Also: Jury selection begins in second RDC suit; Compliance Blog highlights CFPB literacy report

NAFCU Today
The News You Need Daily
 

January 7, 2020

NAFCU launches 2020 priorities to support CU growth
As Congress returns to Washington, NAFCU has launched its 2020 legislative and regulatory priorities to ensure credit unions operate in an environment in which they can thrive. Throughout the week, NAFCU's award-winning advocacy team will be on Capitol Hill sharing the priorities with lawmakers to keep credit union issues top of mind.

Court begins jury selection in 2nd USAA RDC suit
Jury selection for USAA's second lawsuit against Wells Fargo related to remote deposit capture (RDC) technology began Monday. Late last year, a jury in Texas determined that Wells Fargo had intentionally infringed on USAA's mobile RDC patents, resulting in $200 million in damages to be paid by Wells Fargo to USAA and a myriad of unresolved legal questions.

Latest Compliance Blog details CFPB's Financial Literacy Report
In a new Compliance Blog post, NAFCU Regulatory Compliance Counsel David Park outlines the Financial Literacy Annual Report for fiscal year 2019 released by the CFPB late last month. NAFCU works closely with credit unions, lawmakers and regulators to promote financial literacy and ensure credit unions' members can reach their financial goals.


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CUs: Share perspective on data privacy, RDC
There are a number of regulatory hot topics facing credit unions – from the new California state privacy law to remote deposit capture (RDC) litigation threats and more – and NAFCU would like member feedback on how institutions are addressing these issues.


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Clarity on Lending for Manufactured Housing
Listen along to find out the big misconceptions about lending for manufactured housing, and the opportunities that exist to serve your members through this market.

 
  NAFCU CALENDAR
JAN
9
Internal Fraud and Audit
Webinar
JAN
10
New Supervisory Committee Requirements
Webinar
JAN
14
Risks Associated with Serving Marijuana-Related Businesses (MRBs)
Webinar
JAN
22
NAFCU 101: An Overview of Personalized Credit Union Services
FREE Live Webinar
MAR
2 - 4
Strategic Growth Conference
San Antonio, TX
 

 

 

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