Also: FOMC minutes released; CFPB issues consumer complaint bulletin

NAFCU Today
The News You Need Daily
 

July 8, 2021

Upcoming virtual BSA School takes CUs BSA/AML compliance to the next level
Credit union compliance professionals are encouraged to attend NAFCU's upcoming Virtual BSA School where attendees will be equipped with the information needed to understand the core Bank Secrecy Act (BSA) regulations impacting credit union operations.

FOMC minutes reveal strong demand, vaccination rates are building economic optimism
Minutes from the Federal Open Market Committee's (FOMC) June videoconference meeting revealed building economic optimism, with a vast majority of participants revising up their predictions for real GDP growth this year – compared to the projections they submitted in March – citing stronger consumer demand and improvements in vaccination rates as the primary reasons.

CFPB bulletin highlights coronavirus-related consumer complaints
The CFPB last week issued its July consumer complaint bulletin which highlights COVID-19 issues that have been described in various consumer complaints. Of note, the bulletin addresses federal student loan relief, economic impact payments (EIPs), and evictions protections.


Save $250 on Critical CU Training
Use code SUMMER by 7/23 to save $250 on any of NAFCU's Online Training Subscriptions. Your entire CU will receive year-round access to critical regulatory updates and training.

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Advocate for your members on Capitol Hill
Use your voice to push credit unions forward. Join us September 12 – 15, in Washington, DC or virtually from your home or office for NAFCU's Congressional Caucus. Register Now.


Save $250 on Critical CU Training
Use code SUMMER by 7/23 to save $250 on any of NAFCU's Online Training Subscriptions. You'll receive year-round access to critical regulatory updates and training for your staff and board.
 
 NAFCU CALENDAR
JULY
8
Remaining Relevant: Critical Risks and Opportunities for the Future
Webinar
JULY
12
NCUA - Policy for Setting the Normal Operating Level
Comments Due to NAFCU
JULY
13
Fair Lending - What Your Board Needs to Know
Webinar
JULY
13
How PenFed is Delivering Point of Sale (POS) Lending
Complimentary Webinar
JULY
14
CU Research Survey Due
Topic: Tax Reporting/BSA

 
 

 

 

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