Also: NAFCU holds its Q3 Member Webinar today

October 4, 2022

Fed announces Regulation II final rule ([link removed] )

The Federal Reserve on Monday issued a final rule on Regulation II -– which covers debit card interchange fees and network routing exclusivity – requiring all debit card issuers to enable and allow merchants to choose from at least two unaffiliated networks for card-not-present (CNP) transactions, such as online purchases. NAFCU previously wrote to the Fed, urging the agency to withdraw the modification, stating that that this change will produce a negative impact on credit unions.

Happening today: NAFCU’s Q3 Member Webinar, election preview ([link removed] )

There is still time to register for NAFCU's Q3 Member Webinar – happening today at 4:00 p.m. Eastern – where credit unions can join NAFCU President and CEO Dan Berger and other association leaders to learn about the latest happenings in Washington that impact credit unions, including a recap of the 2022 Congressional Caucus and a look ahead at the upcoming midterm elections and how it impacts the industry.

NAFCU writes to NCUA regarding proposed joint policy statement on CRE loan accommodations and workouts ([link removed] )

NAFCU Regulatory Affairs Counsel Dale Baker Monday wrote to the NCUA in response to the proposed interagency policy statement on prudent commercial real estate (CRE) loan accommodations and workouts. If adopted, the policy statement would replace similar guidance from the Federal Financial Institutions Examination Council issued in 2009 and will be the new standard by which NCUA examiners analyze credit unions’ loan modification programs and loan loss calculation and recognition practices.

Latest Compliance Resource for Compliance Professionals

Gain insight into all the major regulations in one convenient location with just one purchase of the NAFCU Compliance Roadmap for your entire CU!

Learn More ([link removed] )

Fed rate policy poised to become more contentious by mid-2023 says NAFCU Chief Economist ([link removed] )

Last week, Federal Reserve Vice Chair Lael Brainard spoke at a Fed-organized research conference at the Federal Reserve Bank of New York. In the speech, Vice Chair Brainard suggested she wants to slow down rate hikes and find a rate that will gradually bring inflation back to the Fed’s target of two percent.

NCUA to host webinars, roundtable on topics of note in October ([link removed] )

The NCUA has scheduled two webinars and a roundtable on topics of note for credit unions throughout October.

feature ad NT (1) ([link removed] )

NAFCU CALENDAR ([link removed] )

OCT

4
Avoiding Pitfalls with Social Media Communications ([link removed] )

Webinar

OCT

4
Understanding Diversity – A Multicultural & Multigenerational Perspective: The Importance of a Multicultural Business Strategy for Credit Unions ([link removed] )

Complimentary Webinar

OCT

11
SECURE 2.0 Synergy ([link removed] )

Complimentary Webinar

OCT

12
CU Research Survey Due ([link removed] )

Topic: Economic Conditions

VendorDirectoryAd_Compliance ([link removed] )

NAFCU’s 2023 Conference Lineup Now Available! ([link removed] )

Take advantage as you plan your 2023 training budget. Early bird savings starts now. Learn More ([link removed] ) .

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