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  • NAFCU before Senate Banking Tuesday on reg relief (Monday, September 15, 2014)
    NAFCU witness Linda McFadden, president and CEO of XCEL Federal Credit Union in Bloomfield, N.J., will seek regulatory relief for credit unions during a Senate Banking Committee hearing Tuesday that will also include witnesses for NCUA and banking regulators.
  • Furnace wins NAFCU’s 2014 Paul Revere Award (Monday, September 15, 2014)
    Walter Furnace, government and industry relations manager at American Airlines Federal Credit Union in Fort Worth, Texas, received NAFCU’s 2014 Paul Revere Award during the final day of the association’s Congressional Caucus Friday in Washington.
  • Retail sales increased 0.6% in August (Monday, September 15, 2014)
    Total retail sales increased 0.6 percent in August as year-over-year sales growth accelerated to 5 percent, according to data published by the Census Bureau and analyzed by NAFCU Staff Economist Doug Christman.
  • Shasky Calvery notes importance of BSA reporting (Monday, September 15, 2014)
    Financial Crimes Enforcement Director Jennifer Shasky Calvery answered questions about Bank Secrecy Act transaction reporting thresholds, guidance in dealing with marijuana-related businesses and more during NAFCU's 2014 Congressional Caucus on Friday.
  • Gerety: 'Cybersecurity doesn’t have to be complicated' (Monday, September 15, 2014)
    Treasury Department Acting Assistant Secretary for Financial Institutions Amias Gerety discussed the rising number of cybersecurity threats facing credit unions at NAFCU's 2014 Congressional Caucus Friday.
  • Sherman: Let CUs notify members of breaches (Monday, September 15, 2014)
    Rep. Brad Sherman, D-Calif., told NAFCU Congressional Caucus attendees he looked forward to devising a statute allowing financial institutions to notify consumers about the specifics of a data security breach when reissuing cards because of it.
  • House poised to vote points-and-fees fix, more (Monday, September 15, 2014)
    The House is poised to vote today on a bill facilitating prize-linked savings and another that combines the qualified mortgage point-and-fees fix and other bills under a suspension of House rules.
  • NCUA, AARP work together on financial literacy (Monday, September 15, 2014)
    NCUA and AARP are working on initiatives to promote financial education and outreach to consumers, the agency announced last week.
  • WSJ piece: Check out CUs for car loans (Monday, September 15, 2014)
    Credit unions are noted as a good source of affordable auto loans in a Wall Street Journal piece that ran Friday and quotes NAFCU-member Pentagon Federal Credit Union and Mid-Atlantic Federal Credit Union.
  • Ginnie Mae chief courts CUs at Caucus (Monday, September 15, 2014)
    Ginnie Mae President Ted Tozer promoted a continued government role in housing finance and encouraged credit unions to partner with his organization in remarks Friday during the closing general session of NAFCU’s Congressional Caucus.
  • NAFCU’s new, user-responsive website launches (Friday, September 12, 2014)
    NAFCU has launched its new, mobile-friendly and more-user-friendly website featuring a responsive design for optimal browsing, whether you’re using a mobile phone, tablet or desktop.
  • Furman, Layton talk economics, housing at Caucus (Friday, September 12, 2014)
    Jason Furman, the chairman of the Council of Economic Advisers, and Donald Layton, the CEO of Freddie Mac, updated credit unions on housing market and economic issues Thursday during NAFCU's Congressional Caucus in Washington.
  • Castro on housing finance reform: 'It's time' (Friday, September 12, 2014)
    Julián Castro, the new secretary of the Department of Housing and Urban Development, spoke to NAFCU Congressional Caucus attendees Wednesday about the importance of housing opportunities and ensuring access for small financial institutions to the secondary mortgage market.
  • MBL, marijuana, RBC, reg relief talk at NAFCU Congressional Caucus (Friday, September 12, 2014)
    Credit union attendees at NAFCU's Congressional Caucus Thursday heard from their lawmakers in the House and Senate about a wide range of issues important to them, including member business lending, NCUA's risk-based capital proposal, regulatory relief and serving marijuana-related businesses.
  • Berger on RBC: 'Measure twice, cut once' (Friday, September 12, 2014)
    NAFCU President and CEO Dan Berger suggested in an editorial published by The Hill that members of Congress remember the adage to "measure twice, cut once" as they consider NCUA's risk-based capital proposal.
  • Senate Commerce wants briefing on Home Depot data breach (Friday, September 12, 2014)
    Senate Commerce Committee Chairman John Rockefeller, D-W.Va.,  and Subcommittee Chairman McCaskill, D-Mo., in action lauded by NAFCU, yesterday wrote Home Depot seeking a briefing on the company’s recent data security breach.
  • At Caucus: NAFCU, CUNA leaders talk CU issues (Friday, September 12, 2014)
    The NAFCU and CUNA executive committees and senior staff discussed issues important to credit unions Thursday at the Mayflower Renaissance Hotel, headquarters for the NAFCU Congressional Caucus in Washington.
  • Sept. 18 agenda includes stabilization fund report (Friday, September 12, 2014)
    The NCUA Board’s Sept. 18 open meeting – the first that will include new Board Member Mark McWatters – will focus on technical rule changes, a community charter expansion request and a quarterly report on the Temporary Corporate Credit Union Stabilization Fund.
  • CFPB advisory board talks technology issues (Friday, September 12, 2014)
    CAB was established to advise CFPB in its role as the nation’s chief consumer financial protection regulator; this role was transferred to the bureau from the Federal Reserve Board under the Dodd-Frank Act.
  • Pelosi, more greet CU reps at Caucus reception (Thursday, September 11, 2014)
    House Democratic Leader Nancy Pelosi, D-Calif., Oversight and Government Reform Committee Chairman Darrell Issa, R-Calif., and other key House members conversed with credit union representatives attending NAFCU’s Congressional Caucus during a Caucus reception on Capitol Hill.
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