Board of Directors
Become a NAFCU Member
NAFCU Employment Opportunities
Great links, big ideas and a splash of random commentary for CU leaders.
Legislative & Regulatory Issues
Annual Privacy Disclosure Notices
CFPB's Qualified Mortgage Definition
Credit Union Tax Exemption
Defense Credit Union Issues
Housing Finance Reform
Member Business Lending
Regulatory Comment Letters
Legislative Policy Letters
Beltway Buzz Enewsletter
The Regulatory Affair Enewsletter
Grassroots Action Center
Download RBC2 talking points to help write your comment letter to NCUA.
Regulation & Compliance
Contact the Compliance Team
CFPB Mortgage Rules Compliance
Monthly Compliance Enewsletter
Quarterly BSA Enewsletter
Book of Answers
Compliance GPS Manual
NAFCU Compliance Blog
Additional Compliance Resources
Compliance Resources Search
Compliance Certification Program
Become an NCCO
Purchase or Retake Exams
Maintaining Your NCCO
Submit Non-NAFCU Programs for Credits
NCCO Program Frequently Asked Questions (FAQs)
NCCO Compliance Support Package for State-Chartered CUs
The 2015 edition of NAFCU's Compliance GPS e-manual is now available.
Data & Research
Economic & Credit Union Industry Trends
CU Industry Trends Quarterly Report
Economic and CU Research Enewsletter
Macroeconomic Data Flash Reports
NAFCU Annual Report on Credit Unions
Credit Union Federal Tax Exemption Study
Participate in Credit Union Research Surveys
Measure Your CU Financial Performance
Credit Union Capital Management Tools
CU Data & Research Publications
Economic Data & Forecast Web Links
How are economic changes impacting your credit union?
Education & Conferences
Strategic Growth Conference
Regulatory Compliance School
CEOs and Senior Executives Conference
Board of Directors and Supervisory Committee Conference
Annual Conference and Solutions Expo
Risk Management Seminar
Management and Leadership Institute
Regulatory Compliance Seminar
Advertise & Exhibit
Online Training Center
Live and On-Demand Webcasts
Compliance Webcast & Online Training Subscription
Board of Directors and New Staff Online Training Subscription
Management and Leadership Series
Online Training Center All Access Pass
Certifications & Training Certificates
NAFCU Certified Compliance Officer (NCCO) Program
NAFCU Certified Risk Manager (NCRM) Program
Financial Literacy Training Certificate
BSA Training Certificate
Supervisory Committee Training Certificate
Credits for CPAs
It's raining webcasts in April! From compliance hot topics to board evaluations.
Check out the lineup
About NAFCU Services
Preferred Partners A-Z
Growth and Retention
Financial and Insurance
Infrastructure and Operations
Training and Compliance
Live Webinar Schedule
NAFCU Services Blog
Become a Preferred Partner
Browse free educational resources for credit unions.
Visit the Partner Library
Senate Banking panel eyes 'too big to fail'
Senate Banking panel eyes 'too big to fail'
July 28, 2104 – NAFCU will monitor a Senate Banking subcommittee hearing on a Government Accountability Office report on “too big to fail” banks Thursday and a House committee mark-up tomorrow of several bills.
The Senate Banking Subcommittee on Financial Institutions and Consumer Protection will examine a GAO report requested by subcommittee Chairman Sherrod Brown, D-Ohio, and Sen. David Vitter, R-La., Thursday afternoon. Witnesses will include Lawrance Evans, GAO’s director of financial markets and community investment, and finance professors from Virginia Tech, Boston College and Stanford University.
Tomorrow morning, the House Financial Services Committee will mark up several measures, including:
H.R. 5018, the “Federal Reserve Accountability and Transparency Act,” which would require the Federal Reserve to do a cost-benefit analysis for any new rule;
H.R. 3240, the “Regulation D Study,” which would require a thorough GAO study to study the impact of Regulation D’s reserve requirements on depository institutions, consumers and monetary policy;
H.R. 3913, which would require agencies to make certain considerations relating to efficiency, competition and capital formation before issuing or modifying certain regulations;
H.R. 4042, the “Community Bank Mortgage Service Asset Capital Requirements Study Act,” which would delay the implementation of Basel III regulations on mortgage servicing assets until an impact study could be conducted.
NAFCU witness and Dover Federal Credit Union President and CEO David Clendaniel
in favor of H.R. 3240 and H.R. 3913 before the House Financial Services Subcommittee on Financial Institutions and Consumer Credit earlier this month, and urged the inclusion of NCUA’s risk-based capital proposal in H.R. 4042 so that a similar study could be done on the proposal’s potential impact before being implemented.
Also this week, the Senate Banking Subcommittee on Housing, Transportation, and Community Development will hold a hearing on the flood insurance claims process, and the full Banking Committee will hold a hearing on financial products for students.
"Clendaniel welcomes Reg D review, more," 7/16/14