Also: NCUA Board delays RBC; What CU leaders need to know about gov't funding, cyber threats



NAFCU TODAY | The News You Need Daily.

December 13, 2019



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Appeals court strikes down ABA’s request for FOM lawsuit rehearing [ [link removed] ]
In a win for the NCUA and its 2016 field of membership (FOM) rule, the U.S. Court of Appeals for the D.C. Circuit denied a rehearing en banc in the case American Bankers Association v. NCUA. 


NCUA Board approves RBC delay, proposed budgets [ [link removed] ]
A win for credit unions, the NCUA Board Thursday passed a final rule to delay the implementation of its risk-based capital (RBC) rule by two years to Jan. 1, 2022. The board also voted to pass the agency's 2020 and 2021 budgets.


5 things CU leaders need to know [ [link removed] ]
NAFCU's widely-read NAFCU Today is credit union leaders' go-to source for the latest on issues impacting the credit union industry. For those short on time, here's a roundup of this week's need-to-know news bits.






NAFCU to Congress: Protect small lenders, act on housing finance reform [ [link removed] ]
Following Federal Housing Finance Agency (FHFA) Director Mark Calabria's recent announcement that the agency plans to issue a re-proposed rule setting capital requirements for the Government-Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac early next year, NAFCU's Brad Thaler reiterated the association's call for legislative action on housing finance reform in a letter to lawmakers.


NAFCU's Berger, Hunt, and Thaler recognized as top lobbyists in The Hill [ [link removed] ]
NAFCU President and CEO Dan Berger, Executive Vice President of Government Affairs and General Counsel Carrie Hunt, and Vice President of Legislative Affairs Brad Thaler were named top association lobbyists for 2019 by The Hill, a daily newspaper covering Congress and Washington, D.C.


Compliance Blog outlines NCUA expansion on public unit and nonmember share limits [ [link removed] ]
NAFCU Regulatory Compliance Counsel Reginald Watson breaks down the final rule that introduces an increase to the amount of public unit and nonmember shares that federally insured credit unions (FICUs) may accept. The final rule, which was adopted during the agency's October board meeting, is set to take effect Jan. 29, 2020.



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