NAFCU
meets with Google as tech company launches checking accounts
NAFCU
President and CEO Dan Berger and Executive Vice President of Government Affairs
and General Counsel Carrie Hunt met with Google executives at NAFCU's headquarters
Wednesday following the company's announcement that it will be partnering
with Citigroup and Stanford Federal Credit Union to offer checking accounts to consumers as soon as next year.
NAFCU, NCUA discuss examinations
NAFCU Wednesday met with the NCUA to discuss efforts to modernize and improve
the agency's examinations as well as other exam-related issues. Earlier this
year, NCUA Board Chairman Rodney Hood provided an update on modernizing the agency's
supervisory system and announced coordinated efforts with state regulators.
NAFCU,
Treasury meet on housing finance reform, tech issues
NAFCU met Wednesday
at the Treasury Department with Bimal Patel, assistant secretary for financial
institutions, and staff to discuss a number of high-priority credit union issues,
including housing finance reform, faster payments, cybersecurity, fintechs, and ADA.
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.
Compliance
Monitor explains stop payment, unauthorized transfer differences
In
the latest edition of NAFCU's Compliance Monitor – a free, member-only
benefit – NAFCU's Jennifer Aguilar explains regulations related to stop
payment orders and unauthorized transfers. A chart to help credit union compliance
professionals better understand when the different regulations apply is provided in the article.
Senators
introduce NAFCU-supported, bipartisan pro-vets MBL bill
Sens. Dan Sullivan,
R-Alaska, and Mazie Hirono, D-Hawaii, introduced a NAFCU-supported bill to exclude
veterans' loans from the statutory credit union member business loan cap.
A companion House-version of the bill was introduced earlier this year by a bipartisan group of representatives.
CUbroadcast
exclusive: 'NAFCU is growing by leaps and bounds'
NAFCU Vice
President of Membership and Sales Catherine Safady and Senior Member Experience
Strategist Allyson Browning joined CUbroadcast to discuss how the association
is honed in on providing extreme member service and supporting credit union growth.
NAFCU
offers support, recommendations for bills during HFSC markup
NAFCU's
Brad Thaler Wednesday offered the association's feedback on a number of bills
currently being considered by the House Financial Services Committee. The committee's
markup of nine bills, a number of which relate to debt collection issues, began yesterday and continues today.
Consumer
prices rebound in October; no rate hikes predicted this year
On a seasonally-adjusted
basis, overall consumer prices increased 0.4 percent in October following flat
inflation in September. The Bureau of Labor Statistics reported that the overall
consumer price index (CPI) grew 1.8 percent over the 12-month period.
