Also: NAFCU reiterates support for CLF: NAFCU's Thaler shares CU perspective ahead of hearing to examine FY22 budget

NAFCU Today
The News You Need Daily
 

June 23, 2021

James Carville joins NAFCU’s Congressional Caucus lineup as keynote
Credit unions are encouraged to join NAFCU’s Government Affairs Team to connect with policy makers and industry leaders during the premier credit union lobbying event of the year. NAFCU’s Congressional Caucus, held in Washington D.C. from Sept. 12-15, will also be available virtually for those not able to join us in-person. 

NAFCU reiterates support for CLF
 Yesterday, NAFCU sent a letter to the House Financial Services Committee to reiterate NAFCU’s strong support for H.R. 3958, the Central Liquidity Facility Enhancement Act, which makes the changes to the Central Liquidity Facility (CLF) in section 4016 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) permanent.

NAFCU's Thaler shares CU perspective ahead of hearing to examine FY22 budget
Ahead of the Senate Appropriations Subcommittee on Financial Services and General Government (FSGG) hearing to examine President Joe Biden's fiscal year 2022 budget proposal, NAFCU’s Brad Thaler reiterated the association’s concerns about increased reporting requirements for financial institutions present in the proposal.


TOMORROW: 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

Existing-home sales fall in May; NAFCU expects sales to remain strong in 2021
Existing home sales fell 0.9 percent in May to a seasonally adjusted annual rate of 5.80 million units. This represents a 44.6 percent increase in sales versus a year ago. In a new Macro Data Flash report, NAFCU's Curt Long noted “existing home sales dipped for their fourth consecutive month in May to a seasonally adjusted annual rate of 5.8 million, roughly at its July 2020 level.”


Your companion for navigating federal CU regulations.
Get a sneak peek inside the NAFCU CU Compliance Roadmap.


Help your board stay up to date on evolving issues
Check out a sneak peek of NAFCU's CU Director Handbook.
 
 NAFCU CALENDAR
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
JULY
1
CFPB - Seasoned Qualified Mortgage
Compliance Deadline

 
 

 

 

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