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October 04, 2013

NAFCU member call-in Oct. 17 eyes mortgage rules, cybersecurity, more

Oct. 7, 2013 – NAFCU is holding its next member call-in, "A Credit Union Industry Update," on Oct. 17 to give member credit unions a candid look at key issues affecting the industry, including new mortgage rules and growth in cyber threats.

NAFCU President and CEO Dan Berger said the upcoming call is being held at a critical time for the industry. "Credit unions are facing challenges from all directions – from the current federal shutdown to CFPB's mortgage rules, tax reform and the growing threat of a major cyber attack on the financial industry," he said. "Our Oct. 17 call will be our members' opportunity to hear frank assessments about the latest developments affecting them and learn more about what steps NAFCU is taking to address those."

The call-in will brief NAFCU member credit unions on the above-noted issues and more, including the legislative and regulatory developments on housing finance reform and regulatory relief (including NAFCU's five-point plan for credit union relief); and possible action Oct. 24 by the NCUA Board.

In addition to Berger, the Oct. 17 call will include remarks by NAFCU Senior Vice President of Government Affairs and General Counsel Carrie Hunt, Vice President of Legislative Affairs Brad Thaler, Director of Research and Chief Economic David Carrier and more.

Participation in the call, set for 4-5 p.m. Eastern, is free as a benefit of membership in NAFCU. Registration is required.