Urge Congress to support the repeal of the Durbin amendment on interchange.
Use this tool to evaluate your credit union's options to comply with the new CECL accounting standard.
NAFCU President and CEO Dan Berger extends a thank you to credit unions and their volunteers.
The Dodd-Frank Act's impact on the current regulatory environment and smaller financial institutions such as credit unions was cited often by House Financial Services Committee members and witnesses during Wednesday's hearing examining the "Financial CHOICE Act," introduced by panel Chairman Jeb Hensarling, R-Texas, as H.R. 10.
NAFCU President and CEO Dan Berger reiterated the economic value of the credit union federal corporate income tax exemption Wednesday as the Trump administration announced key principles for tax reform.
House Financial Services Subcommittee on Financial Institutions and Consumer Credit Chairman Blaine Luetkemeyer, R-Mo., this week reintroduced his NAFCU-backed "CLEARR Act," which contains several provisions for regulatory relief for credit unions.
Every once in a while we like to review recent news and highlight some noteworthy headlines and resources. Here are some key items from the past couple of months.
Risk management – measuring risk and planning how to mitigate it – really is a hot topic for credit union professionals, but what are the regulatory examiners looking for when they evaluate the risk management systems at your credit union? When examiners come – what should you expect?
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.