Also: NAFCU responds to NCUA's renewal of PCA relief; Final rules related to CECL, capitalization of interest on NCUA agenda

NAFCU Today
The News You Need Daily
 

June 21, 2021

Berger talks NAFCU's advocacy efforts in new op-ed
In an op-ed published in CUInsight, NAFCU President and CEO Dan Berger discusses the association's commitment to securing advocacy wins for the credit union industry.

NAFCU responds to NCUA's renewal of PCA relief with recommendations
NAFCU Thursday wrote to the NCUA in response to the agency's interim final rule (IFR) renewing temporary prompt corrective action (PCA) regulatory relief for federally-insured credit unions (FICUs).

Final rules related to CECL, capitalization of interest on NCUA agenda
The NCUA Board this week is set to issue two final rules: one on the current expected credit loss (CECL) standard methodology and the second on capitalization of interest.


3 Days Away: NAFCU's State of the Industry Event
Join over 500 CUs to hear the industry's best minds dissect the current state of affairs, at our complimentary virtual event. You'll also receive a critical regulatory update from NCUA Chairman Todd Harper.

Register Now

FCC approves Report and Order related to the TRACED Act
Thursday, NAFCU monitored the June 2021 Federal Communication Commission (FCC) Open Meeting where the FCC approved a Report and Order implementing Section 10(a) of the TRACED Act.

New on the Compliance Blog: CFPB Updates RESPA FAQs, CFPB Rulemaking Agenda, Reg Z
As credit unions work to meet the needs of more than 124 million Americans during the coronavirus pandemic, NAFCU's  award-winning Regulatory Compliance Team continues to keep credit unions informed with new posts on the Compliance Blog every Monday, Wednesday, and Friday.

FFIEC releases 2020 HMDA data
The Federal Financial Institutions Examination Council Thursday announced the 2020 Home Mortgage Disclosure Act (HMDA) data has been released. Of note, in 2020 the number of reporting institutions declined due to the temporary threshold increase for HMDA filers.


NAFCU's State of the Industry Event
Hear from the CU industry's best minds as they delve deep into the data, trends and takeaways you need now to push past the pandemic, at our complimentary virtual event.


Help your board stay up to date on evolving issues
Check out a sneak peek of NAFCU's CU Director Handbook.
 
 NAFCU CALENDAR
JUNE
22
Preparing for the NCBSO Exam
Complimentary Webinar
JUNE
24
State of the Industry
A Virtual Event
JUNE
28
Federal Reserve System - Notice of Proposed Rulemaking on Debit Card Interchange Routing
Comments Due to NAFCU
JUNE
28
Federal Reserve System - Guidelines for Evaluating Account and Services Requests
Comments Due to NAFCU
JUNE
30
Protecting Member Data and Transactions by Knowing Your 3rd Party Risks
Complimentary Webinar

 
 

 

 

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