From NAFCU Today <[email protected]>
Subject SBA issues statement on PPP closure
Date June 2, 2021 11:00 AM
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Also: NAFCU committee discusses interchange; CUs encouraged to submit feedback via survey



NAFCU TODAY | The News You Need Daily.

June 2, 2021



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SBA announces closure of PPP [ [link removed] ]
​On Tuesday, the U.S. Small Business Administration (SBA) provided a statement on the closure of the paycheck protection program (PPP) -- the PPP was scheduled to end on May 31. As the industry's Washington Watchdog, NAFCU has been committed to ensuring credit unions have all the resources needed to effectively participate in the program since its launch.




NAFCU cybersecurity and payments committee discusses interchange, digital currency [ [link removed] ]
​NAFCU's Cybersecurity and Payments Committee met yesterday to discuss the latest developments on interchange, the Federal Reserve issuing a request for comment (RFC) to seek input on proposed guidelines for evaluating requests for accounts and services at Federal Reserve Banks, central bank digital currency, and more. 




Reminder: Share industry perspective on key issues ahead of NAFCU event [ [link removed] ]
Credit unions are encouraged to reflect on lessons learned and challenges still facing the industry as a result of the coronavirus pandemic by participating in the five-minute NAFCU State of the Industry pre-conference survey. The results of the survey will be unveiled and discussed June 24 during NAFCU's State of the Industry – a landmark virtual event that will 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. 








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NAFCU Calendar: [link removed]





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