That's how much the credit union tax exemption saves US consumers. Protect American consumers: save the exemption.
NAFCU is pleased to present our 2017 Report on Credit Unions, which is provided free to NAFCU members.
On November 27 save $333 on any NAFCU conference and online training subscription!
The CFPB today published its action in the Federal Register to remove the bureau's final arbitration rule from the federal code, effective immediately. The notice comes after President Donald Trump signed a congressional joint resolution disapproving of the rule earlier this month.
Despite a 2 percent increase in October, existing-home sales were still down year over year. NAFCU Research Assistant Yun Cohen said in a NAFCU Macro Data Flash report Tuesday that despite demand, "the lack of affordable inventory continues to constrain sales."
The NCUA published its 2018 schedule of open board meetings but says the schedule is subject to change at any time.
Sixty-three percent of respondents to NAFCU's latest Economic & CU Monitor survey on cybersecurity indicated they are "very concerned" about another Equifax-type data breach. The Monitor was sent to NAFCU members yesterday and is now available for download.
NAFCU Senior Regulatory Affairs Counsel Michael Emancipator in a letter yesterday outlined ways in which the NCUA could strengthen its regulatory reform efforts, including by reprioritizing some items and considering alternative criteria for credit unions to qualify for relief.
Fight back with the facts. NAFCU's 2017 study, "Economic Benefits of the Credit Union Tax Exemption to Consumers, Businesses, and the U.S. Economy" sets the record straight. Use the data in our study to strengthen your argument when talking to members of Congress and opinion leaders.
Credit unions did not contribute to the financial crisis yet are still subject to increasing regulatory requirements mandated under the Dodd-Frank Act. Accordingly, broad-based regulatory relief continues to be a top priority for NAFCU and its member credit unions.