Also: Finalized uniform data protection act presented at NAFCU-attended ULC meeting; CUs: Share insights on interchange via survey.
NAFCU TODAY | The News You Need Daily.
June 8, 2021
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NAFCU urges House leaders to support efforts to overturn harmful true lender rule [ [link removed] ]
NAFCU’s Brad Thaler Monday wrote to House Speaker Nancy Pelosi, D-Calif., and House Minority Leader Kevin McCarthy, R-Calif., along with all House members, to call for support of a resolution to overturn the Office of the Comptroller of the Currency's (OCC) true lender rule using the Congressional Review Act (CRA). Last month, the Senate voted in favor of repealing the rule.
Finalized uniform data protection act presented at NAFCU-attended ULC meeting [ [link removed] ]
On Friday, NAFCU Regulatory Counsel Dale Baker attended a virtual meeting where the Uniform Law Commission’s (ULC) Uniform Personal Data Protection Act (UPDPA) drafting committee presented the finalized UPDPA.
CUs: Share insights into interchange via NAFCU's ECU Monitor survey [ [link removed] ]
Credit unions are encouraged to share their insights and perspectives on interchange by participating in this month's Economic & CU Monitor survey. Responses to the survey are due Thursday; the survey can be filled out online.
Q1 call report data reveals continuing industry gain [ [link removed] ]
In the face of an ongoing pandemic, membership at federally-insured credit unions continued to grow in the first quarter of 2021 – reaching 125.7 million – according to the NCUA's latest call report data. In addition, total assets rose by 19.0 percent over the quarter to $1.95 trillion.
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