News & Insight

NAFCU asks CFPB to pull back HMDA data collection requirements

Thursday, January 18, 2018

NAFCU President and CEO Dan Berger made several recommendations to the CFPB in a letter Wednesday regarding its ongoing review of the agency's Home Mortgage Disclosure Act (HMDA) data collection activities - including limiting the collection to only those fields mandated under the Dodd-Frank Act.

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McDonald to Congress: Providing loans to members in need 'is what credit unions are here for'

Thursday, January 18, 2018

NAFCU witness Sonya McDonald yesterday told members of the House Small Business Committee that providing loans and financial services to consumers in need "is what credit unions are here for." McDonald was testifying before the committee on how to strengthen the Small Business Administration's (SBA) 7(a) loan program.

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Article: From The Chair - NAFCU Is Working For You Every Day

Thursday, January 18, 2018

The main job of a trade association is advocacy. One track of advocacy is done by you — credit union leaders who are on the front lines every day, sharing with policymakers exactly what they need for a healthy regulatory environment.

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Article: 2018 Economic Outlook - It's Complicated

Thursday, January 18, 2018

The 'gig economy' is growing, creating new challenges for credit unions in 2018.

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Issues & Regulations

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The banking industry has relentlessly attacked the credit union tax exemption.

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.

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Five Tenets of a Healthy and Appropriate Regulatory Environment that NAFCU Supports

Regulatory Relief

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.

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