Federal Reserve Gov. Michelle Bowman announced Wednesday that the Fed intends to launch its instant payment network – FedNow – by mid-2023, calling implementation a “high priority.”
NAFCU, along with several trade associations, Wednesday submitted comments on the Federal Communications Commission’s (FCC) further notice of proposed rulemaking aimed at reducing harmful, illegal robocalls while minimizing the blocking and mislabeling of legitimate calls.
Yesterday NAFCU concluded its Virtual Risk Management Seminar, designed to equip credit unions with the skills and tools needed to better identify, assess, and manage risk at an enterprise level. During the three-day event, attendees acquired current risk management methodologies and implementation of best practices to help keep credit unions safe.
Adapt and Grow Your Lending Pipeline
Attend NAFCU’s Lending Conference, November 8-10, to get lending’s latest trends, best practices, strategies and tactics.
Existing home sales fell at an accelerated rate of 5.9 percent in July to a seasonally-adjusted annualized rate of 4.81 million units. This represents a 20.2 percent decrease in sales compared to last year. NAFCU Chief Economist and Vice President of Research Curt Long analyzes the data in the latest Macro Data Flash report.
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 top need-to-know updates and resources.