Also: NCUA briefed on cybersecurity and CLF

October 21, 2022

Bipartisan group of lawmakers urge CDFI Fund to update Congress on issues faced by CUs ([link removed] )

Representatives Lisa Blunt Rochester, D-Del., and Ashley Hinson, R-Iowa, along with a group of 20 co-signers, wrote to Community Development Financial Institution Fund (CDFI Fund) Director Jodie Harris on Wednesday to voice several longstanding concerns and recommendations for the CDFI Fund. Notably, the lawmakers use the current blackout period as an example of poor communication and a situation that was not adequately explained to members of the fund.

NCUA Board briefed on cybersecurity and CLF ([link removed] )

The NCUA Board met Thursday to receive two briefings, one on cybersecurity and another on the Central Liquidity Facility (CLF). In addition, the board unanimously approved the NCUA Risk Appetite Statement, which outlines the variety of risks related to the agency’s objectives, strategies, operations, reputation, and environment.

Now streaming: Latest CUPP episode reviews BNPL ([link removed] )

The latest episode of NAFCU’s Credit Union Policy Podcast (CUPP) features a discussion between Strategic Resource Management (SRM) Director of Market Intelligence Paul Davis and CUPP host, NAFCU Vice President of Regulatory Affairs Ann Petros, on buy now, pay later (BNPL) products and why exploring options to provide a BNPL product may be right for credit unions and their members.

Regulatory Compliance School

Learn credit union compliance from A to Z and earn your NCCO in Arlington, VA March 13 – 17, 2023. Save $200.00 with code SCHOOLSAVINGS for a limited time.

View the Agenda & Learn More ([link removed] )

5 things to know this week ([link removed] )

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.

Existing home sales decline for eighth straight month in September ([link removed] )

Existing home sales declined by 1.5 percent in September to a seasonally-adjusted annualized rate of 4.7 million units, marking the eighth straight month of declining sales and representing a 23.8 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.

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NAFCU CALENDAR ([link removed] )

OCT

17 - 21
Management and Leadership Institute ([link removed] )

Annapolis, MD

OCT

25
Data Protection Fundamentals for Federal and State Compliance ([link removed] )

Webinar

NOV

4
NCUA - Member Expulsion Bylaws Amendment ([link removed] )

Comments Due to NAFCU

NOV

8 - 10
Lending Conference ([link removed] )

Greenville, SC

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Training is Essential for Growth! ([link removed] )

Take advantage of NAFCU’s 2023 conference lineup—especially as you plan for your training budget. Early bird savings starts now. Learn More ([link removed] ) .

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

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