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NAFCU offices closed in aftermath of snowstorm
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NAFCU’s offices are closed today as a result of the region’s latest dump of snow, with Washington, D.C.-area localities dealing with accumulations from the teens to more than 30 inches.
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Becker writes Obama, Geithner on GSEs
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NAFCU President Fred Becker on Friday urged President Obama and Treasury Secretary Tim Geithner to ensure preservation of a housing finance model that continues to provide important liquidity for credit union lending.
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Senate action brewing on jobs, reg reform
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Senate leaders will be working to advance a jobs bill this week that NAFCU is hoping may serve as a vehicle for an increase in credit unions’ member business loan cap.
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Regulators issue guidance on small-biz lending
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Financial institutions that lend to small business borrowers after performing a comprehensive review will not be subject “to criticism for loans made on that basis,” the federal financial regulatory agencies, including NCUA, said Friday.
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NAFCU Board election cycle begins
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The NAFCU Board will gain at least one new director in this year’s election cycle, which will affect two at-large seats and the seats representing Regions II and V.
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No surprise that CUs get top marks, Becker says
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NAFCU President Fred Becker said a recent Forrester survey placing credit unions in the top tier of institutions rated for their focus on customer advocacy underscores the value of the cooperatives’ core principles.
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January employment data show mixed results
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January’s employment report was a mixed bag of positive and negative news, but ultimately the data did nothing to change NAFCU’s view that a strong rebound in the labor market is unlikely.
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