NAFCU, Treasury’s Amir-Mokri meet on CU issues

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Cyrus Amir-Mokri

Dec. 12, 2013 – NAFCU President and CEO Dan Berger, Senior Vice President of Government Affairs and General Counsel Carrie Hunt and other senior staff met Wednesday with Treasury Assistant Secretary for Financial Institutions Cyrus Amir-Mokri for discussion of issues affecting the credit union industry.

The meeting, held at Treasury’s Washington, D.C., headquarters, addressed the state of the credit union industry; growing regulatory burden for credit unions, including from CFPB’s qualified mortgage rule; housing finance reform and credit unions’ access to the secondary market; the importance of credit unions’ federal tax exemption; and cybersecurity issues.

Berger said the meeting produced a free exchange of views on policy and economic issues affecting NAFCU member credit unions. “We thank Assistant Secretary Amir-Mokri for hosting us and look forward to future communications on issues important to the credit union industry,” he said.

NAFCU Senior Regulatory Affairs Counsel Tessema Tefferi also participated in Wednesday’s meeting.