Today, the CFPB's Credit Union Advisory Council (CUAC), alongside the Community Bank Advisory Council (CBAC), will hold a joint meeting to discuss supervision over non-bank fintechs, implementation of the Section 1033 data collection rule, and peer-to-peer (P2P) payment services.
As credit unions work to meet the needs of more than 134 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.
The Federal Open Market Committee (FOMC) held its November meeting this week, where the Federal Reserve raised the federal funds target rate by 75-basis points to a range of 3.75 to 4 percent. NAFCU Chief Economist and Vice President of Research Curt Long noted the FOMC “hinted that more hikes are in store” in the latest Macro Data Flash report.
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Total vehicle sales rose from 13.6 million annualized units in September to 14.9 million annualized units in October, with monthly sales levels up 12.7 percent year-over-year. NAFCU Chief Economist and Vice President of Research Curt Long analyzes the data in a new Macro Data Flash report.
Registration is open for NAFCU’s 2023 Strategic Growth Conference, happening March 21-23 in Nashville, Tenn. At the conference, attendees will gain innovative solutions and insights into new strategies that can dramatically impact their growth. Credit unions can save $200 on registration with the code GROWTHSAVINGS for a limited time.
