This week: Congress in recess; NAFCU elevates CU priorities

Both the House and Senate are in recess this week, but NAFCU’s advocacy team is hard at work elevating credit union priorities in Washington. Of note, the association is raising awareness on the negative impacts of the CFPB’s proposed changes to credit card late fees and legislative efforts to put more restrictions on interchange fees.

NAFCU reiterates concerns over CDFI changes

Ahead of the Community Development Advisory Board meeting Feb. 28, NAFCU reiterated concerns about changes to the Community Development Financial Institution (CDFI) Fund Certification Application and Certification process.

Hood, NCUA to hold capital markets summit in NYC

The NCUA will host a Credit Union Capital Markets Symposium Apr. 11 at the New York Stock Exchange to share insights from top lawmakers and experts on industry hot topics including liquidity risks, the current interest rate ceiling, and use cases for subordinated debt and secondary capital.

NAFCU’s Annual Conference: Engage 2023 Special Offer!

June 27 – 30, 2023 
The first 50 credit unions will get $400.00 off on new registrations using code FIRST50. Hurry—limited spots remain! You’ll explore AI and technology trends, the economy, the future of payments and more. Plus, you and your guests will love the Southern California tours.