NAFCU,
CU trades reiterate industry concerns as House Armed Services Subcommittees begin markup of NDAA
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
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
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.
Watch James Carville keynote
Congressional Caucus
Hear from political strategist James Carville
as he delves deep into the current state of affairs, reviews best practices for
achieving progress during congressional gridlock, and discusses navigating a 50-50
Senate.
NAFCU
announces new 2021-2022 board
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.
