From NAFCU Today <[email protected]>
Subject NAFCU addresses CU, Greenhouse Gas Reduction Fund legality concerns
Date January 11, 2023 12:13 PM
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Also: Regulatory Committee talks impact of CA laws, reviews proposals from NCUA, CFPB

January 11, 2023

NAFCU addresses legality of CUs participating in Greenhouse Gas Reduction Fund ([link removed] )

In response to inaccurate and misleading comments regarding the Environmental Protection Agency’s (EPA) ability to distribute money from the Greenhouse Gas Reduction (GHGR) Fund to credit unions, NAFCU Vice President of Regulatory Affairs Ann Petros countered with a legal analysis that indicates otherwise.

NAFCU reviews proposals open for comment, shares priorities with fed financial regulators ([link removed] )

NAFCU’s Regulatory Committee met Tuesday and discussed several proposals that are open for comment from federal financial regulators, including the NCUA, Financial Crimes Enforcement Network (FinCEN), CFPB, and more.

Data shows consumer credit grew ‘much faster’ than predicted in November ([link removed] )

Total consumer credit rose 7.1 percent at a seasonally adjusted, annualized rate in November and is up 7.9 percent compared to a year ago. Revolving credit – primarily credit cards – rose 16.9 percent and is up 14.9 percent compared to November 2021. Non-revolving credit – primarily auto loans and education loans – rose 3.9 percent during the month and is up 5.8 percent from a year ago.

Extended by Popular Demand: $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 1/13/23. You can use the code as many times, and for as many people, as you want!

learn more ([link removed] )

Retaining Customers Throughout Technology Upgrades & Conversions_167x300 (1) ([link removed] )

NAFCU CALENDAR ([link removed] )

JAN

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

Compliance Deadline

JAN

30
FinCEN - Beneficial Ownership Information Access and Safeguards, and Use of FinCEN Identifiers for Entities
([link removed] )

Comments Due to NAFCU

FEB

22
NCUA - Financial Innovation: Loan Participations, Eligible Obligations, and Notes of Liquidating Credit Unions
([link removed] )

Comments Due to NAFCU

MAR

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

Arlington, VA

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

Engage 2023: NAFCU’s Annual Conference ([link removed] )

$300.00 savings offer EXTENDED to Friday, January 13, 2023

Back for the first time in 4 years! Get the latest updates on the future of banking. Member experience. Economy. Lending. Use code HOLIDAY ([link removed] ) to save $300.00 when registering.

June 27 – 30, 2023 | Long Beach, CA

VIEW AGENDA ([link removed] )

JOIN THE CONVERSATION:

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Website ([link removed] )

NAFCU. 3138 10th St N Arlington, Virginia 22201

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