Also: NAFCU advocacy hits ground running on CU priorities; Compliance Blog tackles new IRS withholding regs
NAFCU TODAY | The News You Need Daily.
January 23, 2020
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Today: NCUA Board reviews subordinated debt, CU-bank mergers proposals [ [link removed] ]
The NCUA Board today is set to hold its first meeting of 2020. On the agenda are proposals for subordinated debt and credit union combination transactions, which will likely address the process of banks selling to credit unions.
NAFCU advocacy hits ground running in 2020 [ [link removed] ]
NAFCU President and CEO Dan Berger and the association's award-winning advocacy team have started 2020 strong, taking to Capitol Hill and reaching out to key administration officials – including President Donald Trump – and regulators to share issues credit unions would like addressed this year.
Compliance Blog highlights new IRS withholding certificate regs [ [link removed] ]
NAFCU Regulatory Compliance Counsel David Park breaks down the Internal Revenue Service's (IRS) new rules regarding withholding certificates in a new post on the Compliance Blog. The IRS finalized the regulations explaining due diligence and reporting rules applicable to credit unions making U.S. source payments to foreign persons earlier this year.
NAFCU's 2020 Advocacy Priorities. Because to us, it's personal. Read Advocacy Priorities [link removed]
NAFCU expects consistent growth as existing-home sales rise in December [ [link removed] ]
Existing-home sales rose 3.6 percent in December to a seasonally adjusted annual rate of 5.5 million units, with sales up in all four regions versus a year ago. In response, NAFCU Chief Economist and Vice President of Research Curt Long said growth is expected to continue in a new Macro Data Flash report.
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