The Community Development Financial Institution (CDFI) Fund on Tuesday issued a first look at a revised Application and Annual Certification and Data Collection Report (ACR), as well as revisions on its data collection mechanisms. These proposed changes are a result of the CDFI Fund’s request for public comment, issued in May 2020.
NAFCU joined with a group of other financial services trade groups yesterday in a letter to Congress, urging lawmakers to reject the latest effort of Senators Dick Durbin, D-Ill., and Roger Marshall, R-Kan., to attach the NAFCU-opposed Credit Card Competition Act (CCCA) as an amendment for consideration to the fiscal year 2023 National Defense Authorization Act (NDAA). Sen. Durbin used this tactic when he attached the original Durbin Amendment to the Dodd-Frank Act in 2010.
In a message to members, NAFCU Vice President of Legislative Affairs Brad Thaler highlighted the association’s recent advocacy in urging the Community Development Financial Institutions (CDFI) Fund to address several concerns around the CDFI certification process.
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!
Total vehicle sales rose from 13.1 million annualized units in August to 13.5 million annualized units in September, with monthly sales levels up 9.6 percent year-over-year. NAFCU Chief Economist and Vice President of Research Curt Long analyzes the data in a new Macro Data Flash report.
.png?width=320&upscale=true&name=feature%20ad%20NT%20(1).png)
.gif?quality=high&width=320&upscale=true&name=VendorDirectoryAd_Digital%20and%20Online%20Banking%20(1).gif)
