Also: NAFCU shares thoughts on FOM, Reg E, Interchange ahead of megabank oversight hearing

September 21, 2022

Berger underscores major concerns around House version of CCCA ([link removed] )

NAFCU President and CEO Dan Berger Tuesday sent a letter to the House, voicing major opposition to the recently introduced House version of the Credit Card Competition Act of 2022 (CCCA). Berger explained why the House companion, led by Representatives Peter Welch, D-Vt., and Lance Gooden, R-Texas, poses the same risks to consumers and Main Street as its Senate counterpart.

NAFCU shares thoughts on FOM, Reg E and Interchange ahead of megabank oversight hearing ([link removed] )

NAFCU Senior Vice President of Government Affairs Greg Mesack wrote to the House Committee on Financial Services ahead of the hearing titled “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.”

NAFCU, trades write to Senate Armed Services Committee to share CU concerns on NDAA ([link removed] )

NAFCU Tuesday joined the Defense Credit Union Council and CUNA in a letter to the Senate Armed Services Committee (SASC) vocalizing credit union concerns with potential amendments that could be added to SASC’s version of the fiscal year 2023 National Defense Authorization Act (NDAA) of the final NDAA conference report. Throughout the letter, the group reiterated opposition to language that would provide the NCUA with third-party vendor authority, while supporting the inclusion of the Secure and Fair Enforcement (SAFE) Banking Act, the Central Liquidity Facility Enhancement Act, and the Fair Hiring in Banking Act.

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New insights posts dives into NAFCU’s Large CU Summit ([link removed] )

In the latest insight post on NAFCU’s ONES + CFPB Supervision Network, NAFCU Vice President of Regulatory Affairs Ann Petros shares a recap of last week’s Fall Large Credit Union Summit. The event brought together credit union leaders to discuss key issues affecting their institution and the industry as a whole.

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NAFCU CALENDAR ([link removed] )

SEPT

20 - 22
CFO Summit ([link removed] )

Annapolis, MD

SEPT

26
NCUA - Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts ([link removed] )

Comments Due to NAFCU

SEPT

27 - 29
Regulatory Compliance & BSA Seminar ([link removed] )

Louisville, KY

SEPT

29
Coming Soon: CECL ([link removed] )

Webinar

NAFCU Vendor Directory - Digital and Online Banking ([link removed] )

Final Days to Earn Your NCCO from Your Home or Office ([link removed] )

Sales close next week, September 30! Register for NAFCU’s Regulatory Compliance School On-Demand now to boost your compliance knowledge and career.

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

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