Also: CFPB, stakeholders discuss burdens of small biz lending data; NAFCU pledges support for savings initiatives

NAFCU Today
The News You Need Daily
 

November 7, 2019

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.

View datasheet

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.


Get future-facing strategies to intensify your credit union's growth
Attend NAFCU's Strategic Growth Conference in San Antonio. View the agenda now.


Are Your Members Who You Think They Are?
Find out what you need to look for, and how can you prevent "synthetic" individuals from becoming members of your credit union in today's webinar.

 

NAFCU CALENDAR
NOV
7
Recognizing & Responding to Elder Financial Abuse
Webinar
NOV
7
Are Your Members Who You Think They Are?
FREE Live Webinar
NOV
14
What's New and What's Next with NAFCU's Regulatory Affairs Team
Webinar
NOV
14
CECL Data Requirements for Lending Professionals
FREE Live Webinar
NOV
19
SAFE ACT: Training on the Secure and Fair Enforcement for Mortgage Licensing Act of 2008
Webinar
 

 

 

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