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The NCUA Board will hear the quarterly report on the state of the National Credit Union Share Insurance Fund at an open meeting today and will discuss a proposed interagency rule on flood insurance, as well as a proposed rule on corporate credit unions.
NAFCU President and CEO Dan Berger and Vice President of Legislative
Affairs Brad Thaler Wednesday were named top association lobbyists for 2014 by The
NAFCU Vice President of Legislative Affairs Brad Thaler wrote Senate Banking Committee Ranking Member Mike Crapo, R-Idaho, in support of the senator's views published in American Banker advocating targeted reforms to help small financial institutions.
On Monday, the CFPB announced that it finalized the privacy notices rule with the intent to promote more effective privacy disclosures from financial institutions to their customers/members.
Yesterday, a colleague and I were discussing just how dangerous emails are. We've all received an email that took the wind out of our sails. A poorly crafted email can be a punch in the gut.
NCUA said a second proposal on risk-based capital – which NAFCU has been pressing for over the past year – could be issued for comment before the end of this year. The amended proposal will include a longer implementation period and revised risk weights for mortgages, investments, member business loans, credit union service organizations and corporate credit unions, among other changes.
Results of NAFCU's October 2014 Economic & CU Monitor survey show credit unions' concern and focus on data and cybersecurity in order to safeguard their members.