Also: NAFCU’s Long talks economy on CUbroadcast; Groups urge NCUA to expand ‘qualified charity’ to cover vets’ orgs

November 9, 2022

Election update: GOP leads House, Senate still toss-up ([link removed] )

While votes are still being tallied and several races have yet to be finalized as of 12 a.m. Eastern, Republicans were leading in the House with 183 seats to Democrats’ 146. In the Senate, which was expected to be a toss-up, each party had 46 seats secured.

NAFCU’s chief economist talks economic news, impact on CUs ([link removed] )

NAFCU Chief Economist and Vice President of Research Curt Long joined CUbroadcast host Mike Lawson to discuss the latest economic news and what it means for credit unions.

NAFCU, others ask NCUA to facilitate donations to veterans' organizations ([link removed] )

NAFCU joined with the Defense Credit Union Council (DCUC), the Veterans of Foreign Wars (VFW), and CUNA Mutual Group to request that the NCUA amend the definition of “qualified charity” in part 721.3 of the agency’s regulations to include 501(c)(19) veterans’ organizations.

NAFCU Lending Conference

Thank you to our sponsors for moving the needle forward in lending with the latest trends and strategies.

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NAFCU Reg Committee reviews issues, proposals open for comment ([link removed] )

NAFCU’s Regulatory Committee met Tuesday and discussed several proposals that are open for comment from federal financial regulators, including the NCUA, Small Business Administration (SBA), CFPB, Treasury Department, Federal Trade Commission (FTC), and more.

Consumer credit growth slows in September ([link removed] )

Total consumer credit rose 6.5 percent at a seasonally adjusted, annualized rate in September and is up 7.9 percent compared to a year ago. Revolving credit – primarily credit cards – rose 8.7 percent and is up 5.8 percent compared to September 2021. Non-revolving credit – primarily auto loans and education loans – rose 5.7 percent during the month and is up 5.8 percent from a year ago.

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NAFCU CALENDAR ([link removed] )

NOV

8 - 10
Lending Conference ([link removed] )

Greenville, SC

NOV

10
CU Research Survey Due ([link removed] )

Topic: Cybersecurity

NOV

11
NCUA - Subordinated Debt ([link removed] )

Comments Due to NAFCU

NOV

15
Mid-Term Elections - What It Means for Credit Unions ([link removed] )

Complimentary Webinar

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

NOW AVAILABLE! NAFCU 2023 Conference Lineup ([link removed] )

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

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