Also: May inflation rate rose to highest level since 1981

June 27, 2022

This week: NAFCU hosting webinar with CFPB, monitoring several House hearings ([link removed] )

The House and Senate are back in their districts and states for the July 4th district work period, but the House will host several virtual hearings. In addition, NAFCU will join the CFPB to host a webinar on how to assist older credit union members in avoiding fraud and financial exploitation.

NAFCU, trades urge CFPB to extend comment deadline on credit card late fees ANPR ([link removed] )

NAFCU and several trade associations Friday wrote to the CFPB requesting a 60-day extension on the bureau’s deadline for its Advance Notice of Proposed Rulemaking (ANPR) on credit card late fees that financial institutions, including credit unions, collect. The ANPR is an effort by the bureau to sharply reduce the $12 billion financial institutions collect in credit card late fees each year.

NAFCU’s Digital Assets Working Group discusses NCUA DLT guidance, CBDC, more ([link removed] )

The NAFCU Digital Assets Working Group met Friday where member credit unions and NAFCU staff discussed the NCUA’s Letter to Credit Unions on credit union use of distributed ledger technologies (DLT) in connection with permissible credit union activities. The agency heeded NAFCU’s call to adopt a form-agnostic approach to assessing how credit unions use digital assets and related technologies.

Advocate For Your Members on Capitol Hill

Don’t miss NAFCU’s Congressional Caucus! Tell lawmakers your story and have an impact in developing key credit union legislation and regulation.

Hurry! $200.00 savings ends July 15 with code CCSAVINGS!

View Agenda ([link removed] )

New home sales ‘rebound modestly’ in May ([link removed] )

New home sales grew 10.7 percent in May to 696,000 annualized units, while April saw an upward revision of 38,000 units. Compared to last year, May sales were 5.9 percent lower. NAFCU Chief Economist and Vice President of Research Curt Long analyzes the data in the latest Macro Data Flash report.

SageNet-Tree-Ad-167x300-NAFCU-Today-June27 ([link removed] )

NAFCU CALENDAR ([link removed] )

JUNE

28
5 Ways You Can Help Older Members Avoid Fraud and Financial Exploitation ([link removed] )

Webinar

JULY

12
Future of Overdraft ([link removed] )

Complimentary Webinar

JULY

13
CU Research Survey Due ([link removed] )

Topic: Data Privacy and Member Service

JULY

19
ACH 201 Bootcamp ([link removed] )

Webinar

VendorDirectoryAd_Compliance-1 ([link removed] )

CFO Summit ([link removed] )

Come network with your peers and acquire best practices to help advance your credit union even further. View agenda ([link removed] ) . Save $200.00 with code CFOSAVINGS through 7/29/2022

JOIN THE CONVERSATION:

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

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