- NAFCU Policy Letters to Capitol Hill
Read policy letters that NAFCU has sent to Capitol Hill.
- Paul Revere Award
The Paul Revere Award is awarded to the credit union grassroots activist of the year. This award is intended for the individual who regularly and effectively trumpets the battle cry of the credit union community just as Paul Revere did in his day. The award is based on the grassroots contacts that have been made by individuals and reported to NAFCU. The award will be presented at NAFCU's Congressional Caucus.
- White Hat Award
The White Award is awarded to the member credit union that raises the most for NAFCU/PAC. The award, presented at NAFCU's Annual Conference and Solutions Expo honors the winning credit union's commitment to NAFCU/PAC and to helping keep credit union supporters in Congress.
- Grassroots Activism Awards
In recognition of the superlative grassroots efforts and impressive NAFCU/PAC contributors, NAFCU annually presents The Paul Revere Award and the White Hat Award to those individuals and credit unions who have shown exemplary grassroots efforts.
- Legislative Resource Center
NAFCU’s Legislative Resource Center serves as an expert resource on credit union issues. The Center supports NAFCU’s advocacy initiatives and keeps credit union professionals informed about Congress and the legislative activities that affect the credit union industry.
The Center provides information on legislation under consideration in the House and Senate. NAFCU also compiles and makes its position on every policy accessible to the public. The Center’s Congressional Resources will enable you to track all legislation from its introduction on the Floor to its signing by the President. We hope you will become your own credit union’s advocate by visiting our Grassroots Action Center.
As always, if you need assistance accessing the center’s resources or have any questions regarding legislative issues, please feel free to contact NAFCU’s Legislative Affairs Staff.
- Maximize Your Membership
Welcome to NAFCU! The needs of credit unions are our priority, and the dedication of our staff is what makes us a unique and proud supporter of our members.
- Congressional Caucus
The 2013 NAFCU Congressional Caucus, September 8-11 in Washington, DC, is your opportunity to meet face-to-face with members of Congress after a critical election year. Take an active role in the political process and raise awareness for the important credit union issues we face to help move our industry forward.
- Capitol Hill Visits
Your visits with your members of Congress will provide valuable information on how an issue will affect your members, allow face-to-face contact and the chance to see what arguments and information are persuasive, and offer an opportunity to get to know your legislator personally. Schedule your visits to the Hill at NAFCU's Congressional Caucus.
- Lobbying and Legislative Issues Update Session
Attend Sunday’s Lobbying and Legislative Issues Update session to hear from NAFCU’s experts about current credit union legislation and regulations being issued by the CFPB and NCUA. NAFCU’s lobbying team will share their insight and answer your questions about the issues that are most important to your credit union.
- Keynote Speaker
Hear Renowned Political Analyst and Commentator for CNN and Columnist for Newsweek and The Daily Beast, Paul Begala at NAFCU’s Congressional Caucus.
- Issues We’re Bringing to the Hill
NAFCU’s Congressional Caucus brings together credit unions from across the country to raise awareness of the industry’s unique nature and role with legislators in Washington, and to reinforce the need for choice and availability of financial services.
- Legislation / Regulation
NAFCU’s government affairs team provides essential credit union advocacy and sets the standard for strength and stability with our industry-renowned responsiveness. Our 12 experienced and proactive lobbyists work on Capitol Hill, with the NCUA Board and other federal agencies as well as the general public to ensure the legislation that passes is in the best interest of credit unions and our members. NAFCU has been a strong advocate for its members on issues such as regulatory reform, deposit insurance, changes to the bankruptcy code and new consumer protection legislation.
- NAFCU Key Legislative Issues
NAFCU's Legislative Affairs division works tirelessly to keep you informed on any and all issues that may impact your credit union. Compiled here is a list of the most immediate and important issues facing the credit union industry.
- Supplemental Capital
Allowing eligible credit unions access to supplemental capital, in addition to retained earning sources, will help ensure healthy credit unions can achieve manageable asset growth and continue to serve their member-owners efficiently as the country recovers from the financial crisis. Read more in this credit union issue brief.
- Flood Insurance
After several active hurricane seasons and devastating floods over the past few years, flood insurance has garnered much attention from lawmakers in Congress. While there had been a lack of consensus on how to reform the National Flood Insurance Program (NFIP), leading to a series of short-term extensions, Congress acted in June 2012 to reauthorize the program for an additional 5 years. Read more in this credit union issue brief.
- Defense Credit Union Issues
Specific legislative issues affecting Defense Credit Unions.
- Automatic Teller Machine (ATM) Disclosures
Currently, the Electronic Funds Transfer Act (EFT) and its implementing rule, Regulation E (12 CFR 205.16), require ATM operators to provide two separate notices to consumers regarding the imposition of a fee for use of the ATM. The first is a fee disclosure on the ATM screen where a consumer is required to affirmatively indicate whether he or she accepts the fee. Read more about ATM disclosures in this credit union issue brief.
NAFCU conferences are designed to help strengthen and accelerate your career and your credit union’s mission. You will benefit from industry-leading presenters and exclusive networking events in locations across the country. Whatever your career path may be, NAFCU has a conference or school to help you grow and reach new heights!
- Master Your Exam: Issues, Tips and Insight from NCUA
August 8, 2012
2:00 - 3:30 p.m. EDT
Available until August 8, 2013
Among the many challenges that credit
unions face, the NCUA exam continues to be a top concern. To help
alleviate the pressure, NCUA wants to create a collaborative examination
setting for credit unions and examiners. Join NAFCU and NCUA during
this must-attend webcast and capitalize on hearing what NCUA is looking
for from credit unions to ensure a straightforward, collaborative
During this webcast, NCUA Director of the
Office of Examination and Insurance Larry Fazio will detail current and
upcoming exam issues with special focus on operation risk.
Participants will also walk away with:
• The expertise to develop a productive exam process
• A checklist for NCUA exam preparation
• Essentials to remember during an exam, including lessons coming from NCUA’s listening sessions
• An update on liquidity issues and rulemakings
• Regulatory exam forecast for the remainder of 2012
- Bank Secrecy Act Compliance for Experts
June 27, 2012
2:00 - 3:30 p.m. EDT
Available until June 27, 2013
The requirements of the Bank Secrecy Act (BSA) are effective for all financial institutions and compliance is mandatory. Those responsible for BSA compliance are required to receive specialized training, as they hold a tremendous amount of responsibility to ensure their institution remain compliant with the Act.
- A Detailed Look Inside NCUA’s New Interest Rate Risk Rule
NCUA’s new interest rate risk rule is effective September 30, 2012 and will impact over 45% of all federally insured credit unions! The rule states, “certain credit unions must create a written policy to address IRR management, as well as an effective IRR program for successful asset liability management”.
Those impacted by the rule include all federally insured credit unions over $50 million in assets and those with less than $10 million in assets are exempt. Credit unions between $10 and $50 million in assets are only subject to the requirements if their first mortgage loans plus investments with maturities over five years equal or exceed 100% of its net worth.
This webcast will be more than the average compliance checklist. You will get an in-depth look at the new rule and learn how to develop your credit union’s interest rate risk policy and program.
- NAFCU Regulatory Watch
NAFCU members can access the latest regulatory alerts and hot issues that may directly impact their credit unions on NAFCU's Regulatory Watch page.
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- NAFCU Congressional Testimony
Read complete testimonies from NAFCU's credit union members and staff to Congress.
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- Subscribe to NAFCU Today
NAFCU’s daily enewsletter is the leading source of news covering all credit union industry matters. It has more than 10,000 subscribers and publishes more than 1,200 articles a year. Subscribe for free today!
- Credit Union Compliance
NAFCU provides credit union regulatory compliance services to its members through a multi-faceted program, including direct access to NAFCU's compliance team, complimentary subscriptions to the Compliance Monitor, BSA Blast and NAFCU Compliance Blog, providing your credit union with the latest compliance information and answers to FAQs, free access to the Compliance Book of Answers and Compliance Calendar, as well as discounted member pricing on credit union compliance training and certification program.
- Health Care Reform Resources
Health Care Reform Resources for credit union compliance officers.
- Compliance Central Articles
Compliance Central Articles from NAFCU staff to help keep credit union compliance officers in the loops on the most pressing issues on the horizon.
- Interagency guidance on flood insurance coming
NCUA may issue interagency guidance on flood insurance issues in as early as a few weeks, according to NAFCU Regulatory Affairs Counsel PJ Hoffman.
- Becker talks five-point plan on CUbroadcast
NAFCU President and CEO Fred Becker touts the association's five-point plan for broad-based credit union regulatory relief in a new video interview on CUbroadcast.com, noting that the plan has already been well-received by the industry.
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- NAFCU Beltway Buzz Enewsletter
Monthly member-only enewsletter, penned by NAFCU’s Vice President of Legislative Affairs Brad Thaler, giving you a fun, unfiltered look at the important developments in credit union legislation.
- Frequently Asked Questions
Frequently asked questions about NAFCU's Unlimited Webcast Subscription.
- NAFCU Applauds Reps. Luetkemeyer and Sherman's Efforts to Eliminate Duplicative Privacy Notices
NAFCU President and CEO Fred R. Becker, Jr. applauded Reps. Blaine
Luetkemeyer (R-Mo.) and Brad Sherman (D-Calif.) for reintroducing The Eliminate Privacy Notice Confusion Act to
requirements, so long as the policy is unchanged, and there has been no
new information sharing with non-affiliated third parties since prior
- NAFCU Lauds Introduction of Credit Union Supplemental Capital Legislation
NAFCU endorsed The Capital Access for Small Businesses and Jobs Act,
introduced today by Reps. Peter King (R-N.Y.) and Brad Sherman
(D-Calif.), which addresses the critical issue of supplemental capital
for credit unions.
- NAFCU Statement on President's Executive Order on Cyber Security
NAFCU President and CEO Fred Becker issued the following statement
following President Obama's executive order that calls for the
development and implementation of a framework on cyber security
practices with industry partners.
- Unlimited Webcast Subscription
NAFCU's unlimited webcast subscription provides your credit union with an excellent way to ensure your staff has access to the latest credit union education year-round – all from the comfort of their own office! With a minimum of 20 webcasts planned for 2013, we will be covering the hottest industry topics, including top-rated credit union compliance education.
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- Webcast Topics
NAFCU's Annual Unlimited Webcast Subscription provides your credit union with the ultimate convenience and affordability to get the education your credit union needs, without leaving the office! Check out some of the topics we'll cover this year.
- NAFCU Statement on CFPB’s Rule on Mortgage Loan Originators
Washington- National Association of Federal Credit Unions (NAFCU) President and CEO Fred R. Becker Jr. today made the following statement regarding the Consumer Financial Protection Bureau (CFPB) issuing its final rule on mortgage loan originators.
- Annual Conference and Solutions Expo
Join leaders and credit union solution providers at NAFCU's 46th Annual Conference and Solutions Expo, July 9-13 in Boston, to learn the cutting-edge strategies, solutions and trends that will help you readily adapt to an ever-changing credit union industry and make history!
- GSEs Buy Back Policies and Requirements
On behalf of the National Association of Federal Credit Unions (NAFCU), the only trade association that exclusively represents federal credit unions (FCUs), I am writing to you regarding an issue that is gaining momentum in the secondary housing market - mortgage loan buy-back provisions.
- Regulatory Compliance Seminar
The 2013 NAFCU Regulatory Compliance Seminar is October 22-25 in Nashville, TN. This comprehensive and exceptionally popular compliance program covers the latest challenges and changes in credit union rules and regulations. Industry-leading credit union compliance professionals will present up-to-date regulatory trends impacting credit union compliance.