Also: HFSC Announces key committee hearings, CFPB announces new CUAC members

March 2, 2023

NAFCU responds to unwarranted attack on credit union industry ([link removed] )

In response to the banking industry’s recent attack on credit unions, NAFCU Senior Vice President of Government Affairs Greg Mesack Wednesday sent a message to Congress educating lawmakers on accurate facts regarding the credit union industry. Mesack noted that while banks remain focused on earning profits, credit unions are focused on serving their 135 million members and Main Street small businesses.

HFSC announces two hearings next week ([link removed] )

The House Financial Services Committee (HFSC) announced yesterday it will hold a pair of hearings on Wed., March 8.

CFPB announces appointment of NAFCU members to CUAC ([link removed] )

The CFPB announced yesterday the appointment of new members to multiple advisory committees, including four new members to the Credit Union Advisory Council (CUAC). CUAC and the CFPB's other advisory councils meet throughout the year to provide feedback to the bureau on consumer financial issues and industry trends; members serve a staggered, two-year term.

CEOs and Senior Executives Conference ([link removed] )

You’ll explore the state of the workforce, business and commercial lending trends, network with other leaders and more. Save $200.00 with code CEOSAVINGS for a limited time.

VIEW AGENDA ([link removed] )

NAFCU-backed CUBMA introduced in the Senate ([link removed] )

Sens. Krysten Sinema, I-Ariz., Bill Hagerty, R-Tenn., Alex Padilla, D-Calif., and Thom Tillis, R-N.C., Wednesday introduced a Senate version of the NAFCU-supported Credit Union Board Modernization Act (CUBMA), which would reduce the minimum number of monthly meetings credit union boards are required to hold from 12 to six.

Rep. Mooney reintroduces NAFCU-supported bill to keep CFPB accountable ([link removed] )

Representative Alex Mooney, R-W.Va., Wednesday reintroduced, the Transparency in Consumer Financial Protection Bureau (CFPB) Cost-Benefit Analysis Act, which would require the CFPB to employ a more rigorous cost-benefit analysis to better weigh the costs of implementation and compliance with the benefits of a regulation.

Now streaming: Cutler Dawson joins CUPP to talk CU trends, opportunities ([link removed] )

On the latest episode of NAFCU’s Credit Union Policy Podcast (CUPP), host NAFCU Vice President of Regulatory Affairs Ann Petros talks with former President and CEO of Navy Federal Credit Union Cutler Dawson about challenges facing the credit union industry and opportunities for leaders to bolster their institutions.

New on the Compliance Blog: Liquidity basics, surge in mail-theft check fraud ([link removed] )

As credit unions work to meet the needs of more than 135 million Americans, NAFCU's award-winning regulatory compliance team continues to keep credit unions informed with new posts on the Compliance Blog every Monday and Wednesday.

1042405642_More-Indirect-Loans_DIGITAL_v1_167x300 ([link removed] )

NAFCU CALENDAR ([link removed] )

MAR

9
ALM Guidance to Inform Big Decisions ([link removed] )

Webinar

MAR

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

Arlington, VA

MAR

15
Exponential Fraud Exposure: Reg II Awareness ([link removed] )

Complimentary Webinar

MAR

17
CFPB - Credit Card Penalty Fees (Regulation Z) ([link removed] )

Comments Due to NAFCU

MAR

20
CFPB - Registry of Supervised Nonbanks That Use Form Contracts ([link removed] )

Comments Due to NAFCU

MAR

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

Nashville, TN

MAR

24
CFPB - Request for Information Regarding Consumer Credit Card Market ([link removed] )

Comments Due to NAFCU

Risk Management Seminar ([link removed] )

The Bluegrass is calling! Louisville, KY | August 15 – 17, 2023

Prepare for the most severe internal and external threats ([link removed] ) and earn your NAFCU Certified Risk Manager (NCRM) ([link removed] ) credential when you pass the exam -- or recertify by attending (no exam required).

Save $200.00 with code RISKSAVINGS ([link removed] )

JOIN THE CONVERSATION:

LinkedIn ([link removed] )

Facebook ([link removed] )

Twitter ([link removed] )

YouTube ([link removed] )

Website ([link removed] )

NAFCU. 3138 10th St N Arlington, Virginia 22201

You received this message because you are subscribed to NAFCU emails.

Update your email preferences ([link removed] ) to choose the types of emails you receive.

Received this message from a colleague? Provide your contact information to start receiving our emails ([link removed] ) .

Unsubscribe from all future emails ([link removed] ) .