News & Insight

NAFCU seeks comments on fixed-assets proposal

Wednesday, April 01, 2015

NAFCU is seeking member comments on NCUA's new fixed-assets proposal, which would eliminate the 5 percent limitation on federal credit union investments in fixed assets and establish a six-year time period for partial occupancy of premises acquired for future expansion.

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Reg Compliance School Day 2: Regs E, CC, FCRA and more

Wednesday, April 01, 2015

Attendees during Day 2 of NAFCU's Regulatory Compliance School learned about federal rules on electronic transfers (Regulations E) and funds availability (Reg CC), NCUA's lending rules and requirements under the Fair Credit Reporting Act.

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Musings from the CU Suite Blog Post: 5 Reasons Why Risk Management People are Brilliant

Wednesday, April 01, 2015

Yesterday, I spoke with nearly 200 risk management people attending NAFCU's Regulatory Compliance School. I use the term "risk management" to include internal auditors, compliance professionals, and those with "risk management" in their title. All of them spot risk at your credit union and help tap it down. I simply love risk management peeps, and I'll tell you why.

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Editorial: When best practices are worst practices

Wednesday, April 01, 2015

I think best practices are often useless. I think benchmarking is really stupid. Actually, I think they're both really stupid and useless ... if they are done improperly.

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Issues & Regulations

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Send your RBC2 comments to NAFCU by April 3

Capital Reform

Download our Regulatory Alert for a summary of the new proposed risk-based capital rule and a link to send NAFCU your comments. Help fight this expensive, unnecessary regulatory burden.

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NAFCU witness testifies that reg burden in credit unions' top challenge

Regulatory Relief

Peggy Bosma-LaMascus, president and CEO of Patriot Federal Credit Union, testified before the House Financial Services Committee on the need for regulatory relief for credit unions. Download this and more recent regulatory relief testimony.

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