Also: NCUA releases update to simplified CECL tool; NAFCU Reg Alert explains financial innovation proposed rule

December 27, 2022

This week: NAFCU gears up for new Congress after gov’t funding cleared ([link removed] )

Congress is out for the remainder of the year after lawmakers finished work on the omnibus funding package late last week. The $1.7 trillion spending bill excluded several NAFCU-opposed provisions – including those that would have extended debit interchange routing requirements to credit cards and given NCUA third-party vendor authority.

NCUA issues updates to simplified CECL tool ([link removed] )

Updates to NCUA’s simplified current expected credit losses (CECL) tool were released last week, offering credit unions the latest on weighted average remaining maturity (WARM) factors as well as minor enhancements to the tool.

NAFCU Reg Alert outlines NCUA proposal on loan participation, eligible obligation regs ([link removed] )

NAFCU sent members a Regulatory Alert last week outlining the NCUA’s proposed rule amending the agency’s loan participation and eligible obligation regulations. The proposal offers flexibility for federally-insured credit unions (FICUs) to engage in indirect lending arrangements with fintechs and other third parties, including credit union service organizations, and then participate loans to other institutions as the “originating lender.”

A HOLIDAY GIFT: $300.00 Savings on Training! ([link removed] )

Let us help you grow professionally and take your CU to the next level. Save on all NAFCU Conferences and online training subscriptions. Use code HOLIDAY for $300.00 off by 1/6/23. You can use the code as many times, and for as many people, as you want!

learn more ([link removed] )

NCUA to host webinar on CU diversity self-assessment ([link removed] )

Registration is open for the NCUA’s webinar on its Credit Union Diversity Self-Assessment (CUDSA), happening Jan. 5 at 11:30 a.m. Eastern. During the webinar, credit unions will learn about the process for completing the CUDSA and the importance of diversity, equity, and inclusion (DEI) within the industry. Credit unions can register for the free webinar now.

Engage22_Skyscraper_Holiday ([link removed] )

NAFCU CALENDAR ([link removed] )

JAN

10
A Guide to the CCPA/CCPRA: Transforming the Privacy and Security Landscape ([link removed] )

Webinar

JAN

23
NCUA: Asset Threshold
for Determining Appropriate Supervisory Office
([link removed] )

Compliance Deadline

MAR

13 - 17
Regulatory Compliance School ([link removed] )

Arlington, VA

MAR

21 - 23
Strategic Growth Conference ([link removed] )

Nashville, TN

NAFCU Vendor Directory Compliance ([link removed] )

Board of Directors and Supervisory Committee Conference ([link removed] )

Save $300.00 through January 6, 2023, with the code HOLIDAY.

New and returning CU volunteers will learn the latest, most up-to-date findings on current and future trends and challenges facing their CU.

Savannah, GA | April 17 – 20, 2023

VIEW THE AGENDA & SAVE $300.00 ([link removed] )

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