NAFCU's Chief Economist and Vice President of Research Curt Long, Senior Vice President of Government Affairs Greg Mesack, and Senior Counsel for Policy and Research Andrew Morris joined several NAFCU member credit unions Wednesday for a meeting with Federal Reserve Bank of Atlanta officials, including President Raphael Bostic, Vice President and Community Affairs Officer Karen Leone de Nie and Vice President, Regional Executive Reginald (Reggie) Chever, Vice President Strategy Business Services, Alex Romeo, Vice President Supervision and Regulation, John Pelick, Assistant Vice President Risk Forum, Jessica Washington, Community and Economic Development Advisor, Julie Siwicki. The meeting, which took place in Atlanta, Ga., gave the credit unions an opportunity to discuss trends in the industry, including financial inclusion, a central bank digital currency (CBDC), and faster payments.
The September-October edition of The NAFCU Journal is available now and includes a feature article providing insights from NAFCU’s new Board Chair Gary Grinnell. Content from this issue can be viewed anytime on the magazine’s virtual hub.
A new insight post on NAFCU’s CFO Network invites NAFCU 2022 Congressional Caucus attendees to join a NAFCU-hosted panel on implementation of the current expected credit loss (CECL) methodology, which will be taking place in-person at the event.
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Get a sneak peek inside the NAFCU Compliance Roadmap: the must-have, electronic resource for all credit union compliance professionals.
The NCUA in August issued one prohibition order, forbidding an individual previously associated with credit unions from any future participation in the affairs of a federally-insured financial institution.
As credit unions work to meet the needs of more than 131 million Americans, NAFCU's award-winning regulatory compliance team continues to keep credit unions informed with new posts on the Compliance Blog, published every Monday and Wednesday.
