News

NAFCU Today is NAFCU’s free daily enewsletter. It is the leading source of news covering all credit union industry matters and has more than 8,500 subscribers. NAFCU Today publishes more than 1,200 articles a year.

Sign up to have NAFCU Today delivered right to your inbox each morning.

RSS Feed Icon Access the NAFCU news RSS feed.



Filter By Year:

Filter By Month:

Order By:

Results

  • September's Compliance Monitor eyes DoD's MLA amendments (Wednesday, September 2, 2015)
    The September issue of NAFCU's Compliance Monitor is now available and reviews the Department of Defense's final rule amending regulations under the Military Lending Act and how it expands the scope of the current regulations.
  • CFPB's focus on auto lenders may result in higher loan prices (Wednesday, September 2, 2015)
    CFPB's efforts to police the way car loans are priced to avoid discrimination against minority buyers is causing some automakers to overhaul their loan pricing, a move that could increase consumers' overall loan costs.
  • NAFCU raises concerns about FCC exemption (Wednesday, September 2, 2015)
    NAFCU Senior Vice President of Government Affairs and General Counsel Carrie Hunt raised concerns in a letter to the Federal Communications Commission about its recent ruling on robocall exemptions, which NAFCU believes will prevent credit unions from alerting members about identity theft or data breaches in a timely manner.
  • NCUA launches new CU search tool (Wednesday, September 2, 2015)
    NCUA released an improved online research tool on Tuesday aimed at making detailed information about federally insured credit unions easier to find for consumers.
  • WSJ: CIOs must act defensively after FTC ruling (Wednesday, September 2, 2015)
    In the wake of the U.S. appeals court ruling confirming the Federal Trade Commission's authority to regulate cybersecurity, chief intelligence officers should document their companies' cybersecurity compliance, according to The Wall Street Journal.
  • American Banker, CUJournal pick up NAFCU's online lender warning (Wednesday, September 2, 2015)
    Both American Banker and Credit Union Journal picked up NAFCU's call for more consumer protection requirements for online lenders, in the association's letter to the Treasury Department last week.
  • FHA seeks comments on proposed loan certification form changes (Wednesday, September 2, 2015)
    The Federal Housing Agency is requesting comments on its newly proposed changes to the Department of Housing and Urban Development's "Addendum to Uniform Residential Loan Application." The proposed changes are based on suggestions made during the proposal's previous comment period.
  • NAFCU names Lyon as director of education (Wednesday, September 2, 2015)
    NAFCU has named Devon Lyon, a NAFCU Certified Compliance Officer (NCCO), as the association's director of education – action that bolsters NAFCU's strategy to focus on its three core competencies: advocacy, education and compliance.
  • SCICAP CU closed (Tuesday, September 1, 2015)
    The Iowa Credit Union Division granted the authority to place SCICAP Credit Union of Chariton, Iowa, into receivership on Friday, and NCUA was named liquidating agent.
  • FBI: Business email scam losses top $1.2B (Tuesday, September 1, 2015)
    A new FBI alert estimated that fraud losses linked to business email scams worldwide totaled more than $1.2 billion from October 2013 through August – though experts say the losses could be higher as some incidents go unreported.
  • Fed at Jackson Hole: Rate increase still planned (Tuesday, September 1, 2015)
    Federal Reserve Vice Chairman Stanley Fischer sent the message that plans for an interest rate increase this year are still on, during the Kansas City Federal Reserve's annual retreat in Jackson Hole, Wyo.
  • NCUA invites comments on OTR, operating fee methodologies (Tuesday, September 1, 2015)
    NCUA Board Chairman Debbie Matz announced Monday that the agency will seek comments from credit union stakeholders and the public on the methodologies used for calculating both the overhead transfer rate and the federal credit union operating fee.
  • NAFCU applauds NCUA's MBL proposal (Tuesday, September 1, 2015)
    NAFCU President and CEO Dan Berger wrote NCUA to express the association's appreciation for the proposed member business lending rule that eliminates the waiver process and provides much-needed regulatory relief.
  • Berger to meet with Matz, Metsger (Tuesday, September 1, 2015)
    NAFCU President and CEO Dan Berger will meet with NCUA Chairman Debbie Matz and Vice Chairman Rick Metsger this week to discuss the top regulatory concerns of credit unions as well as the agency's agenda for the remainder of 2015.
  • NCUA charters Redeemer FCU (Monday, August 31, 2015)
    Redeemer Federal Credit Union, the fourth federally chartered credit union in 2015, will serve employees and members of the Redeemed Christian Church of God North America Inc., and is expected to open in December with its headquarters in Greenville, Texas.
  • Congress back next week; Obama warns against shutdown (Monday, August 31, 2015)
    With one week to go before the end of the congressional recess, President Barack Obama warned lawmakers via Twitter to not "kill" the "growing economy" through another government shutdown or austerity measures.
  • Google to launch Android Pay 'soon' (Monday, August 31, 2015)
    Google tweeted last week that those waiting for its mobile wallet app, Android Pay, to launch should "stay tuned" for an announcement "soon."
  • NAFCU warns of lack of regulation for online lenders (Monday, August 31, 2015)
    NAFCU Regulatory Affairs Counsel Kavitha Subramanian warned of the lack of consumer protections for borrowers who use online lenders, in a letter to the Treasury Department. She also raised concerns about the "uneven playing field" created by the over-regulation of credit unions compared to the unregulated online lenders.
  • NAFCU: CFPB should address reputational, privacy issues in database (Monday, August 31, 2015)
    NAFCU shared its concerns with CFPB on Friday regarding the bureau's Consumer Complaint Narrative Database, saying existing "reputational and consumer privacy issues" within the current system should be addressed first before adding functionality tools to the database.
  • Lawmakers urge CFPB to collect small-business lending data (Monday, August 31, 2015)
    Lawmakers are pressuring CFPB to start requiring lenders to provide better data about the loans they make to small businesses – such as the race and gender of the business owner and the businesses' current revenue – in order to better track trends and enforce fair-lending laws in small-business lending.
  • 12345...Next