Help provide critical data as NAFCU's Board of Directors prepares for its meeting with the Federal Reserve Board.
NAFCU is the only trade association focused solely on the needs of federal credit unions.
Including Annual Conference in Montreal and our new credit union risk conference.
The Federal Reserve Board, pointing to its latest review of interchange fee revenue, issuer costs and fraud losses, yesterday said it does not plan to propose revisions to its Regulation II interchange fee standard.
Senate Banking Committee Chairman Tim Johnson, D-S.D., and Ranking Member Mike Crapo, R-Idaho, wrote Federal House Finance Agency Director Mel Watt requesting a 60-day extension of the comment period regarding proposed changes to Federal Home Loan Bank membership criteria.
The NCUA Board yesterday approved a set of technical rule changes as well as the community charter conversion request of First Service Federal Credit Union of Groveport, Ohio.
At first glance, you think this is utter nonsense. You tell yourself that you are always looking for the best people. But you are sometimes afraid of anyone knowing more than you. You like being the only expert. Ironically, it’s not enough just to be the boss.
What does your credit union stand for? Better yet, do your colleagues and employees know? We're not talking about buzzwords or the motivational signs that you've hung around the office. When a member walks into your credit union, what is his or her first impression?
NAFCU attended all of NCUA's three listening sessions in Los Angeles on June 26, 2014, Chicago on July 10, 2014 and Alexandria, Va. on July 17, 2014. During each session NCUA Board Chairman Debbie Matz said the agency would reexamine the risk weights in its proposed risk-based capital rule. Matz also said a second comment period for the proposal is unlikely and that the implementation period for any rule would be longer than 18 months.
The time and resources it takes to notify members, reissue cards, and make members whole in instances of fraud is overwhelming. Federal standards must exist for merchants on the safekeeping of financial and personal information, as well as data breach notification.