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Today's News February 10, 2010


NAFCU urges anew: No CFPA for CUs
While NAFCU agrees with TARP Congressional Oversight Panel Chair Elizabeth Warren that steps are needed to protect consumers from bad actors in the financial services industry, the association will continue to oppose the application of the Consumer Financial Protection Agency to the credit union industry.

NAFCU closed again, rescheduling Member Call-In
Due to severe winter weather in Washington, NAFCU is postponing today’s Member Call-In and will reschedule it in the coming week.

Reg compliance webcast one week away
Today is the final day to receive registration discounts for NAFCU’s Feb. 17 webcast, where NAFCU Director of Regulatory Compliance Anthony Demangone and his team will discuss upcoming regulatory compliance deadlines.

NCUA: CUSO may offer reg compliance services
A credit union service organization may provide regulatory compliance services for credit unions, NCUA said in a Jan. 25 legal opinion letter to a law firm in Media, Pa.

County may sponsor, not own, an FCU
A county government can assist in the organization and operation of a federal credit union but cannot “own” the institution, according to a Jan. 21 legal opinion by NCUA Deputy General Counsel Mike McKenna.

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Feb. 11, 17
Learn how to become a Fannie lender; latest in reg compliance.

Call-in Feb. 16
Get the latest info on issues in free Member Call-In.

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