NAFCU
bucks bank group's attempt to stifle CU competition
Pushing back
against a newly launched, anti-credit union "campaign" by the Independent
Community Bankers Association (ICBA), NAFCU President and CEO Dan Berger immediately
hit back at the ICBA's shady attempt to stifle credit union competition.
NAFCU
rep testifies on CUs' diversity, outreach efforts
Today, NAFCU-witness
Mara Falero will testify before a House Financial Services subcommittee on the
important role minority depository institutions (MDIs) have in serving diverse
and underserved communities, and the economy as a whole. Falero is the vice president
of marketing and communications at JetStream Federal Credit Union (Miami Lakes,
Fla.), which is a certified MDI and community development financial institution (CDFI).
NAFCU
calls for protections as committee reviews housing finance reform
The
House Financial Services Committee today will hear from key decision makers on
the impact of the Trump administration's housing finance reform plans. Ahead
of the hearing, NAFCU's Brad Thaler reiterated the association's housing
finance reform principles and called for congressional action to guarantee certain elements.
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Berger
among leaders invited to global event on digital economy
NAFCU President
and CEO Dan Berger yesterday attended the Global Inclusive Growth Summit hosted
by Mastercard – a NAFCU Services Preferred Partner – and The Aspen Institute.
The invite-only event brought together purpose-driven leaders from the private
sector, government, and non-profits to explore challenges and strategies in building an inclusive digital economy.
CFPB
to hold symposium on small biz data collection
The CFPB announced last
week that it will host a symposium on Section 1071 of the Dodd-Frank Act, which
requires the bureau to collect data on lending to small businesses. NAFCU has
previously urged the bureau to exempt credit unions from rulemakings related to
data collection and reporting on small business lending as the industry is subject
to strict limits on member business lending.
