NCUA's
Hood announces culture council
NCUA Chairman Rodney Hood Wednesday
announced the creation of the NCUA Cultural Council to promote diversity, inclusion,
and equity (DEI) within the agency during its Credit Union Diversity, Equity,
and Inclusion Summit. NAFCU Director of Regulatory Affairs Ann Kossachev attended
the event and led a think-tank exercise to generate conversation and solutions
to existing and emerging challenges related to advancing DEI.
CFPB
symposium addresses small biz lending concerns
Concerns about regulatory
burdens added to both small businesses and the financial institutions that lend
to them were discussed Wednesday at the CFPB symposium focused on Section 1071
of the Dodd-Frank Act, which requires the bureau to collect data related to small
business lending. Bureau Director Kathy Kraninger acknowledged these concerns
while emphasizing the need to better understand small business lending.
NAFCU
pledges to support savings initiatives
At the America Saves Summit
Wednesday, NAFCU pledged to promote programs and resources designed to help Americans
save. NAFCU consistently shares credit unions' financial education efforts
to help members reach their financial goals and was the only financial services
industry trade to join the pledge at the event.
2019 NAFCU Accomplishments
We are proud to
serve over 51% of the industry's assets! Thanks for joining us in our journey
of growth. See more of what we achieved together this year.
Children's
National Hospital recognizes CUs' support
The Maryland and DC
Credit Union Association and Children's National Hospital held a ribbon cutting
Wednesday to unveil the Capital Area Credit Unions Waiting Area in the hospital's Emergency Department.