly revised rate of 917,000 annualized units
to 863,000 units in April. Sales were up 51.4 percent versus April 2020, according
to data in a new Macro Data Flash report.