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June 2, 2021 at 11:00 AM

SBA issues statement on PPP closure

SBA issues statement on PPP closure  Also: NAFCU committee discusses interchange; CUs encouraged to submit feedback via survey The News You Need Daily  June 2, 2021 SBA announces closure of PPP ​On Tuesday, the U.S. Small Business Administration (SBA) provided a statement on the closu…

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June 1, 2021 at 11:00 AM

In budget proposal, Biden outlines spending and revenue vision; NAFCU to fight reporting requirement

In budget proposal, Biden outlines spending and revenue vision; NAFCU to fight reporting requirement  Also: New whitepaper details CU execs' insights on post-pandemic merger considerations; This week: NAFCU keeps CU priorities top of mindThe News You Need Daily  June 1, 2021 In Budget …

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May 28, 2021 at 11:00 AM

NAFCU, trades call on OOC to reconsider charter

NAFCU, trades call on OOC to reconsider charter  Also: 5 things to know this week; find out what?s new on the Compliance BlogThe News You Need Daily  May 28, 2021 NAFCU, trades call on OCC to reconsider recent charters NAFCU joined with several other financial services industry trades…

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May 27, 2021 at 11:00 AM

Berger calls for repeal of Durbin Amendment in op-ed

Berger calls for repeal of Durbin Amendment in op-ed  Also: New marijuana banking brief, NAFCU seeks CU feedback on NCUSIF NOL policyThe News You Need Daily  May 27, 2021 Berger calls for repeal of Durbin Amendment in Real Clear Politics op-ed In a new Real Clear Politics op-ed, NAFCU…

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May 26, 2021 at 11:00 AM

NAFCU launches ONES + CFPB Supervision Network at Large CU Summit

NAFCU launches ONES + CFPB Supervision Network at Large CU Summit  Also: Association makes recommendations to House committees on small biz, credit reporting ahead of hearingsThe News You Need Daily  May 26, 2021 NAFCU gathers industry leaders, launches ONES + CFPB Supervision Network …

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May 25, 2021 at 11:00 AM

NAFCU builds support for permanent CLF accessibility

NAFCU builds support for permanent CLF accessibility  Also: See what virtual events, trainings CUs can take advantage of in June; NCUA details QM delayThe News You Need Daily  May 25, 2021 NAFCU reiterates need for long-term CLF accessibility In response to the NCUA's interim final ru…

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May 24, 2021 at 11:00 AM

NAFCU engaged as lawmakers review small biz lending, big bank issues

NAFCU engaged as lawmakers review small biz lending, big bank issues  Also: District court dismisses MLA class action lawsuit; Biden signs order to address financial climate risksThe News You Need Daily  May 24, 2021 This week: NAFCU monitoring Hill hearings on big banks, small biz len…

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May 21, 2021 at 11:00 AM

NCUSIF not expected to need restoration plan

NCUSIF not expected to need restoration plan  Also: Senators introduce bipartisan bill to protect CUs, members; FASB talks CECL with FIs, regulatorsThe News You Need Daily  May 21, 2021 NCUSIF not expected to need restoration plan; Derivatives rule finalized The NCUA Board Thursday re…

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May 20, 2021 at 11:00 AM

NAFCU watching NCUA efforts on SIF NOL

NAFCU watching NCUA efforts on SIF NOL  Also: Harper talks SIF management, third-party vendor authority, more; NAFCU, trades oppose bills to remove arbitrationThe News You Need Daily  May 20, 2021 NAFCU engaged as NCUA Board meets, FASB hosts CECL roundtable Today, the NCUA Board is s…

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May 19, 2021 at 11:00 AM

NAFCU launches NDAA advocacy to defend CUs

NAFCU launches NDAA advocacy to defend CUs  Also: Berger details key reforms for NCUA to finalize; Harper set to discuss NCUSIF, FOM, more during hearingThe News You Need Daily  May 19, 2021 NAFCU, others reiterate opposition to adding lease provisions to NDAA Though the Senate Armed …

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May 18, 2021 at 11:01 AM

NAFCU opposes legislation to give NCUA vendor authority

NAFCU opposes legislation to give NCUA vendor authority  Also: NCUA urges credit unions to transition away from LIBOR by Dec. 31The News You Need Daily  May 18, 2021 NAFCU expresses opposition to NCUA vendor authority ahead of hearing examining regulators Ahead of Wednesday’s oversigh…

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May 17, 2021 at 11:00 AM

Berger defends CU-bank mergers

Berger defends CU-bank mergers  Also: NAFCU monitoring NCUA Board meeting, Harper testifies; updates on the CFPB's QM ruleThe News You Need Daily  May 17, 2021 Berger defends CU-bank mergers, blasts bankers' misleading claims NAFCU President and CEO Dan Berger, on Friday, rebuked the …

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May 14, 2021 at 11:00 AM

NCUA set to discuss NCUSIF, finalize derivatives rule next week

NCUA set to discuss NCUSIF, finalize derivatives rule next week  Also: Biden signs cybersecurity order, Fed on inflation, more to know; House passes debt collection reformsThe News You Need Daily  May 14, 2021 NCUSIF quarterly report, request for comment on NOL policy, derivatives fina…

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May 13, 2021 at 11:00 AM

New Fed data shows drop in credit card balances

New Fed data shows drop in credit card balances  Also: NCUA offering webinars on cybersecurity, CDFI small-dollar lending; Innovation focus of CEOs Conference 2nd dayThe News You Need Daily  May 13, 2021 Fed report: Credit card balances fell $49B in Q1 A new report from the Federal Re…

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May 12, 2021 at 11:00 AM

Senate votes to overturn OCC's true lender rule

Senate votes to overturn OCC's true lender rule  Also: UDAAP issue brief updated with recent enforcement action; NAFCU, trades raise concerns about debt collection billThe News You Need Daily  May 12, 2021 Senate votes to overturn 'true lender' rule The Senate Tuesday approved a resol…

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May 11, 2021 at 11:00 AM

NAFCU offers recommendations for RBC alternatives

NAFCU offers recommendations for RBC alternatives  Also: Thaler urges Senate to overturn OCC's 'true lender' rule; FI trades flag burdens of potential tax reporting requirementThe News You Need Daily  May 11, 2021 NAFCU offers recommendations, insights on NCUA's RBC proposal In respon…

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May 10, 2021 at 11:00 AM

NAFCU engaged as Fed proposes clarification to interchange regulation

NAFCU engaged as Fed proposes clarification to interchange regulation  Also: Association hosts CEOs Conference, monitors Hill activity this week; Moore asks for exam clarity on CAMELSThe News You Need Daily  May 10, 2021 Fed seeks comment on interchange regulation, releases report on t…

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May 7, 2021 at 11:00 AM

Updates related to fintech, digital payments, more to know this week

Updates related to fintech, digital payments, more to know this week  Also: New Compliance Blogs cover Reg E errors, CU website requirements; CDRLF grant applications now openThe News You Need Daily  May 7, 2021 5 things to know this week A fintech company has agreed to stop referring…

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May 6, 2021 at 11:00 AM

PPP nears end of funds

PPP nears end of funds  Also: NAFCU's Bruyere shares litigation developments; Fed proposes account, payment service access guidelinesThe News You Need Daily  May 6, 2021 SBA: PPP borrowers waiting approval should be referred to CDFIs, MDIs While the Small Business Administration's (SB…

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May 5, 2021 at 11:00 AM

Berger calls on Congress to empower CUs in new op-ed

Berger calls on Congress to empower CUs in new op-ed  Also: CUs, NAFCU meet with Rep. Brady on key industry issues; NAFCU offers insights on beneficial ownership reportingThe News You Need Daily  May 5, 2021 Berger to Congress: Reject postal banking programs, empower CUs In an op-ed p…

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May 4, 2021 at 11:01 AM

New Fed survey shows ease in lending standards

New Fed survey shows ease in lending standards  Also: NAFCU seeks insights into CUs' climate risk, mortgage compliance; See what's new on the NAFCU NetworksThe News You Need Daily  May 4, 2021 Fed survey: Banks ease lending standards as loan demand returns The Federal Reserve's first-…

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May 3, 2021 at 11:01 AM

NAFCU monitoring Hill efforts for CU impact

NAFCU monitoring Hill efforts for CU impact  Also: NAFCU releases updated training course for new CU staff; 2 weeks left to nominate leaders for Annual AwardsThe News You Need Daily  May 3, 2021 This week: NAFCU monitoring Hill efforts on CU issues The Senate has a state work period t…

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April 30, 2021 at 11:00 AM

Retailers file lawsuit to lower interchange fees

Retailers file lawsuit to lower interchange fees  Also: Harper details request for more SIF authority to Toomey; Experian data exposure, more to know this weekThe News You Need Daily  April 30, 2021 Retailers file interchange lawsuit against Fed North Dakota-based associations represe…

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April 29, 2021 at 11:00 AM

New GSE refinance option for low-income borrowers announced

New GSE refinance option for low-income borrowers announced  Also: NAFCU talks housing finance issues with FHFA's Calabria; FOMC stays consistent with rates, outlookThe News You Need Daily  April 29, 2021 FHFA announces new refinance option for low-income borrowers The Federal Housing…

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April 28, 2021 at 11:03 AM

NAFCU raises rent-a-bank, fintech chartering concerns ahead of hearing

NAFCU raises rent-a-bank, fintech chartering concerns ahead of hearing  Also: CFPB delays QM rule's compliance date to October 2022; NAFCU, trades urge FCC to fix exemption orderThe News You Need Daily  April 28, 2021 NAFCU raises rent-a-bank, fintech chartering concerns NAFCU Vice Pr…

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April 27, 2021 at 11:00 AM

13 states' congressional seats impacted by census data

13 states' congressional seats impacted by census data  Also: FOMC starts 2-day meeting with no expectations to raise rates; See registration options for CEOs ConferenceThe News You Need Daily  April 27, 2021 13 states' congressional delegations impacted by new census data The Census …

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April 26, 2021 at 11:00 AM

Berger, in new op-ed, says repealing CU tax exemption 'nonstarter'

Berger, in new op-ed, says repealing CU tax exemption 'nonstarter'  Also: Congress set to discuss fraud, DEI this week; NAFCU shares concerns with new housing bill adding CU burdensThe News You Need Daily  April 26, 2021 Berger: Eliminating CU exemption 'should be nonstarter in Congres…

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April 23, 2021 at 11:00 AM

NCUA Board talks cybersecurity, COVID relief efforts

NCUA Board talks cybersecurity, COVID relief efforts  Also: Key updates to know this week; Compliance Blogs cover revised mortgage disclosures, fair lendingThe News You Need Daily  April 23, 2021 NCUA Board receives cybersecurity briefing, offers update on upcoming NAFCU-supported rule…

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April 22, 2021 at 11:00 AM

NCUA Board to review cybersecurity efforts today

NCUA Board to review cybersecurity efforts today  Also: CUs plan to keep up COVID assistance, safety measures; FHFA extends some loan flexibilities, others set to expireThe News You Need Daily  April 22, 2021 Today: NCUA Board to receive cybersecurity briefing The NCUA Board meets tod…

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April 21, 2021 at 11:00 AM

New Compliance Monitor looks at fair lending exams

New Compliance Monitor looks at fair lending exams  Also: FASB to host CECL roundtable May 20; SBA data shows $8B in new PPP loans approvedThe News You Need Daily  April 21, 2021 New Compliance Monitor tackles fair lending exams, recent court decisions The new edition of NAFCU's Compl…

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April 20, 2021 at 11:00 AM

NAFCU meets with SBA on CUs' small biz lending efforts

NAFCU meets with SBA on CUs' small biz lending efforts  Also: House sends marijuana banking bill to Senate; Debt collectors required to inform tenants of eviction rightsThe News You Need Daily  April 20, 2021 NAFCU shares CU insights on relief programs to SBA, lawmakers NAFCU Presiden…

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April 19, 2021 at 11:00 AM

NCUA Board approves IFR to extend PCA relief

NCUA Board approves IFR to extend PCA relief  Also: NAFCU engaged ahead of NCUA meeting, Hill hearings; SECNY uses community involvement in financial literacyThe News You Need Daily  April 19, 2021 NCUA renews PCA relief Ahead of this week's meeting, the NCUA Board approved by notatio…

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April 16, 2021 at 11:00 AM

Pacheco: CU regs need to keep pace with innovation

Pacheco: CU regs need to keep pace with innovation  Also: NAFCU-sought PCA relief on NCUA agenda; Roundups of fintech advocacy, climate change efforts, more to knowThe News You Need Daily  April 16, 2021 NAFCU-rep Pacheco: CU regs need to keep pace with fintech, members' needs During …

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April 15, 2021 at 11:02 AM

Pacheco set to give CU, NAFCU perspective on fintechs at HFSC hearing today

Pacheco set to give CU, NAFCU perspective on fintechs at HFSC hearing today  Also: Beige Book shows economy accelerating moderately; NAFCU supports efforts to ease LIBOR transitionThe News You Need Daily  April 15, 2021 NAFCU rep testifies on need for level playing field Today, NAFCU-…

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April 14, 2021 at 11:00 AM

Berger joins Fox Business to talk fintech bank risks

Berger joins Fox Business to talk fintech bank risks  Also: NCUA's Hauptman engages in Q&A with NAFCU's Reg Committee; New alert details mortgage servicing proposalThe News You Need Daily  April 14, 2021 Berger, on Fox Business, calls for fair, level playing field with fintech bank…

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April 13, 2021 at 11:00 AM

NAFCU-member CEO to testify at fintech chartering hearing

NAFCU-member CEO to testify at fintech chartering hearing  Also: NAFCU to honor CU champions with new award; $58B in PPP funding remains, new data showsThe News You Need Daily  April 13, 2021 CU CEO to represent NAFCU at fintech chartering hearing Carlos Pacheco, CEO of Premier Member…

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April 12, 2021 at 11:00 AM

NAFCU preps advocacy ahead of chartering hearing

NAFCU preps advocacy ahead of chartering hearing  Also: Biden proposes more funding for CDFIs, SBA, FinCEN; Members 1st of NJ offers virtual financial educationThe News You Need Daily  April 12, 2021 This week: NAFCU readies advocacy on fintech chartering The House and Senate are back…

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April 9, 2021 at 11:00 AM

Appeals court rules ADA doesn't cover websites

Appeals court rules ADA doesn't cover websites  Also: Need-to-know updates on fintech, EIPs, and Facebook data hack; New blogs cover rescinded COVID relief, autodialer decisionThe News You Need Daily  April 9, 2021 Appeals court: Websites not subject to ADA The U.S. Court of Appeals f…

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April 8, 2021 at 11:00 AM

NAFCU advocates for asset threshold relief with Fed

NAFCU advocates for asset threshold relief with Fed  Also: State of the Industry set to bring CU leaders, experts together June 24; PPP FAQs updated with recent guidanceThe News You Need Daily  April 8, 2021 NAFCU offers support, recommendations for Fed's asset threshold IFR NAFCU Sen…

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April 7, 2021 at 11:00 AM

NAFCU launches video, op-ed detailing risks of fintech banks

NAFCU launches video, op-ed detailing risks of fintech banks  Also: Berger, NCUA's Hauptman discuss top CU issues; Fed offers synthetic ID fraud definitionThe News You Need Daily  April 7, 2021 New NAFCU video urges policymakers to provide much needed fintech regulation NAFCU Tuesday …

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April 6, 2021 at 11:00 AM

Berger, NCUA's Harper talk capital, other CU priorities

Berger, NCUA's Harper talk capital, other CU priorities  Also: CFPB proposes mortgage servicing changes; Lt. Col. Harris shares leadership insights ahead of BOD conferenceThe News You Need Daily  April 6, 2021 NAFCU, NCUA Chairman Harper discuss CU priorities, concerns NAFCU President…

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April 5, 2021 at 11:00 AM

NAFCU stays focused on CU priorities, set to meet with NCUA

NAFCU stays focused on CU priorities, set to meet with NCUA  Also: NAFCU supports QM delay, flags GSE patch issue; Learn about Hudson Valley CU's financial literacy effortsThe News You Need Daily  April 5, 2021 This week: CU priorities top of mind as NAFCU's bold advocacy continues Wh…

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April 2, 2021 at 11:01 AM

North Carolina CUs, NAFCU meet with Rep. Budd on key issues

North Carolina CUs, NAFCU meet with Rep. Budd on key issues  Also: SCOTUS upholds narrow autodialer definition in win for CUs; Reps introduce NAFCU-sought bill on CU governanceThe News You Need Daily  April 2, 2021 CUs, NAFCU meet with House Financial Services Committee Member Budd NA…

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April 1, 2021 at 11:00 AM

CFPB rescinds policies on COVID relief

CFPB rescinds policies on COVID relief  Also: NAFCU meets with bureau on consumer access to financial data; NAFCU to highlight CUs during Financial Literacy MonthThe News You Need Daily  April 1, 2021 CFPB rescinds policies related to COVID relief The CFPB Wednesday rescinded several …

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March 31, 2021 at 11:00 AM

Biden signs PPP extension, SBA issues more info on hold codes

Biden signs PPP extension, SBA issues more info on hold codes  Also: 2021 NAFCU Board elections start today; New BSA Blast details BSA/AML changes, EIP fraudThe News You Need Daily  March 31, 2021 2-month PPP extension signed into law; SBA issues 2nd procedural notice on PPP hold, erro…

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March 30, 2021 at 11:00 AM

NCUA, FI regulators seek input on AI use

NCUA, FI regulators seek input on AI use  Also: CFPB, FTC investigate illegal evictions as CDC extends ban; NCUA's CUSO proposal open for 30 more daysThe News You Need Daily  March 30, 2021 FI regulators seek feedback on AI use Federal financial regulators – including the NCUA – Monda…

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March 29, 2021 at 11:00 AM

NAFCU counters banker attacks with facts on tax status, mergers

NAFCU counters banker attacks with facts on tax status, mergers  Also: NAFCU leaders offer inside look at Washington in webinar tomorrow; CFPB's ECOA discrimination rule explainedThe News You Need Daily  March 29, 2021 NAFCU gives lawmakers the facts in bankers' misleading attacks agai…

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March 26, 2021 at 11:00 AM

PPP extension heads to Biden, NCUA BSA webinar, more to know

PPP extension heads to Biden, NCUA BSA webinar, more to know  Also: NAFCU calls for swift risk-based net worth relief, details NCUA's CLF, asset threshold IFRsThe News You Need Daily  March 26, 2021 5 things to know this week The Senate passed legislation to extend the paycheck protec…

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March 25, 2021 at 11:00 AM

NAFCU spearheads effort to secure level playing field with fintechs

NAFCU spearheads effort to secure level playing field with fintechs  Also: CFPB releases consumer complaints report, blog on payday rule; Thaler flags CU tools to support COVID responseThe News You Need Daily  March 25, 2021 NAFCU leads efforts toward fintech fairness, transparency As…

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March 24, 2021 at 11:00 AM

NAFCU urges lawmakers to support MBL relief

NAFCU urges lawmakers to support MBL relief  Also: Thaler keeps focus on CU tools, flexibilities for COVID recovery; New-home sales see sharp fall in FebruaryThe News You Need Daily  March 24, 2021 NAFCU to Senate Small Biz: Exclude COVID loans from CUs' MBL cap Ahead of today's Senat…

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