2010 News

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2010 News

  • Final regs on fiduciary duties, appraisals online (December 30, 2010)
    NAFCU members can download the association’s Final Regulations on federal credit union directors’ fiduciary duties and interagency appraisal guidelines now via this website.
  • Impact on NCUA of pay freeze still uncertain (December 30, 2010)
    A two-year pay freeze for federal employees is set to apply also to those employees whose salaries are set by federal agencies rather than Congress – and could well apply to employees at NCUA.
  • Mortgage registry, NCUA reps in Jan. 12 webcast (December 30, 2010)
    NAFCU’s Jan. 12 webcast on federal mortgage originator registration rules will include Tim Doyle, vice president of policy and operations for the entity that runs the national registry, and NCUA staff involved in their implementation.
  • NAFCU closing for New Year’s (December 30, 2010)
    NAFCU’s offices will close today at 1 p.m. and remain closed through Friday in observance of the New Year’s holiday.
  • NAFCU questions cross-border transfer proposal (December 30, 2010)
    A proposed rule on the reporting of cross-border electronic transmittals of funds wouldn’t have much impact on credit unions, but NAFCU questions whether it’s really useful or wise given the vast amount of information already reported under federal anti-money laundering and anti-terrorism rules.
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