From NAFCU Today <[email protected]>
Subject Fed survey shows weakened loan demand in Q4
Date February 7, 2023 12:11 PM
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Also: NCUA reminds CUs of allowed CUSO activities, risks; 3 USAA mobile banking patents invalidated

February 7, 2023

Fed survey reveals weakened loan demand, tightened standards ([link removed] )

The Federal Reserve’s January senior loan officer opinion survey (SLOOS) on bank lending practices showed demand for loans weakened across the board with banks reporting tightening standards during the fourth quarter of 2022. The quarterly survey examines changes in the standards and terms for bank loans to businesses and households, as well as demand.

NCUA reminds CUs of permissible CUSO activities, risks ([link removed] )

The NCUA Monday issued a Letter to Credit Unions to remind institutions of the 2021 final rule related to credit union service organizations (CUSOs) that expanded the list of permissible activities and services.

Patent office invalidates 3 USAA mobile check deposit patents ([link removed] )

Litigation surrounding remote deposit capture (RDC) technology continues. The U.S. Patent Office’s Patent Trial and Appeal Board recently invalidated three of USAA’s patents related to mobile check deposit.

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

April 17 – 20, 2023 | Savannah, GA

Selling quickly and nearing capacity! Save $200.00 through February 24, 2023.

View Agenda ([link removed] )

167x300_Origence-arc_all-in-one-place_Digital_v1_1018206159-1 ([link removed] )

NAFCU CALENDAR ([link removed] )

FEB

7
Measure Liquidity Strategically: What’s Your Plan? ([link removed] )

Complimentary Webinar

FEB

7
Preemption: The Uncertain Landscape ([link removed] )

Webinar

FEB

8
CU Research Survey Due ([link removed] )

Topic: Lending

FEB

9
Engaging With the Fintech Sector ([link removed] )

Webinar

NAFCU Vendor Directory Compliance ([link removed] )

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

June 27 – 30, 2023

We’re offering $400.00 off to the first 50 credit unions to register using code FIRST50. You’ll find CU growth strategies, updates on the economy, hear the latest on a changing workforce, executive compensation and more. Don’t miss out!

Learn More! ([link removed] )

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