See why so many credit unions have joined NAFCU.
NAFCU's government affairs team provides insight on top 2017 issues facing credit unions.
Make sure you’re prioritizing your compliance efforts based on where regulators are focusing.
House Financial Services Chairman Jeb Hensarling, R-Texas, on Wednesday said the White House and leaders in Congress have assured him there will be action this year on reform of the Dodd-Frank Act, Reuters reported.
Sen. Mike Rounds, R-S.D., a member of the Senate Banking Committee, urged bankers to drop their lobbying against credit unions' tax exemption during an American Bankers Association meeting in Washington yesterday.
NAFCU Executive Vice President of Government Affairs and General Counsel Carrie Hunt urged the Defense Department Wednesday to extend the Oct. 3 compliance deadline under Military Lending Act rules for credit card accounts.
“Part of our mission is to help our members achieve their own wealth,” says Robin Romano, CEO of MariSol Federal Credit Union in Phoenix, Ariz. “We want people to keep more of their money.” Most, if not all, financial institutions across the country share that goal for communities often overlooked by larger banks.
As I am sure most of you know, HMDA's new rule begins to go into effect next year. With this year's reporting deadline in the rearview mirror, some of you may now be focusing on developing new procedures to ensure your credit union's compliance with the new HMDA rule.
Your members' money exclusively funds the operations of NCUA, and because every single dollar counts, NAFCU holds the NCUA to the highest standards when it comes to managing the Credit Union Share Insurance Fund (NCUSIF), refunds from the Temporary Corporate Credit Union Stabilization Fund (TCCUSF) and the agency's operating budget. Stay updated on these issues and our advocacy efforts on your behalf.
On February 19, 2016, the NCUA Board unanimously approved a final member business lending rule that amends Part 723 of NCUA's Rules and Regulations regarding the ability of federally-insured credit unions to make Member Business Loans (MBLs). Download NAFCU's Final Regulation summary and full rule text.