Download a summary of NAFCU's 2018 Advocacy Priorities
After a strong 2017 marked by successes for NAFCU and its members — including nine Congressional testimonies by our members, 315% increase in grassroots action, numerous meetings with key members of the administration, and much more — we are looking forward to an exciting
new year. We continue our focus on providing the best federal advocacy, top-rated education and award-winning compliance assistance.
The following are NAFCU's legislative and regulatory priorities for 2018.
NAFCU supports a regulatory environment that allows credit unions to grow. There must be a regulatory environment that supports innovation and encourages credit unions to provide consumers and small businesses with access to credit.
NAFCU supports appropriate, tailored regulation for credit unions and relief from growing regulatory burdens. Credit unions are swamped by an ever-increasing regulatory burden from the CFPB and other regulators, often by rules aimed at bad actors and not community institutions. Regulatory relief must be achieved via legislative and regulatory tracks.
NAFCU supports a fair playing field. Credit unions should have as many opportunities as banks and non-regulated entities to provide sensible credit to our nation's consumers. Unregulated entities, such as predatory payday lenders, must not escape oversight.
NAFCU supports government transparency and accountability. Regulators need to be transparent and accountable in their actions, with the opportunity for public input, and should respect different viewpoints.
NAFCU supports a strong, independent NCUA as the primary regulator for credit unions. The NCUA is best situated with the knowledge and expertise to regulate credit unions, which are unique.