Also: NAFCU’s Long says Powell testimony indicates likelihood of 50-point rate hike; NCUA to hold webinar on loan risk

March 8, 2023

Sens. Cardin, Ernst share NAFCU’s concerns on SBA lending proposed rules ([link removed] )

Senate Small Business and Entrepreneurship Committee Chairman Ben Cardin, D-Md., and Ranking Member Joni Ernst, R-Iowa, wrote to the Small Business Administration (SBA) this week to express major concerns on two proposed rules issued by the agency to change regulations governing SBA's 7(a) Loan Program and 504 Loan Program, and to allow fintech lenders to offer 7(a) loans.

Fed Chair Powell testifies, NAFCU writes to HFSC ([link removed] )

The Senate Banking Committee (SBC) held the first of two hearings for the Federal Reserve’s semiannual monetary policy report yesterday. During the hearing, Fed Chairman Jerome Powell reiterated the central bank’s goal of lowering inflation to 2 percent and noted that inflation pressures, such as housing and supply chain issues, remain an issue. However, Powell said consumer spending has increased this quarter and the labor market remains strong.

Register now for NCUA webinar on loan risks ([link removed] )

NCUA regional lending specialists will cover loan risks during a free webinar hosted by the agency March 22; credit unions can register for the event now on the NCUA’s website.

Bourbon, Barns, Bluegrass, and BSA School! ([link removed] )

Deepen your understanding of BSA's anti-money laundering requirements and the regulations Credit Unions must comply with at NAFCU’s highly regarded BSA School ([link removed] ) in Louisville, Kentucky August 15 – 17, 2023. Save $200.00 with the code BSASAVINGS for a limited time.

VIEW AGENDA ([link removed] )

NAFCU committees discuss FedNow, SIF, more ([link removed] )

Members of NAFCU’s Cybersecurity and Payments Committee and Share Insurance Fund (SIF) Committee held meetings Tuesday to discuss the regulatory landscape and NAFCU’s ongoing advocacy efforts related to these issues.

CEO22_Skyscraper2 ([link removed] )

Elevate your credit union’s story.

Share it with #NAFCUNation

([link removed] ) HTML tutorial ([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

16
AI Lending Partnerships and the Power of Efficiency ([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

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

You’ll explore the evolution of the workforce, succession planning for boards, culture, engagement and retention of top talent and more. Don’t miss this excellent development opportunity for you to develop your entire leadership team.

Save $200.00 with the code ENGAGESAVINGS for a limited time

View Agenda! ([link removed] )

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NAFCU. 3138 10th St N Arlington, Virginia 22201

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