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NAFCU's Dan Berger reiterated the heavy toll regulatory burden takes on credit unions and their 104 million members in letters Thursday to presidential nominees Hillary Clinton and Donald Trump, and he noted the association's willingness to work with both parties in this regard.
The Defense Department, in the text of an interpretive rule slated for publication on changes to the Military Lending Act, includes NAFCU-sought clarification that the MLA will not prohibit the use of statutory lien authority by federal credit unions.
Democratic presidential nominee Hillary Clinton on Thursday revealed more details in her regulatory relief plan for credit unions and other community institutions, including making clear when they are exempt from regulation and cutting down on regulatory "creep."
Download the latest Economic & CU Monitor report for survey results related to CFPB's proposed arbitration rule. (Member-only; login required).
During the past year and a half, NAFCU staff and I have visited more than 300 credit unions around the country. It’s important for us to engage with and know our members; that engagement helps us strengthen our relationships with credit unions and to be a better voice for them in Washington, D.C. We learned a lot from these visits, but one of the things that really stood out are the numerous ways credit unions themselves are engaging with their communities to stay strong and to grow.
Contact your members of Congress to support the repeal of the Durbin amendment on interchange.
Data security breaches are a serious problem for both consumers and businesses. We urge credit unions to take action.