Also: FOMC begins its July meeting today; Latest ECU Monitor tackles BSA/AML trends



NAFCU TODAY | The News You Need Daily.

July 28, 2021



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NAFCU, CU trades reiterate industry concerns as House Armed Services Subcommittees begin markup of NDAA [ [link removed] ]
NAFCU President and CEO Dan Berger, along with the heads of the Defense Credit Union Council (DCUC) and CUNA, wrote to the House Armed Services Committee ahead of their subcommittee markups of the fiscal year 2022 National Defense Authorization Act (NDAA) this week to reiterate the association's longstanding call to prevent efforts to allow all banks to operate rent-free on military bases.


Fed expected to hold rates during July meeting [ [link removed] ]
The Federal Open Market Committee (FOMC) – the Fed's monetary-policy setting arm - begins its July meeting today and is expected to hold the federal funds target rate range at its current 0 percent to 0.25 percent for the foreseeable future. The rate has remained at its current level since March 2020.


Latest ECU Monitor explores BSA/AML trends [ [link removed] ]
NAFCU's new Economic & CU Monitor report – now available for download – takes a look at current Bank Secrecy Act (BSA)/anti-money laundering (AML) compliance trends.






NAFCU announces new 2021-2022 board [ [link removed] ]
NAFCU yesterday announced its 2021-2022 Board of Directors following its Annual Business Meeting held both at the association's headquarters in Arlington, Va., and virtually.



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NAFCU Calendar: [link removed]





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