As the Federal Trade Commission (FTC) seeks public feedback on commercial surveillance and data security issues, NAFCU advised the commission to “abstain from all further data privacy-related rulemaking efforts until Congress passes the comprehensive federal data privacy legislation necessary to meet the challenges of the contemporary data privacy risk environment.”
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.
NAFCU sent members a Regulatory Alert Monday outlining the Small Business Administration’s (SBA) proposed rule to allow new lenders to apply for a license to offer SBA-backed 7(a) small business loans. The SBA has had a moratorium on new Small Business Lending Companies (SBLCs) since 1981. The proposed rule would also remove the requirement for loan authorization under the 7(a) and 504 loan programs.
Volunteer leaders, join us in Savannah, GA, April 17 – 20, 2023!
NAFCU’s Board of Directors and Supervisory Committee Conference helps volunteer leaders thoroughly understand their roles and responsibilities. Attendees will get the latest tips, tricks, and insights! Save $200.00 with code BOARDSAVINGS for a limited time.
NAFCU’s offices will be closed Wednesday through Friday for the Thanksgiving holiday. Credit union members will still have access to the association’s website for resources as well as regulatory and legislative updates on key issue areas.
