From NAFCU Today <[email protected]>
Subject HFSC to markup NAFCU-opposed overdraft legislation today
Date June 14, 2022 11:07 AM
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Also: FOMC begins June meeting

June 14, 2022

NAFCU to HFSC: Overdraft Protection Act could be problematic for consumers ([link removed] )

NAFCU Vice President of Legislative Affairs Brad Thaler wrote to the House Financial Services Committee prior to its markup today, where the Committee will discuss the NAFCU-opposed Overdraft Protection Act, which would significantly limit overdraft protection programs and the ability to assess (NSF) nonsufficient fund fees. The association supports a fair, transparent, and competitive market for consumer financial services, but has previously cautioned that legislative efforts to eliminate or limit overdraft protection programs would likely result in significant negative impacts on borrowers and credit unions.

Fed to discuss inflationary pressures, rate hikes, more ([link removed] )

The Federal Open Market Committee (FOMC) - the Fed’s monetary-policy setting arm – begins its June meeting today and is expected to discuss several topics of interest to credit unions.

NAFCU outlines data privacy principles ahead of hearing ([link removed] )

NAFCU Vice President of Legislative Affairs Brad Thaler Monday wrote to the House Energy and Commerce Subcommittee on Consumer Protection and Commerce ahead of today's hearing where federal data privacy and security standards will be discussed. In the letter, Thaler outlined the association's series of data privacy principles, calling on the subcommittee to utilize them as they work to develop a path forward on comprehensive federal data privacy legislation.

NAFCU’s Congressional Caucus

Protect your members by advocating on their behalf on Capitol Hill. Register today!

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NAFCU CALENDAR ([link removed] )

JUNE

14
The State of Lending: Long term Risks and Opportunities ([link removed] )

Complimentary Webinar

JUNE

16
Retaining Women in The Workplace
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Webinar

JUNE

21
Commerce - Developing a Framework on Competitiveness of Digital Asset Technologies ([link removed] )

Comments Due to NAFCU

JUNE

21
ACH 101 Bootcamp
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Webinar

VendorDirectoryAd_Compliance ([link removed] )

CFO Credit Union Summit ([link removed] )

Come network with your peers and acquire best practices to help advance your credit union even further. Here’s a sneak peek of the agenda ([link removed] ) . Save $200.00 with code CFOSAVINGS through 7/29/2022.

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National Association of Federally-Insured Credit Unions. 3138 10th St N Arlington, Virginia 22201

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