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  • ABA sues over FOM rule; NAFCU will stand by NCUA (Wednesday, December 7, 2016)
    The American Bankers Association today filed a suit against NCUA over the agency's final field-of-membership rule, which is currently set to take effect Feb. 5.
  • NAFCU, trades push for CFPB commission (Wednesday, December 7, 2016)
    NAFCU and three other financial industry trades today strongly urged Senate leaders to pass legislation that would create a five-person, bipartisan board to govern the CFPB.
  • NAFCU, trades push regulatory cost control (Wednesday, December 7, 2016)
    NAFCU and 379 other associations joined in calling for House Speaker Paul Ryan, R-Wis., to make the "Regulatory Accountability Act" – a bill that would mandate cost control in regulation – a priority in the 115th Congress.
  • NAFCU holds 2 Regulatory Compliance Schools in 2017 (Wednesday, December 7, 2016)
    Credit union professionals have two opportunities in 2017 to attend NAFCU’s Regulatory Compliance School: April 10-14 in Arlington, Va., and Oct. 9-13 in San Diego, Calif.
  • FOM final rule effective Feb. 5 (Wednesday, December 7, 2016)
    The NCUA's final field-of-membership rule – a NAFCU-sought update that provides long overdue regulatory relief to credit unions – will go into effect Feb. 5, 2017.
  • NAFCU at national security telecommunications meeting (Wednesday, December 7, 2016)
    NAFCU today will participate in a meeting of the President's National Security Telecommunications Advisory Committee focused on cybersecurity initiatives.
  • NCUA updates Consumer Assistance Complaint portal (Wednesday, December 7, 2016)
    The NCUA has made changes to its Consumer Assistance Complaint portal to allow for expanded portal access for credit unions.
  • NAFCU talks CU issues, advocacy priorities with NCUA (Wednesday, December 7, 2016)
    NAFCU Executive Vice President of Government Affairs and General Counsel Carrie Hunt and top members of the association's government affairs team went to NCUA this week to discuss credit union concerns and related advocacy goals.
  • CUs can save $300 on all conferences through Jan. 6 (Tuesday, December 6, 2016)
    NAFCU is offering savings of $300 on any 2017 conference and online training program with the code HOLIDAY through Jan. 6.
  • NAFCU cybersecurity committee talks FS-ISAC offerings today (Tuesday, December 6, 2016)
    Financial Services Information Sharing and Analysis Center (FS-ISAC) Director Jeffrey Korte will discuss a recently launched Credit Union Council and Advisory Group during today's NAFCU Cybersecurity and Payments Committee meeting.
  • 3Q CU membership passes 106M (Tuesday, December 6, 2016)
    NCUA call report data shows credit union membership rose 1.3 percent during the third quarter of this year, passing the 106 million mark.
  • NAFCU webcasts eye fair lending, NCUA IRR exams (Tuesday, December 6, 2016)
    Credit union professionals will learn more about regulatory expectations regarding fair lending compliance and changes to interest-rate risk supervision during this week’s NAFCU webcasts.
  • Year-end reg review in December Compliance Monitor (Tuesday, December 6, 2016)
    NAFCU's December Compliance Monitor provides a one-stop, year-end review of final rules, proposals and guidance affecting credit unions' regulatory compliance responsibilities. The issue is available now for download.
  • NAFCU committee urges NCUA Board against NCUSIF premium (Tuesday, December 6, 2016)
    The NAFCU Share Insurance, Liquidity and Development Fund Oversight Committee, made up of association member representatives, on Monday urged the NCUA Board to explore options that would negate the need for a share insurance premium to be charged in 2017.
  • 3Q CU membership passes 106 million (Monday, December 5, 2016)
    NCUA call report data shows credit union membership rose 1.3 percent during the third quarter of this year, passing the 106 million mark.
  • Vehicle sales slow in November (Monday, December 5, 2016)
    Total vehicle sales slowed to a pace of 17.9 million seasonally adjusted annualized units in November as pent-up demand from the recession diminishes, said NAFCU Research Assistant Yun Cohen in a NAFCU Macro Data Flash report Friday.
  • Fed Gov. Brainard talks fintech; OCC considers charters (Monday, December 5, 2016)
    Federal Reserve Gov. Lael Brainard, at the Conference on Financial Innovation on Friday, said fintech has the potential to expand access to credit and other financial services for consumers and small businesses but risks need to be managed and consumers protected throughout the process.
  • House chairmanships announced for 115th Congress (Monday, December 5, 2016)
    House committee leaders for the 115th Congress were announced last week, including new chairmen for the Energy and Commerce and Appropriations committees.
  • FOM comments due to NCUA Dec. 9 (Monday, December 5, 2016)
    Comments on the NCUA's new proposed field-of-membership rule, which furthers community charter options for federal credit unions, are due Dec. 9.
  • NAFCU's Long: Dec. rate hike ‘certain’ (Monday, December 5, 2016)
    NAFCU Chief Economist and Director of Research Curt Long said November’s payroll increase of 178,000 jobs was positive despite labor force participation and wage growth being on the decline.
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