Also: 5 things to know this week; NAFCU issues Final Reg on NCUA's capitalization of interest rule



NAFCU TODAY | The News You Need Daily.

July 2, 2021



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NAFCU to regulators: CUs are committed to responsible AI innovation [ [link removed] ]
In response to a request for information regarding credit unions use of artificial intelligence (AI) from the federal financial regulators – including the NCUA – NAFCU submitted comments detailing how credit unions leverage AI.


4 things to know this week [ [link removed] ]
NAFCU's widely-read NAFCU Today is credit union leaders' go-to source for the latest on issues impacting the credit union industry. For those short on time, here's a roundup of this week's top need-to-know updates and resources.


NAFCU issues Final Reg on NCUA's capitalization of interest rule [ [link removed] ]
NAFCU Thursday sent a Final Regulation Alert to members breaking down the NCUA’s final rule that ends the prohibition against the capitalization of interest in connection with loan workouts and modifications. The association's Final Regulation Alerts are member-only resources that feature full text and easy to read summaries for final rulemakings affecting credit unions.






NAFCU, trades offer insights on ULC's finalized uniform data protection act [ [link removed] ]
NAFCU joined with several other organizations Thursday to provide insights on Uniform Law Commission's Uniform Personal Data Protection Act (UPDPA). The finalized UPDPA was presented by its drafting committee during a NAFCU-attended ULC meeting last month.


New on the Compliance Blog: SBA lending, CTR exemptions, advance child tax credits [ [link removed] ]
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.



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NAFCU Calendar: [link removed]





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